FE Firstenergy Dashboard

FirstEnergy Corp. is dedicated to safety, reliability and operational excellence. Its ten electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,500 miles of transmission lines that connect the Midwest and Mid-Atlantic regions.

Company profile

Ticker

Exchange

NYSE

Website

www.firstenergycorp.com

CEO

Charles Jones

Incorporated

Ohio

Location

Ohio

Fiscal year end

Dec 31

Sector

Utilities > Nuclear Electric Power Generation

Industry (SIC)

Electric Services

Alabama Power • NextEra Energy • Exelon Generation • SOUTHERN CALIFORNIA EDISON • Edison International • Tennessee Valley Authority • Dominion Energy • Entergy Texas • Pseg Power • PPL Electric Utilities ...

SEC CIK

0001031296

Corporate docs

Articles of Incorporation & Bylaws

IRS number

341843785

FE stock data

S&P 500

1M 1Y 2Y 5Y

News

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Mizuho Maintains Neutral on FirstEnergy, Raises Price Target to $38

26 Jul 21

Mizuho analyst Paul Fremont maintains FirstEnergy (NYSE:FE) with a Neutral and raises the price target from $37 to $38.

Wells Fargo Maintains Underweight on FirstEnergy, Raises Price Target to $40

26 Jul 21

Wells Fargo analyst Neil Kalton maintains FirstEnergy (NYSE:FE) with a Underweight and raises the price target from $38 to $40.

Morgan Stanley Maintains Overweight on FirstEnergy, Raises Price Target to $46

23 Jul 21

Morgan Stanley maintains FirstEnergy (NYSE:FE) with a Overweight and raises the price target from $45 to $46.

FirstEnergy: Q2 Earnings Insights

22 Jul 21

FirstEnergy Q2 Adj. EPS $0.59, Inline

22 Jul 21

Press releases

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Energy Impact Partners and its Global Corporate Partners Launch Elevate Future Fund to Advance Diversity, Equity and Inclusion in the Energy Transition

28 Jul 21

The Fund Looks to Expand Access and Opportunities for Underrepresented Entrepreneurs and Communities Advancing the Low Carbon Economy of the Future Energy Impact Partners LP ("EIP"), a global investment platform

FirstEnergy Joins Electric Highway Coalition

27 Jul 21

AKRON, Ohio, July 27, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) has joined the Electric Highway Coalition, a group of electric companies committed to enabling long-distance electric vehicle (EV) travel through a

FirstEnergy Names Soubhagya Parija Vice President and Chief Risk Officer

22 Jul 21

AKRON, Ohio, July 22, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced that Soubhagya Parija has been named vice president and chief risk officer, effective August 16. In this role, he will develop and

FirstEnergy Announces Second Quarter 2021 Financial Results

22 Jul 21

Thinking about buying stock in Chembio Diagnostics, Cleveland-Cliffs, SoFi Technologies, FirstEnergy, or Endo Int?

22 Jul 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

22 Jul 21

30 Jul 21

31 Dec 21

Financial summary

Financial statements Chart FE financial data

Quarter (USD)	Jun 21	Mar 21	Dec 20	Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Firstenergy earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.31B	1.31B	1.31B	1.31B	1.31B	1.31B
Cash burn (monthly)	4.67M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	4.81M	n/a	n/a	n/a	n/a	n/a
Cash remaining	1.31B	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	280.1	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

FE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jul 21	Anderson Michael J	Phantom Stock Units Common Stock	Grant	Aquire A	No	No	37.48	1,000	37.48K	66,923.299
1 Jul 21	Demetriou Steven J.	Phantom Stock Units Common Stock	Grant	Aquire A	No	No	37.48	1,000	37.48K	14,865.525
1 Jul 21	Julia L Johnson	Common Stock	Grant	Aquire A	No	No	37.48	1,000	37.48K	15,501.411
1 Jul 21	LYNN Jesse	Common Stock	Grant	Aquire A	No	No	37.48	1,000	37.48K	1,269
1 Jul 21	Misheff Donald T	Phantom Stock Units Common Stock	Grant	Aquire A	No	No	37.48	1,000	37.48K	43,774.998

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Financial report summary

Management Discussion

The financial results discussed below include revenues and expenses from transactions among FirstEnergy’s business segments. A reconciliation of segment financial results is provided in Note 17, "Segment Information," of the Notes to Consolidated Financial Statements.
Regulated Distribution's net income decreased $117 million in 2020, as compared to 2019, primarily resulting from the charge associated with the impairment of an Ohio regulatory asset in 2020, as further discussed below, higher pension and OPEB mark-to-market adjustments, lower weather-related customer usage, the absence of the DMR revenues that ended in July 2019, and higher operating and maintenance expenses including the impact of non-deferred COVID-19 costs, partially offset by lower pension and OPEB non-service costs, higher revenues from incremental riders in Ohio and Pennsylvania and increased weather-adjusted residential sales due to the impact of COVID-19.
(1) Includes $43 million and $181 million of ARP revenues for the years ended December 31, 2020 and 2019, respectively.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: acknowledgement, apportionment, arguing, attachment, cancellation, Consent, conspired, copy, Decree, dictated, DPA, encouraged, Exhibit, explicit, fear, filling, fraud, honest, implicit, intervenor, Justice, Kaleta, Lisa, lump, Melvin, memoranda, memorializing, nationwide, ODSA, Paul, pipeline, pole, prompt, protested, readability, reiterated, retaliation, seat, sixty, speak, stage, subpoena, sum, text, thirty, unitary, vacant, website, Winston, wire

Removed: AMT, aquatic, book, certainty, declined, decoupled, divide, DOJ, entrainment, equal, exceeding, expire, feet, fish, grossed, high, impingement, imposed, intake, lawful, low, magnitude, median, midpoint, natural, notice, participated, pinned, RFP, shale, statutorily, steel, velocity, withdrew

From filing 10-Q 2021 Q2