Company profile

Ticker
FE
Exchange
CEO
Charles E. Jones
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
341843785

FE stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

23 Apr 20
4 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 2.71B 2.67B 2.96B 2.52B
Net income 74M -111M 391M 312M
Diluted EPS 0.14 -0.2 0.72 0.58
Net profit margin 2.73% -4.15% 13.20% 12.40%
Operating income 532M 615M 681M 585M
Net change in cash -475M -89M 294M 248M
Cash on hand 152M 627M 716M 422M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 11.04B 11.26B 10.93B 10.7B
Net income 912M 1.35B -1.72B -6.18B
Diluted EPS 1.68 1.99 -3.88 -14.49
Net profit margin 8.26% 11.97% -15.78% -57.73%
Operating income 2.51B 2.5B 2.43B 2.05B
Net change in cash 260M -221M 389M 68M
Cash on hand 627M 367M 588M 199M

Financial data from FirstEnergy earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Apr 20 Anderson Michael J Phantom Stock Units Common Stock Grant Aquire A No 38.73 968 37.49K 57,702.617
1 Apr 20 Demetriou Steven J. Phantom Stock Units Common Stock Grant Aquire A No 38.73 968 37.49K 8,619.967
1 Apr 20 Julia L Johnson Common Stock Grant Aquire A No 38.73 968 37.49K 9,756.079

Financial report summary

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Management Discussion
  • Cash flows from operations increased $1,057 million in 2019 as compared with 2018. The year-over-year change in cash from operations increased due to the following:
  • On January 10, 2019, ME issued $500 million of 4.30% senior notes due 2029. Proceeds from the issuance of senior notes were primarily used to refinance existing indebtedness, including ME’s $300 million of 7.70% senior notes due 2019, and borrowings outstanding under the FE regulated utility money pool and the FE Facility, to fund capital expenditures, and for other general corporate purposes.
  • On February 8, 2019, JCP&L issued $400 million of 4.30% senior notes due 2026. Proceeds from the issuance of the senior notes were primarily used to refinance existing indebtedness, including amounts outstanding under the FE regulated utility money pool incurred in connection with the repayment at maturity of JCP&L’s $300 million of 7.35% senior notes due 2019 and the funding of storm recovery and restoration costs and expenses, to fund capital expenditures and working capital requirements and for other general corporate purposes.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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