|
Price: $38.9500
$0.45 
1.169%
|
| Day's High:
| $38.43
| Week Perf:
| 3.32 %
|
| Day's Low: |
$ 38.06 |
30 Day Perf: |
0.1 % |
| Volume (M): |
908 |
52 Wk High: |
$ 43.31 |
| Volume (M$): |
$ 34,826 |
52 Wk Avg: |
$39.49 |
| Open: |
$38.37 |
52 Wk Low: |
$35.32 |
|
|
| Market Capitalization (Millions $) |
22,318 |
| Shares
Outstanding (Millions) |
573 |
| Employees |
12,395 |
| Revenues (TTM) (Millions $) |
12,701 |
| Net Income (TTM) (Millions $) |
461 |
| Cash Flow (TTM) (Millions $) |
-104 |
| Capital Exp. (TTM) (Millions $) |
2,885 |
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.
FirstEnergys'consolidated revenues are'primarily'derived from electric'service'
provided by its utility operating'subsidiaries'and the revenues of its other'
principal'subsidiaries: FirstEnergy'Solutions Corp. (FES);'FirstEnergy'Facilities
Services Group, LLC (FSG);'MYR Group Inc.'(MYR);'MARBEL Energy'Corporation'(MARBEL);'
and First Communications,'LLC.'In'addition,'FirstEnergy'holds all of the'outstanding
common stock of other direct'subsidiaries'including:'FirstEnergy'Properties,
Inc., FirstEnergy Ventures Corp., FirstEnergy Nuclear Operating Company (FENOC),
FirstEnergy'Securities'Transfer Company,'GPU Diversified'Holdings,'LLC, GPU
Telecom'Services,'Inc., GPU Nuclear,'Inc.; and'FirstEnergy'Service'Company (FESC).
Competition
The'Companies'traditionally'competed'with'other'utilities'for intersystem bulk
power sales and for sales to'municipalities'and cooperatives. The Companies
compete with suppliers of natural gas and other forms of energy in connection'
with their'industrial and commercial'sales and in the home climate control market,
both with respect to new customers and conversions, and with all other'suppliers'
of'electricity.'To'date,'there'has'been'no'substantial cogeneration by the Companies
customers.
Company Address: 76 South Main Street Akron 44308 OH
Company Phone Number: 736-3402 Stock Exchange / Ticker: NYSE FE
| FE is expected to report next financial results on July 25, 2023. |
Next quarterly dividend pay out on September 01, 2023. |
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|
|
Customers Net Income grew by |
FE's Customers Net Profit Margin grew to |
38.01 % |
18.13 %
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| Stock Performances by Major Competitors |
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Energy Co Of Minas Gerais
the Electric Utilities company reached break-even on moderate Revenue advance of 2.428 % to $6.55 billion in the fourth quarter of 2022 financial report from the corresponding financial reporting period a year prior.
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Oceantech Acquisitions I Corp
Oceantech Acquisitions I Corp, a company operating in the Utilities sector, has announced its financial results for the first quarter of 2023. The company has achieved a return on average invested assets (ROI) of 8.16%, which is significantly above the company's average return on investment of -2.67%. This is positive news for the company, especially given that the net income has deteriorated.
When compared to the third quarter of 2021, Oceantech Acquisitions I Corp has improved its ROI. However, within the Utilities sector, there were 12 other companies that had a higher return on investment. The company's total ranking for return on investment has also deteriorated when compared to the third quarter of 2021, dropping to 773.
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Altus Power Inc
As a finance journalist, it is my job to closely analyze and interpret the financial results of companies to provide an unbiased view of their performance. In this article, I will be discussing the financial results for Altus Power Inc, a company focused on renewable energy projects in the United States.
During the 12 month period ending in the first quarter of 2023, Altus Power Inc recorded a cumulative net loss of $-4 million. This is concerning as it indicates that the company's expenses outweigh its revenues. However, it is important to note that the energy industry is highly competitive, and such losses are not uncommon.
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Cleco Corporate Holdings Llc
For the January to March 31 2023 interval Cleco Corporate Holdings Llc reached 0 of $0.00 per share compare to $0.00 a year prior and from $0.00 per share from the prior reporting season. The revenue receded in double digits by -15.358 % to $320.58 million from $378.75 million in the corresponding reporting season a year prior and sequentially revenue fell by -28.63 % from $449.18 million.
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Ormat Technologies Inc
Ormat Technologies Inc, an American renewable energy company, has reported an increase in revenue during the first quarter of 2023. The company's revenue increased by 0.83% year on year to a cumulative value of $736 million. Furthermore, Ormat Technologies Inc's revenue per employee grew on a trailing twelve-month basis to $525,486.
The company's productivity was also noteworthy, with employees achieving a 2.3309607617153E-7% increase above the company average. Ormat Technologies Inc has 1,400 employees, and while they have achieved higher revenue per employee than many of their peers in the Utilities sector, 73 other companies have achieved even higher figures.
|
| Per Share |
Current |
| Earnings (TTM) |
0.75 $ |
| Revenues (TTM) |
22.17 $
|
| Cash Flow (TTM) |
- |
| Cash |
0.31 $
|
| Book Value |
18.73 $
|
| Dividend (TTM) |
1.56 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
0.75 $
|
| Revenues (TTM) |
22.17 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.31 $
|
| Book Value |
18.73 $ |
| Dividend (TTM) |
1.56 $ |
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| Regulated Serv. |
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Segment |
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 |
of total Revenue |
| Competitive Serv. |
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Segment |
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of total Revenue |
| Other |
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Segment |
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of total Revenue |
| |
| Firstenergy's Operating Statistics
|
Decrease / Increase
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| Residential Electric Deliveries (thousands MWh) |
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 |
| Commercial Electric Deliveries (thousands MWh) |
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| Industrial Electric Deliveries (thousands MWh) |
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 |
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| Other Electric Deliveries (thousands MWh) |
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| Total Electric Deliveries (thousands MWh) |
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3.24%