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Firstenergy Corp  (FE)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 
Price: $38.2100 $0.26 0.685%
Day's High: $38.04 Week Perf: 0.84 %
Day's Low: $ 37.88 30 Day Perf: 2.44 %
Volume (M): 230 52 Wk High: $ 41.99
Volume (M$): $ 8,710 52 Wk Avg: $37.54
Open: $37.77 52 Wk Low: $32.18



 Market Capitalization (Millions $) 21,931
 Shares Outstanding (Millions) 574
 Employees 12,395
 Revenues (TTM) (Millions $) 12,870
 Net Income (TTM) (Millions $) 1,176
 Cash Flow (TTM) (Millions $) -27
 Capital Exp. (TTM) (Millions $) 3,356

Firstenergy Corp
FirstEnergy Corp. was organized under the laws of the State of Ohio in 1996.'FirstEnergys principal business is the holding,'directly or indirectly, of all of the'outstanding' common'stock'of'its'principal'electric'utility operating'subsidiaries,'Ohio'Edison' Company'(OE),'The'Cleveland'Electric Illuminating Company (CEI), Pennsylvania Power Company (Penn), The Toledo Edison Company (TE), American Transmission Systems, Incorporated (ATSI), Jersey Central Power'&'Light'Company'(JCP&L),'Metropolitan' Edison'Company'(Met-Ed)'and Pennsylvania'Electric Company (Penelec). FirstEnergy Corp. is a registered public utility holding company headquartered in Akron, Ohio that provides regulated and competitive energy services. Our vision is to become the leading retail energy and related services provider in the northeast and mid-Atlantic region of the United States. Our eight electric utility operating companies (EUOC) comprise the nations fifth largest investor-owned electric system, serving 4.4 million customers within 36,100 square miles of Ohio, Pennsylvania and New Jersey.


   Company Address: 76 South Main Street Akron 44308 OH
   Company Phone Number: 736-3402   Stock Exchange / Ticker: NYSE FE
   


Customers Net Income grew by FE's Customers Net Profit Margin grew to

7.71 %

8.09 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CEG   -1.42%    
DUK   -0.07%    
EXC   -1.11%    
NRG        4.33% 
PCG   -1.59%    
XEL        0.27% 
• View Complete Report
   



Firstenergy Corp

Firstenergy Corp Impresses with a Remarkable Top-Line Recovery, Demonstrating Resilience Amidst Challenging Market Conditions

r/>FirstEnergy Corp., a prominent electric utilities company, recently released its financial results for the financial year ending December 31, 2023. Despite a decline in revenue, the company managed to turn a profit, showcasing its ability to adapt and navigate challenging market conditions. This article will examine the implications of the financial results and speculate on how they might impact FirstEnergy Corp. in the future.
Turning into Profitability:
Notably, FirstEnergy Corp. reported a profit of $192 million in the financial year ending December 31, 2023. This marks a significant improvement from the net loss of $385 million incurred in the same period a year ago. The company's achievement of profitability, even in the face of lower sales, demonstrates effective cost control and strategic decision-making.

Firstenergy Corp

Firstenergy Corp Reports Resilient Performance, Achieving Remarkable Profitability Growth in Q3 20232.

Firstenergy Corp, an energy company based in the United States, recently reported its financial results for the period of July to September 30, 2023. Despite only a slight increase in revenue of 0.345% to $3.49 billion from the previous reporting period, the company managed to achieve a substantial growth in profitability, with a surge of 18.97% in income to $0.69 per share.
Comparing these figures to the same period a year ago, it is evident that Firstenergy Corp has made significant improvements. Earnings per share soared by an impressive 68.29%, while revenue improved by 16.001%. In terms of the bottom line, the company reported a net earnings increase of 22.09% to $420.000 million, compared to $344.000 million in the same period the previous year.

Firstenergy Corp

FirstEnergy Corp Defies Trend, Boosts Revenue by 6.67% in Q2 2023, Outshines Electric Utilities Sector



Firstenergy Corp, an Electric Utilities company, defied the downward trend in the Electric Utilities sector by posting impressive financial results for the second quarter of the 2023 earnings season. With an increase in revenue and bottom-line growth, the company seems well-positioned to capitalize on its recent success. This article aims to interpret the financial results and analyze their potential impact on Firstenergy Corp's future.
1. Robust Revenue Growth:
Firstenergy Corp witnessed a significant revenue growth of 6.671% during the second quarter of the 2023 earnings season. The company generated $3.01 billion in revenue, showcasing a remarkable increase compared to the prior year's financial reporting period of $2.82 billion. The positive revenue trend is impressive, considering many of its counterparts in the Electric Utilities sector experienced business contraction.






 

Firstenergy's Segments
 
Regulated Serv.
 Segment     of total Revenue
Competitive Serv.
 Segment     of total Revenue
Other
 Segment     of total Revenue
 
• View Complete Report

Firstenergy's Operating Statistics Decrease / Increase
       
Residential Electric Deliveries (thousands MWh)    Residential Electric Deliveries (thousands MWh) Growth   
Commercial Electric Deliveries (thousands MWh)    Commercial Electric Deliveries (thousands MWh) Growth   
Industrial Electric Deliveries (thousands MWh)   Industrial Electric Deliveries (thousands MWh) Decline   
Other Electric Deliveries (thousands MWh)   Other Electric Deliveries (thousands MWh) Decline   
Total Electric Deliveries (thousands MWh)    Total Electric Deliveries (thousands MWh) Growth   




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