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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FirstEnergy: Q1 Earnings Insights

22 Apr 21

Shares of FirstEnergy (NYSE:FE) fell in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 4.55% year over year to $0.69, which beat the estimate of $0.67.

FirstEnergy Q1 Adj. EPS $0.69 Beats $0.67 Estimate, Sales $2.70B Miss $2.94B Estimate

22 Apr 21

FirstEnergy (NYSE:FE) reported quarterly earnings of $0.69 per share which beat the analyst consensus estimate of $0.67 by 2.99 percent. This is a 4.55 percent increase over earnings of $0.66 per share from the same

Notable After-Hours Earnings For Thursday, Apr. 22, 2021 And Expected Report Times: INTC, SKX, VRSN, STX, MAT, SNAP, SAM, FE

22 Apr 21

Intel (INTC): 4:01 p.m. EDT Skechers (SKX): 4:05 p.m. VeriSign (VRSN): 4:05 p.m. Seagate Technology (STX): 4:05 p.m. Mattel (MAT): 4:05 p.m. Snap (SNAP): 4:10 p.m. Boston Beer (SAM): 4:15

Earnings Scheduled For April 22, 2021

22 Apr 21

Benzinga's Top Ratings Upgrades, Downgrades For April 21, 2021

21 Apr 21

Press releases

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FirstEnergy Executives Address Shareholders

18 May 21

AKRON, Ohio, May 18, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) President and Chief Executive Officer Steven E. Strah told shareholders today that the company is embarking on a transformation designed to deliver

JCP&L Encourages Customers to Arrange Payment Plans and Apply for Bill Assistance Programs to Avoid Unmanageable Balances

17 May 21

MORRISTOWN, N.J., May 17, 2021 /PRNewswire/ -- Residential and business customers of Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE:FE), who are having difficulty making ends meet are

FirstEnergy Transmission Line Rebuild Helps Enhance Reliability for Ohio Edison Customers

17 May 21

AKRON, Ohio, May 17, 2021 /PRNewswire/ -- A transmission affiliate of FirstEnergy Corp. (NYSE:FE) has completed rebuilding a 69-kilovolt transmission line to help enhance electric service reliability for Ohio Edison

Aerial Saw Trimming Trees Along Transmission Lines in Met-Ed Service Territory

13 May 21

Alexa® Functionality Now Available for FirstEnergy Utility Customers

13 May 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

22 Apr 21

18 May 21

31 Dec 21

Financial summary

Financial statements Chart FE financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 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)	1.33B	1.33B	1.33B	1.33B	1.33B	1.33B
Cash burn (monthly)	158.33M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	251.24M	n/a	n/a	n/a	n/a	n/a
Cash remaining	1.07B	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	6.8	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 Apr 21	Anderson Michael J	Phantom Stock Units Common Stock	Grant	Aquire A	No	No	34.35	1,091	37.48K	64,513.597
1 Apr 21	Demetriou Steven J.	Phantom Stock Units Common Stock	Grant	Aquire A	No	No	34.35	1,091	37.48K	13,578.967
1 Apr 21	Julia L Johnson	Common Stock	Grant	Aquire A	No	No	34.35	1,091	37.48K	14,433.465
1 Apr 21	LYNN Jesse	Common Stock	Grant	Aquire A	No	No	34.35	169	5.81K	269
1 Apr 21	Misheff Donald T	Phantom Stock Units Common Stock	Grant	Aquire A	No	No	34.35	1,091	37.48K	41,864.721

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

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From filing 10-Q 2021 Q1