FirstEnergy Corp
FE
ISIN null / Valor 788881
FirstEnergy Corp
UMushroom community rating:
About company
FirstEnergy Corp operates one of the largest investor-owned electric distribution systems in the United States, serving over six million customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. The company manages approximately 269,000 miles of distribution lines to ensure reliable electricity delivery and operates around 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions through its transmission subsidiaries and two regional operation centers. Additionally, FirstEnergy controls about 3,599 megawatts of generation capacity from regulated scrubbed coal, solar, and hydro facilities in West Virginia and Virginia. The company has implemented major transmission investment initiatives, including the ten-year Energizing the Future program and the ongoing Energize365 initiative, aimed at modernizing and enhancing the reliability and performance of its grid infrastructure.
Summarized from source with an LLMView SourceSector: EnergyLatest Results (08.09.2025):
FirstEnergy Corp reported its second quarter of 2025 with GAAP earnings of $0.46 per share and Core Earnings (non-GAAP) of $0.52 per share, both surpassing the company’s plans. The year-to-date results show a significant increase, and the company continues to invest heavily in customer-focused initiatives.
Strong Quarterly Earnings
In the second quarter of 2025, FirstEnergy Corp achieved GAAP earnings of $0.46 per share and Core Earnings of $0.52 per share, both exceeding planned targets. Revenue for the quarter reached $3.4 billion, up from $3.3 billion in the same period last year.
Year-to-Date Growth
For the first half of 2025, GAAP earnings were $1.09 per share, while Core Earnings reached $1.19 per share, marking a 19% year-over-year increase. This growth is driven by successful regulated investment strategies and higher distribution sales.
Significant Capital Investments
FirstEnergy has deployed $2.5 billion in capital investments through June 2025, contributing to its $5 billion investment plan for the year and the broader $28 billion Energize365 program spanning 2025-2029. These investments focus on enhancing customer services and system reliability.
Optimistic Full-Year Guidance
The company has affirmed its full-year 2025 Core Earnings guidance of $2.40 to $2.60 per share, with expectations to reach the upper half of this range. Additionally, FirstEnergy targets a 6-8% compounded annual Core Earnings growth rate from 2025 through 2029.
Segment Performance
Core Earnings in the Distribution segment increased by $0.06 per share due to new base rates in Pennsylvania and reduced operating expenses. The Integrated segment maintained flat Core Earnings, benefiting from growth in transmission rate base and a lower effective tax rate, while the Stand-Alone Transmission segment saw a slight decrease in Core Earnings.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
27271 M
Market cap (USD)
3,678,683
Daily traded volume (Shares)
39.725 / 39.3
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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