FirstEnergy Corp. (FE)
FirstEnergy Corp. operates in the Regulated Electric industry of the Utilities sector, headquartered in Akron, OH, US. The stock last traded at $43.30, up 0.27% on the session, giving a market capitalisation of $25.06B. On trailing twelve-month figures it carries a trailing P/E of 23.09, a net margin of 6.9%. Its beta of 0.44 implies it has historically moved less than the broad market.
FirstEnergy Corp. is an American utility company that, through its subsidiaries, provides comprehensive electricity services, encompassing generation, transmission, and distribution throughout the United States. Its operations are structured into Regulated Distribution and Regulated Transmission segments. The company leverages a diverse portfolio of power sources, operating facilities that produce electricity from coal, nuclear, hydroelectric, natural gas, wind, and solar technologies. Its vast infrastructure includes 24,074 circuit miles of overhead and underground transmission lines, complemented by an extensive electric distribution network featuring 273,295 miles of overhead pole lines and underground conduits for primary, secondary, and street lighting circuits. FirstEnergy serves approximately 6 million customers across six states: Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. The corporation was established in 1996 and is based in Akron, Ohio.
FirstEnergy Corp. is most often compared with the following Utilities names: