FirstEnergy Corp. has released several financial and operational updates. The company declared a common stock dividend of $0.445 per share and webcasted its Q2 and Q4 earnings teleconferences. Various upgrades have been completed to fulfill future energy demands in Western Pennsylvania. The FirstEnergy Foundation granted Asbury Park funding, while the Ohio Electric Companies submitted their sixth electric security plan to further support reliability investments and new customer programs. Management's growth plan has been undervalued, according to Barclays, and FirstEnergy has been lauded as one of the best electric utility stocks. Significant appointments have been made, including Brian X. Tierney as Chair of the Board and several VP roles filled. FirstEnergy has leverage advanced LiDAR Technology for vegetation management and invested in grid upgrades and power upgrades. The use of helicopters and infrared technology has allowed proactive inspections. After a severe storm, operations ran round the clock to restore power. FirstEnergy has executed a significant deal of $1.8 billion convertible notes to refinance 2026 debt and has announced robust Q2 2025 earnings. The company presented its complete Q2 2025 financial results and saw its quarterly dividend leap by 11%.
Firstenergy Corp FE News Analytics from Wed, 23 Oct 2024 07:00:00 GMT to Fri, 29 Aug 2025 07:00:00 GMT -
Rating 7
- Innovation 5
- Rumor 3
