FirstEnergy Corp logo

FirstEnergy Corp FE

Market Closed
21 Jun, 20:00
NYSE NYSE
$
38. 27
+0.04
+0.1%
After Hours
$
38. 07
-0.2 -0.52%
23.04B Market Cap
38.93 P/E Ratio
1.7% Div Yield
5,179,400 Volume
2.54 Eps
$ 38.23
Previous Close
Day Range
38.1 38.64
Year Range
32.18 40.65

FE Chart

FirstEnergy Corp Profile

Utilities - Regulated Electric Industry
Utilities Sector
Mr. Brian X. Tierney CEO
NYSE Exchange
US3379321074 ISIN
US Country
12,042 Employees
- Last Dividend
4 Apr 2003 Last Split
10 Nov 1997 IPO Date

Overview

FirstEnergy Corp., established in 1996 with its headquarters in Akron, Ohio, is a powerful player in the United States electricity market. The company, through its subsidiaries, is engaged in the generation, transmission, and distribution of electricity. It operates across various states including Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York, catering to approximately 6 million customers. Its operations are segmented into Regulated Distribution and Regulated Transmission, allowing the company to manage its extensive network efficiently. FirstEnergy stands out for its diversified energy production portfolio, including coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities, showcasing the company's commitment to serving its vast customer base with a mix of energy sources.

Products and Services

  • Electricity Generation

    FirstEnergy generates electricity using a diverse mix of sources. These include coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. This diversification ensures a reliable supply of electricity while also incorporating renewable and clean energy sources.

  • Electricity Transmission

    The company owns and operates approximately 24,080 circuit miles of overhead and underground transmission lines. These high-voltage lines are crucial for transporting electricity from power plants to substations before it is distributed to customers.

  • Electricity Distribution

    FirstEnergy's distribution network includes about 274,518 miles of overhead pole line and underground conduit. This network carries primary, secondary, and street lighting circuits, ensuring electricity reaches homes, businesses, and public spaces in the communities it serves.

Contact Information

Address: 76 South Main Street, Akron, OH, United States, 44308
Phone: 800 736 3402