Revenue segments as reported by the company.

Distribution services and retail generation

Transmission

Other

Revenue Segments

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

Operating Margin

Profit Margin

Margins

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

Fuel

Purchased power

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Amortization (deferral) of regulatory assets, net

General taxes

DPA penalty

Gain on sale of Yards Creek

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

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Earnings per share

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Net PPE

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Stockholders equity

Minority interest

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Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

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Cash from financing

Change in stock

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Vistra Energy

While most investors overweight Tech, SPACs and Crypto, we are going after good old utilities. Utilities get very little attention despite having historically outperformed most other investments.

2 New Buy Alerts With 4% Yield And Upside

AKRON, Ohio, May 20, 2021 /PRNewswire/ -- For the third consecutive year, FirstEnergy Corp. (NYSE: FE) has been recognized by DiversityInc as one of the top utilities in the nation for its workforce diversity and inclusion initiatives. The company was also included on DiversityInc's Environmental, Social and Governance (ESG) and Philanthropy lists for the first time.

FirstEnergy Named to DiversityInc 2021 Top Utilities, ESG and Philanthropy Lists

AKRON, Ohio, May 18, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) President and Chief Executive Officer Steven E. Strah told shareholders today that the company is embarking on a transformation designed to deliver exceptional value to customers and shareholders, while it continues to implement its successful long-term growth strategies.

FirstEnergy Executives Address Shareholders

MORRISTOWN, N.J., May 17, 2021 /PRNewswire/ -- Residential and business 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 to Avoid Unmanageable Balances

AKRON, Ohio, May 17, 2021 /PRNewswire/ -- A transmission affiliate of FirstEnergy Corp. (NYSE: FE) has completed rebuilding a 69-kilovolt transmission line to help enhance electric service reliability for Ohio Edison customers in and around Morrow County. The 12.8-mile line upgrade includes the installation of new poles between two substations as well as updating equipment to help increase capacity and reduce the number of equipment-related outages.

FirstEnergy Transmission Line Rebuild Helps Enhance Reliability for Ohio Edison Customers

READING, Pa., May 13, 2021 /PRNewswire/ -- Metropolitan Edison (Met-Ed), a subsidiary of FirstEnergy Corp. (NYSE: FE), is using a helicopter equipped with an aerial saw to trim trees and maintain electrical clearances along four difficult-to-access transmission line corridors crossing York and Adams Counties.

Aerial Saw Trimming Trees Along Transmission Lines in Met-Ed Service Territory

AKRON, Ohio, May 13, 2021 /PRNewswire/ -- Customers of FirstEnergy's (NYSE: FE) utilities can now get updates on their electric bill through Amazon's® Alexa® and Alexa-compatible devices including Echo® and Fire TV®. This new functionality can help customers retrieve important details about their electric account and their electric bill, delivering answers within seconds of being prompted.

Alexa® Functionality Now Available for FirstEnergy Utility Customers

FirstEnergy Corp, the U.S. utility that gave activist investor Carl Icahn seats on its board this year, is exploring divestitures as an alternative to raising cash by selling stock, according to four people familiar with the matter.

Fresh from Icahn settlement, FirstEnergy weighs divestitures - sources

FirstEnergy's (FE) arm gets an approval for its two battery energy storage projects as part of the state of Maryland's Energy Storage Pilot Program. These will provide backup power during peak demand.

FirstEnergy (FE) Gets Nod for Two Battery Storage Projects

CRA International

BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE: FE) Pennsylvania utilities — Metropolitan Edison Company (“Met-Ed”), Pennsylvania Electric Company (“Penelec”), Pennsylvania Power Company (“Penn Power”) and West Penn Power Company (“West Penn Power”) — to procure full requirements Default Supply generati

FirstEnergy's Pennsylvania Default Service Program DSP-V Auction: Information Session for Prospective Bidders on Wednesday, May 12, 2021

WILLIAMSPORT, Md., May 11, 2021 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has received approval from the Maryland Public Service Commission for two battery energy storage projects in Allegany and Frederick counties, the latter of which will be paired with a new electric vehicle (EV) fast-charging station.

Potomac Edison Receives Approval for Two Battery Energy Storage Projects

TOLEDO, Ohio, May 11, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) continues investing in upgrades to its Toledo Edison electric system to support a $700 million expansion at North Star BlueScope Steel and to meet the projected energy needs of other industrial facilities in the area. FirstEnergy recently invested nearly $2.5 million to upgrade equipment at the substation that delivers electricity to North Star BlueScope Steel in Delta.

FirstEnergy Power Upgrades Will Support Manufacturing and Boost Economic Growth in Fulton County, Ohio

ERIE, Pa., May 10, 2021 /PRNewswire/ -- Penelec, a FirstEnergy Corp. (NYSE: FE) utility, plans to inject aging underground distribution lines serving an Erie condominium complex with a silicone-based fluid that should prolong its useful life by up to 40 additional years. This technologically advanced repair method allows the cable to provide continued reliable electric service for a fraction of the replacement cost and eliminates the need to dig trenches through landscaped yards and driveways to bury new lines.

Penelec to Rejuvenate Underground Cable to Help Enhance Service Reliability

GREENSBURG, Pa., May 5, 2021 /PRNewswire/ -- West Penn Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), is completing transmission line upgrades to help enhance electric service reliability for customers in Allegheny, Armstrong, and Westmoreland Counties.

Transmission Line Upgrades to Help Enhance Reliability for West Penn Power Customers

ACI Worldwide

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Xerox

Poorly managed companies may not be on everyone's radar, but they're top picks for activist investors looking to boost shareholder value.

13 Stocks Activist Investors Are Buying

AKRON, Ohio, May 3, 2021 /PRNewswire/ -- Ohio Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is completing modernization work in Summit and Portage counties to help prevent power outages and provide more flexibility in restoring power faster. The work includes installation of new, automated equipment and technology in substations and along power lines serving more than 30,000 customers in parts of Macedonia, Twinsburg, Northfield, Streetsboro and nearby areas.

Ohio Edison Upgrades Power System in Summit and Portage Counties

MORRISTOWN, N.J., April 27, 2021 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has been recognized with the Environmental Leadership Award for Recycling/Pollution Prevention Programs by The Commerce & Industry Association of New Jersey (CIANJ) and COMMERCE Magazine.

JCP&L Honored with Environmental Leadership Award by CIANJ and COMMERCE Magazine

FirstEnergy Corporation (FE) CEO Steve Strah on Q1 2021 Results - Earnings Call Transcript

FirstEnergy's (FE) Q1 results reflect better year-over-year earnings as well as revenues on the back of higher residential demand.

FirstEnergy's (FE) Q1 Earnings Beat, Revenues Lag Estimates

FirstEnergy (FE) delivered earnings and revenue surprises of 1.47% and -5.82%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

FirstEnergy (FE) Q1 Earnings Beat Estimates

Shares of FirstEnergy (NYSE:FE) fell in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 4.55% year over year to $0.69, which beat the estimate of $0.67.

FirstEnergy: Q1 Earnings Insights

AKRON, Ohio, April 22, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported first quarter 2021 GAAP earnings of $335 million, or $0.62 per basic and diluted share of common stock, on revenue of $2.7 billion . In the first quarter of 2020, the company reported GAAP earnings of $74 million, or $0.14 cents per basic and diluted share of common stock, on revenue of $2.7 billion.

FirstEnergy Announces First Quarter 2021 Financial Results

FirstEnergy (FE) has moved higher as of late, but there could definitely be trouble on the horizon for this company

FirstEnergy (FE) is in Overbought Territory: What's Next?

AKRON, Ohio, April 19, 2021 /PRNewswire/ -- FirstEnergy (NYSE:FE) is set to plant thousands of trees throughout its service territory from April 22 through April 30 to celebrate Earth Day and Arbor Day. The initiative is an important part of the company's efforts to reduce FirstEnergy's carbon footprint, promote responsible use of natural resources and further the advancement of sustainable practices.

FirstEnergy to Plant Trees Marking Earth Day, Arbor Day Celebrations

Better residential demand along with efforts to lower operating costs is likely to aid FirstEnergy's (FE) first-quarter results.

News for FirstEnergy Stock (FE)