FI

Firstenergy

FE
NYSEUtilities
$47.97
USD
-0.97(-1.98%)
At close: Apr 30, 18:01 UTC
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Open

$47.96

Prev. Close

$47.96

High

$48.05

Low

$47.95

Market Snapshot

Market Cap

$28.28B

P/E Ratio

26.6

EPS

1.70

Revenue

$13.47B

Why FE moved

FirstEnergy reported its first-quarter financial results on Wednesday, highlighting key performance metrics and insights into its operational progress and strategic goals for the year ahead.

About

FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity, energy management and other energy-related services through its subsidiaries. The company is headquartered in Akron, Ohio and currently employs 11,186 full-time employees. The Distribution Segment, which consists of the Ohio Companies and FirstEnergy Pennsylvania Electric Company (FE PA), distributes electricity in Ohio and Pennsylvania. The Integrated segment includes the distribution and transmission operations under Jersey Central Power & Light Company (JCP&L), Monongahela Power Company (MP) and The Potomac Edison Company (PE), as well as MP's regulated generation operations. The segment distributes electricity in New Jersey, West Virginia and Maryland, provides transmission infrastructure, and operates 3,604 MWs of regulated net maximum generation capacity. The Stand-Alone Transmission segment consists of its ownership in FET and KATCo, which includes transmission infrastructure owned and operated by the Transmission Companies and used to transmit electricity.

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