FE
NYSE
Utilities
$48.47
USD
+$0.46 (+0.96%)
Last close
Market Cap:
$27.98B
Volume:
5.1M
Previous Close
$48.01
Day Range
$48.00 - $48.49
52 Week Range
$39.34 - $52.34
Average Volume (10 Days)
4.5M
P/E Ratio
27.43
Dividend Yield
3.67%
FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity, energy management and other energy-related services through its subsidiaries. The company is headquartered in Akron, Ohio and currently employs 11,186 full-time employees. The Distribution Segment, which consists of the Ohio Companies and FirstEnergy Pennsylvania Electric Company (FE PA), distributes electricity in Ohio and Pennsylvania. The Integrated segment includes the distribution and transmission operations under Jersey Central Power & Light Company (JCP&L), Monongahela Power Company (MP) and The Potomac Edison Company (PE), as well as MP's regulated generation operations. The segment distributes electricity in New Jersey, West Virginia and Maryland, provides transmission infrastructure, and operates over 3,610 megawatts of regulated generation capacity. The Stand-Alone Transmission segment consists of its ownership in FET and KATCo, which includes transmission infrastructure owned and operated by the Transmission Companies and used to transmit electricity.
CEO
Mr. Brian Tierney
Headquaters
Akron, OHIO, US
Founded
1946
Employees
11,186
A jury failed to reach a verdict in the corruption trial of two former FirstEnergy executives charged with paying $4.3 million to bribe a future Ohio utility regulator. After nine days of deliberations and a six-week trial, the impasse leaves the case unresolved as prosecutors announce plans to retry the defendants.
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