FirstEnergy Corp has announced a series of important activities throughout the year which includes its financial results for the third and fourth quarters of 2024, along with the first quarter of 2025 displaying strong earnings growth. It maintained a consistent common stock dividend of $0.425 per share. The company's overhead and underground electrical upgrades in northern New Jersey and other parts of the country are underway. The company has named new executives into vice president roles and other leadership positions. The FirstEnergy Foundation has also announced numerous donations to the American Red Cross and other non-profits. Additionally, FirstEnergy has received a $50 million grant from the U.S. Department of Energy for a dedicated smart grid. The company continues proactive inspections using infrared technology and helicopters, and has started work to enhance the electric service reliability in multiple states. Various transmissions projects to be developed jointly with Dominion Energy and American Electric Power have also been announced. FirstEnergy managed increased demand in the wake of natural disasters through effective mobilization of their electric crews in North Carolina and Georgia. The company has settled an agreement with the U.S. Securities and Exchange Commission and was named one of America's greatest workplaces.
Firstenergy Corp FE News Analytics from Wed, 26 Jun 2024 07:00:00 GMT to Sat, 10 May 2025 02:14:56 GMT -
Rating 7
- Innovation 6
- Information 7
- Rumor 5
