Company Overview
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.
Company Information
- CEO
- Brian X. Tierney
- Sector
- Utilities
- Industry
- Regulated Electric
- Employees
- 12294
Contact Information
- Address
- 76 South Main Street
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Utilities leader with 25.07B market capitalization
- Trading Volume: 3.34M shares traded today
- Price Range: 52-week range of $37.58 - $44.97
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for FirstEnergy Corp.
FirstEnergy Corp. (FE) operates in the Regulated Electric industry within the Utilities sector. With a current market capitalization of 25.07B, the company represents a significant player in its market. The stock is currently trading at $43.42 with a positivedaily change of 1.38%.
The company's 12294 employee base and presence on the New York Stock Exchangeexchange position it as a Utilities sector leader. Investors should consider the stock's P/E ratio of 19.13, beta of 0.46, and 52-week price range from $37.58 to $44.97when evaluating investment opportunities.
Why Invest in FirstEnergy Corp.?
Strengths
- • Established market presence in Utilities
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Brian X. Tierney
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Utilities Sector
The Utilities sector includes companies that provide essential services like electricity, gas, water, and waste management to consumers and businesses.