Revenue segments as reported by the company.

Distribution services and retail generation

Transmission

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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DPA penalty

Gain on sale of Yards Creek

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

FirstEnergy

FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity as well as energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate segment reflects corporate support not charged to FE's subsidiaries, interest expense on FE’s holding company debt and other businesses that do not constitute an operating segment. The company was founded in 1996 and is headquartered in Akron, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

FirstEnergy reports robust Q4 earnings, eyes growth through 2025

FirstEnergy's Q4 2022 performance reflects financial strength and operational resilience, underpinned by debt reduction and earnings growth.
Strategic initiatives in regulatory matters and capital optimization position the company for sustained growth and efficiency improvements.
While facing challenges in CEO succession and earnings diversification, FirstEnergy's proactive stance on future opportunities bodes well for long-term success.

FirstEnergy meets Q1 earnings, pursues growth through acquisitions and investments

FirstEnergy's Q1 performance met expectations, with a focus on financial strength, operational enhancements, and culture transformation. The company is proactive in its approach to capital investments, regulatory compliance, and climate goals. Challenges lie in declining earnings from certain sources and mitigating weather-related impacts.

FirstEnergy maintains earnings guidance amidst regulatory challenges and growth opportunities

FirstEnergy's Q2 performance was impacted by mild weather conditions, but the company remains focused on financial guidance, dividend declaration, and stakeholder engagement. Regulatory challenges and ongoing investigations pose risks, while opportunities lie in operational efficiency improvements and strategic growth initiatives.

FirstEnergy reports improved Q3 earnings, plans $12B investments

FirstEnergy's Q3 performance showed earnings improvement and cost control efforts. The company is strategically positioned for growth with significant capital investments planned. Challenges include weather impacts and setbacks in performance metrics, while opportunities lie in improving financial metrics and growth potential in Ohio.

FirstEnergy excels in Q4 earnings, faces challenges in regulatory landscape

FirstEnergy delivered strong financial performance, exceeding earnings guidance and showcasing successful initiatives.
The company's focus on transparency, balance sheet strength, and dividend growth sets it apart in the industry.
Challenges include managing state-regulated returns, pension volatility, and potential power price increases.
Opportunities lie in improving ROE, leveraging load growth, and executing strategic initiatives for growth.

FirstEnergy reports strong Q1 earnings, upgrades to investment grade

FirstEnergy's Q1 performance was strong, with earnings exceeding expectations and positive regulatory developments.
The company's strategic initiatives and investment plans position it well for growth in clean energy and grid modernization.
Challenges include regulatory uncertainties and ongoing investigations, but efforts are underway to address them.
Opportunities in transmission growth, grid technologies, and customer service enhancements offer avenues for future expansion.

FirstEnergy reports Q2 earnings mix, focuses on stability and growth

FirstEnergy's Q2 performance showed mixed results with GAAP earnings decline but improved operating earnings, driven by positive factors like rate adjustments and customer demand.
The company demonstrated strength in balance sheet improvements, regulatory engagements, and resolving legacy issues, enhancing financial stability and investor confidence.
While facing challenges in regulatory settlements, power prices, and operational efficiency, FirstEnergy is poised to leverage opportunities in revenue growth, strategic investments, and operational enhancements.

FirstEnergy reports mixed Q3 earnings, focuses on growth initiatives

FirstEnergy's Q3 2024 performance reflected a mix of positive earnings drivers and challenges, with a focus on capital investments and regulatory updates shaping the company's future trajectory. The company's strategic initiatives, including participation in transmission expansion plans and a substantial CapEx plan, position it for sustainable growth and operational enhancement.

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FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity, energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate or Other. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate or Other segment reflects corporate support and other costs not charged or attributable to the utilities or transmission companies. The company was founded in 1996 and is headquartered in Akron, OH.

FirstEnergy (FE) delivered earnings and revenue surprises of 1.23% and 0.49%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

FirstEnergy (FE) Q3 Earnings and Revenues Top Estimates

FirstEnergy (NYSE:FE) reported its Q3 earnings results on Thursday, October 28, 2021 at 04:20 PM. Here's what investors need to know about the announcement.

FirstEnergy: Q3 Earnings Insights

AKRON, Ohio, Oct. 28, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Camilo Serna has been named vice president, Rates and Regulatory Affairs, effective November 8. Serna will be responsible for state and federal regulatory affairs, rate design and revenue requirements, as well as electric load research and forecasting.

FirstEnergy Names Camilo Serna Vice President, Rates and Regulatory Affairs

AKRON, Ohio, Oct. 28, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported third quarter 2021 GAAP earnings of $463 million, or $0.85 per basic and diluted share of common stock, on revenue of $3.1 billion. In the third quarter of 2020, the company reported GAAP earnings of $454 million, or $0.84 per basic and diluted share of common stock, on revenue of $3 billion.

FirstEnergy Announces Third Quarter 2021 Financial Results

TOLEDO, Ohio, Oct. 27, 2021 /PRNewswire/ -- Tracing its roots to a collection of companies that once generated power to illuminate downtown streetlights and operate electric passenger railways, Toledo Edison, a FirstEnergy Corp. (NYSE: FE) electric company, will celebrate its 100th anniversary on Monday, Nov. 1. "The world has changed immeasurably over the last hundred years, and Toledo Edison has been there each step of the way, delivering safe and reliable electric service to our customers," said Ed Shuttleworth, president of FirstEnergy's Ohio operations.

Toledo Edison Celebrates 100th Anniversary of Powering Northwest Ohio Communities

RITTMAN, Ohio, Oct. 27, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) recently donated about 520 trees to the City of Rittman's Nature Preserve in Wayne County, Ohio. A mixed variety of hardwood and fruit trees were planted on Oct. 27 by employees of FirstEnergy and its Ohio Edison electric company throughout the new 210-acre nature preserve, which is situated on land where a vacant industrial business once stood.

FirstEnergy Donates 520 Trees to Rittman Nature Preserve

FirstEnergy (FE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes FirstEnergy (FE) a New Buy Stock

AKRON, Ohio, Oct. 26, 2021 /PRNewswire/ -- To keep power flowing safely and reliably through the upcoming winter months, proactive aerial inspections along nearly 800 miles of 345-kilovolt (kV) transmission lines were recently completed throughout Ohio Edison's service area using infrared and ultraviolet (IR/UV) technology. Completed every four years in conjunction with American Transmission Systems Incorporated, a FirstEnergy Corp. (NYSE: FE) transmission subsidiary, IR/UV patrols help prevent future power outages by detecting early-stage and often invisible equipment issues within transmission substations and on high-voltage power lines that cannot be observed during regular visual inspections.

Helicopters, Infrared Technology Used to Complete Proactive Inspections of High-Voltage Power Lines in Ohio Edison Service Territory

WARREN, Ohio, Oct. 25, 2021 /PRNewswire/ -- The second phase of construction on new electric transmission infrastructure in Trumbull County, Ohio, is underway by FirstEnergy Corp. (NYSE: FE) to support the energy demands of the area's rapidly expanding electric vehicle (EV) industry. The work is also expected to help reduce the frequency and duration of power outages experienced by Ohio Edison customers in the area.

Construction Underway on New FirstEnergy High-Voltage Line to Support Growing Electric Vehicle Industry in Lordstown

FirstEnergy's (FE) third-quarter earnings are likely to have benefited from the rising demand from different customer groups, offset by the absence of Ohio decoupling revenues.

FirstEnergy (FE) to Report Q3 Earnings: What's in Store?

ERIE, Pa., Oct. 20, 2021 /PRNewswire/ -- Penelec, a subsidiary of FirstEnergy Corp. (NYSE: FE), has placed markers on a long stretch of power line in the Erie National Wildlife Refuge in Crawford County, Pennsylvania, to help bald eagles avoid in-flight collisions that could cause power outages as they fly between their nest and fishing grounds. From a hovering helicopter, contractors clipped avian flight diverters every 15 feet along the 1,200-foot span of wire high above a marsh in the Erie National Wildlife Refuge.

Penelec Installs Equipment on Power Lines to Protect Eagles

MORRISTOWN, N.J., Oct. 20, 2021 /PRNewswire/ -- Residential customers of Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), who are having difficulty making ends meet are encouraged to contact their utility now to enroll in payment plans or to receive referrals for bill assistance programs.

JCP&L Encourages Customers to Arrange Payment Plans and Apply for Bill Assistance Programs During Assistance Week

HOLMDEL, N.J., Oct. 15, 2021 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has named three new external affairs consultants to serve as liaisons with elected officials and to support local community involvement activities.

JCP&L Welcomes Three New External Affairs Consultants

GREENSBURG, Pa., Oct. 14, 2021 /PRNewswire/ -- To keep power flowing safely and reliably for Penn Power and West Penn Power customers through the upcoming winter months, proactive aerial inspections were recently completed along nearly 1,000 miles of 345-kilovolt (kV) transmission lines in the greater Pittsburgh area using infrared and ultraviolet (IR/UV) technology.

Helicopters, Infrared Technology Used to Complete Proactive Inspections of High-Voltage Power Lines in Western Pennsylvania

WILLIAMSPORT, Md., Oct. 14, 2021 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has installed new interior fencing at a Frederick County substation to help deter climbing animals and protect against electrical equipment interference that can cause power outages.

Potomac Edison Installs New Substation Fencing to Prevent Animal Intrusions

AKRON, Ohio, Oct. 4, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today issued a Request for Proposal (RFP) to purchase Ohio-compliant Renewable Energy Credits (RECs) for its Ohio utilities – Ohio Edison, The Illuminating Company and Toledo Edison. The purchases will help meet the companies' 2021 renewable energy targets established under Ohio's alternative energy law.

FirstEnergy Ohio Utilities Launch Request for Proposal for 2021 Renewable Energy Credits

Barings BDC Inc

Pfizer

Redwood Trust

After the September slump, more volatility may be awaiting October, which calls for investing in risk-adjusted stocks like BARINGS BDC (BBDC), FirstEnergy (FE), Pfizer (PFE) & Redwood Trust (RWT).

4 of the Best Stocks to Counter a Volatile October

Duke Energy

Xcel Energy

PPL's units are going to join the Electric Highway Coalition to further accelerate its efforts to meet its clean energy plans.

PPL to Join Electric Highway Coalition, Expand in EV Market

HOLMDEL, N.J., Sept. 28, 2021 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has submitted a proposal to connect clean energy generated by New Jersey's offshore wind farms to the power grid.

JCP&L Proposal Supports New Jersey Clean Energy Plan by Delivering Wind Power to Customers with Minimal Community Impacts

Exelon

Alliant Energy

With the world moving toward clean energy, utilities like Alliant Energy (LNT), Exelon (EXC), FirstEnergy (FE) and Duke Energy (DUK) have announced plans to become carbon-neutral by 2050.

4 Utilities in the Quest for Net-Zero Carbon Emission

HERMITAGE, Pa., Sept. 23, 2021 /PRNewswire/ -- To celebrate the start of the fall season, FirstEnergy Corp. (NYSE: FE) and its electric company Penn Power recently donated nearly 130 trees to Buhl Park in Hermitage, Pennsylvania.

FirstEnergy, Penn Power Donate and Plant Nearly 130 Trees at Buhl Park

AKRON, Ohio, Sept. 23, 2021 /PRNewswire/ -- In recognition of its commitment to supplier diversity and women-owned businesses, FirstEnergy Corp. (NYSE: FE) has been presented with the 2021 "Regional Council Member Done Deals" award by the Women's Business Enterprise Center – East (WBEC-East).

FirstEnergy Honored by Women's Business Enterprise Center for Supplier Diversity Programs

Vistra Energy

Many investors are interested in speculative assets right now, like high growth tech stocks, SPACs, and crypto. But the reality is that boring stocks like utilities have actually outperformed historically.

2 High Yield Utility Stocks We're Buying

AKRON, Ohio, Sept. 21, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has been named by Site Selection magazine as one of the nation's leading utilities in promoting economic development for the third year in a row, helping to attract 14,500 new jobs and $5.5 billion in third-party corporate facility investment in its six-state service area in 2020.

News for FirstEnergy Stock (FE)