we are a forward-thinking electric utility powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger. firstenergy is dedicated to safety, reliability and operational excellence. headquartered in akron, ohio, firstenergy’s 10 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 more than 24,000 miles of transmission lines that connect the midwest and mid-atlantic regions. join the firstenergy careers facebook community at www.facebook.com/firstenergycareers, where we share career tips, job postings, photos from career fairs and community events, and more.
Company profile
Ticker
FE
Exchange
Website
CEO
Charles Jones
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
FirstEnergy Service Company • FirstEnergy Transmission, LLC • FirstEnergy Ventures Corp. • Jersey Central Power & Light Company • Metropolitan Edison Company • Monongahela Power Company • Ohio Edison Company • Pennsylvania Electric Company • The Cleveland Electric Illuminating Company • The Potomac Edison Company ...
IRS number
341843785
FE stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
29 Mar 24
DEFA14A
Additional proxy soliciting materials
29 Mar 24
DEF 14A
Definitive proxy
29 Mar 24
8-K/A
Departure of Directors or Certain Officers
25 Mar 24
8-K
FirstEnergy Closes on $3.5 Billion
25 Mar 24
8-K
Departure of Directors or Certain Officers
16 Feb 24
10-K
2023 FY
Annual report
13 Feb 24
8-K
FirstEnergy Announces Fourth Quarter and Full Year 2023 Financial Results
8 Feb 24
8-K
Departure of Directors or Certain Officers
11 Dec 23
8-K
FirstEnergy Appoints Two Senior Executives to Accelerate
21 Nov 23
Transcripts
FE
Earnings call transcript
2023 Q4
9 Feb 24
FE
Earnings call transcript
2023 Q3
27 Oct 23
FE
Earnings call transcript
2023 Q2
2 Aug 23
FE
Earnings call transcript
2023 Q1
28 Apr 23
FE
Earnings call transcript
2022 Q4
14 Feb 23
FE
Earnings call transcript
2022 Q3
26 Oct 22
FE
Earnings call transcript
2022 Q2
27 Jul 22
FE
Earnings call transcript
2022 Q1
22 Apr 22
FE
Earnings call transcript
2021 Q4
11 Feb 22
FE
Earnings call transcript
2021 Q3
29 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 144.00 mm | 144.00 mm | 144.00 mm | 144.00 mm | 144.00 mm | 144.00 mm |
Cash burn (monthly) | 23.33 mm | 11.08 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 154.50 mm | 73.39 mm | n/a | n/a | n/a | n/a |
Cash remaining | -10.50 mm | 70.61 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -0.4 | 6.4 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Jana T Croom | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 1,043 | 0.00 | 5,480.228 |
1 Apr 24 | Demetriou Steven J. | Common Stock | Grant | Acquire A | No | No | 38.33 | 1,043 | 39.98 k | 9,492 |
1 Apr 24 | Lisa Winston Hicks | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 1,043 | 0.00 | 9,469.07 |
1 Apr 24 | Kaleta Paul J | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 1,043 | 0.00 | 9,469.067 |
1 Apr 24 | Oneil James F | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 0 | 1,043 | 0.00 | 38,646.566 |
News
Peering Into FirstEnergy's Recent Short Interest
16 Apr 24
FirstEnergy Announces Settlement Reached In Ohio Utilities' Grid Modernization Plan That Will Expand The Deployment Of Smart Meters To An Additional 1.4M Customers In Ohio
15 Apr 24
Goldman Sachs Initiates Coverage On FirstEnergy with Buy Rating, Announces Price Target of $45
10 Apr 24
Recap: FirstEnergy Q4 Earnings
8 Feb 24
FirstEnergy Q4 2023 Adj EPS $0.62 Beats $0.59 Estimate, Sales $3.2B Beat $3.13B Estimate
8 Feb 24
Press releases
FirstEnergy Names John Combs Senior Vice President, Shared Services
16 Apr 24
Settlement Reached in FirstEnergy Ohio Utilities' Grid Modernization Plan
15 Apr 24
Tree-Trimming Work Underway to Help Prevent or Minimize Power Outages for JCP&L Customers
10 Apr 24
FirstEnergy to Webcast First Quarter Earnings Teleconference
3 Apr 24
FirstEnergy Pennsylvania Will File Rate Review to Support Continued Service Reliability Enhancements for Customers
2 Apr 24