FirstEnergy Corp (FE) has been making significant strides towards ensuring stable and reliable energy supply in the numerous states it serves. Recent developments include the submission of a power support plan in West Virginia by Mon Power and Potomac Edison, substantial upgrades to the Morgan County substation, and the unveiling of an ambitious 1,200-Megawatt Power Plant expansion plan.
FE's stocks have also been performing well, meeting analysts' target prices and potentially offering double-digit annual returns. Their recent financial results, Q2 2025 and Q4 2024, indicate strong core earnings growth, while their stock valuation rose by 14% over three months. Recognizing their role in the wider community, FirstEnergy Foundation has made significant strides towards hunger-relief, with substantial grants aimed at delivering millions of meals across Ohio, West Virginia, Maryland, Pennsylvania, and Virginia. Changes to the executive board have also been noted with the appointment of Brian X. Tierney as Chair, and the company received recognition for the outstanding ethics, compliance programs, and leadership. The company's recent $2.15 billion convertible notes offering and its decision to continue to offer a $0.445 dividend are a testament to its promising financial positions.
Firstenergy Corp FE News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Fri, 03 Oct 2025 18:20:23 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -3
