FirstEnergy Corp. (FE)

Over the past six months, FirstEnergy Corp.'s stock price has experienced some fluctuations. From June 17, 2024, to June 13, 2025, the share price increased by 5.49%. As of June 24, 2025, the stock had risen by 1.49% over the last six months, though it saw a 3.38% fall in the previous month. Key events impacting the stock price include Q4 2024 earnings miss, which led to a 5.41% drop in the stock price in premarket trading. Q1 2025 financial results showed increased core earnings in the Distribution and Integrated segments. FirstEnergy affirmed its 2025 Core Earnings guidance and its 6-8% targeted compound Core Earnings growth rate through 2029, supported by its five-year, $28 billion capital investment plan, Energize365.

Demand for FirstEnergy's electricity exhibits seasonality driven by weather patterns. Higher electric use is expected in colder months due to heating demands, and FirstEnergy undertakes inspections and maintenance to support system reliability during winter. Increased customer electricity usage is anticipated during summer heat waves due to cooling demands, and FirstEnergy prepares its system for these periods through equipment inspections and operational procedures. Customers are provided with tips to manage their electricity bills during both cold and hot seasons.

FirstEnergy Corp. is an electric utility headquartered in Akron, Ohio, operating in the electric utilities industry. Established in 1997, FirstEnergy functions as a holding company focused on the generation, transmission, and distribution of electricity. The company delivers power to over 6 million customers through its distribution network. It operates a high-voltage transmission network of approximately 24,000 miles, ensuring reliable power supply and grid stability. While FirstEnergy has reduced its generation assets, it continues to operate some facilities or procure power through contracts, including nuclear, coal-fired, solar, hydroelectric, oil, natural gas, and wind facilities. The company also offers energy management and other energy-related services, such as rebates, incentives, and educational resources.

FirstEnergy's service territory spans multiple states in the Mid-Atlantic and Midwest regions of the United States. The company serves over 6 million customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. Its extensive transmission network connects these regions, stretching from the Ohio-Indiana border to the New Jersey shore.

FirstEnergy is dedicated to integrity, safety, reliability, and operational excellence. The company's reputation has been positively impacted by its operational performance and commitment to customer service. FirstEnergy was recognized with the Emergency Recovery Award and Emergency Assistance Award from the Edison Electric Institute for restoring power after large-scale outage events. Customer satisfaction scores have improved, with 85% of customers reporting satisfaction in 2024, and over 95% of complaints resolved within 24 hours. Ongoing investments in grid modernization and sustainability initiatives also contribute to a positive perception.

FirstEnergy Corp. is a publicly traded company with ownership distributed among shareholders, including institutional investors, individual investors, and company insiders. Institutional shareholders hold a significant majority, accounting for 84.14% of the stock. Major institutional owners include Capital World Investors, Vanguard Group Inc, and BlackRock, Inc. Individual investors own a smaller percentage of the company's shares, and company insiders hold a small percentage.