FE Stock Recent News

Deploys final $1.2 billion in proceeds to further strengthen balance sheet, supporting sustainable, long-term growth through industry-leading Energize365 grid investment program AKRON, Ohio , July 17, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that it received the remaining $1.2 billion in proceeds from the $3.5 billion sale of a 30% ownership interest in its FirstEnergy Transmission, LLC (FET) subsidiary to Brookfield Super-Core Infrastructure Partners (Brookfield). FirstEnergy received the initial proceeds of $2.3 billion from Brookfield when the transaction closed in March.

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of FirstEnergy (FE) and NextEra Energy (NEE). But which of these two stocks presents investors with the better value opportunity right now?

AKRON, Ohio , July 11, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) received an Emergency Recovery Award from the Edison Electric Institute (EEI) in recognition of its outstanding response in restoring power to hundreds of thousands of customers in portions of its Ohio, Pennsylvania, West Virginia, Maryland and New Jersey service areas following Winter Storms Finn and Gerri, which produced high winds, rain, ice and snow in January 2024. This is the 19th consecutive year FirstEnergy has been recognized by EEI for its storm response efforts.

FirstEnergy (FE) makes a strong case for investment, given its earnings growth prospects, strategic investments, and strong ROE.

$78 million flood mitigation project will enhance service reliability for 23,000 customers MORRISTOWN, N.J. , July 2, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power & Light (JCP&L) is upgrading a transmission substation in Morristown to help prevent or minimize the impact of power outages caused by flooding, particularly during hurricane season.

Exercise familiarizes FirstEnergy employees with storm roles and processes ERIE, Pa. , July 2, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business in northern and central Pennsylvania as Penelec, recently completed an emergency preparation drill focused on testing its storm restoration process in the event severe weather causes outages throughout its vast and heavily forested service area.

AKRON, Ohio, July 1, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the second quarter and first half of 2024 after markets close on Tuesday, July 30. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 10 a.m.

Companies offer tips for customers to manage rising temperatures and energy costs FAIRMONT, W.Va. , June 26, 2024 /PRNewswire/ -- In anticipation of increased electric use along with the potential for seasonal storms, FirstEnergy Corp. (NYSE: FE) subsidiaries Mon Power and Potomac Edison are completing equipment inspections, preventive maintenance and tree-trimming work across their West Virginia service territories to help reduce potential outages and improve reliability for customers this summer.

Company offers tips for customers to manage rising temperatures  and energy costs WILLIAMSPORT, Md. , June 26, 2024 /PRNewswire/ -- In anticipation of increased electric use along with the potential for seasonal storms, FirstEnergy Corp. (NYSE: FE) subsidiary Potomac Edison is completing equipment inspections, preventive maintenance and tree-trimming work across its Maryland service territory to help reduce potential outages and improve reliability for customers this summer.

FirstEnergy's efforts to promote diversity and mental wellbeing highlighted AKRON, Ohio , June 26, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has been named to three America's Greatest Workplaces lists by Newsweek and data research firm Plant-A Insights, including America's Greatest Workplaces for Diversity 2024, the inaugural America's Greatest Workplaces for Mental Wellbeing 2024 and their flagship America's Greatest Workplaces 2024. Christine L.