FirstEnergy Corp continues to demonstrate financial stability and growth with the declaration of a common stock
dividend of 44.5 cents per share. Anticipated second and third-quarter financial results have been announced along with plans to webcast earnings teleconferences. The company announced the offering of $950 million of convertible
Senior Notes Due 2029 and $850 million of convertible Senior Notes Due 2031. Key personnel have been appointed to vitals roles, including Brooke Trammell as Vice President of Transmission Strategy & Engagement and Karen Kinslow as Vice President of Pennsylvania Operations. The company has also been recognized for outstanding ethics, compliance practices, and leadership by
Ethisphere. Major efforts have been engaged to support customer needs, including programs to manage electric bills and support to meet future energy demands. Work is underway to enhance the electric grid, utilizing advanced
LiDAR technology for vegetation management across the company's footprint. FirstEnergy Corp has been recommended by Barclays and Jim Cramer has identified it as a stock to buy. The robust financial outlook has led to an
upgrade from Barclays and Morgan Stanley has adjusted its price target on the company.
Firstenergy Corp FE News Analytics from Tue, 29 Oct 2024 07:00:00 GMT to Fri, 26 Sep 2025 13:18:49 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor -4
