we are a forward-thinking electric utility powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger. firstenergy is dedicated to safety, reliability and operational excellence. headquartered in akron, ohio, firstenergy’s 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in ohio, pennsylvania, new jersey, west virginia, maryland and new york. the company's transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the midwest and mid-atlantic regions. join the firstenergy careers facebook community at www.facebook.com/firstenergycareers, where we share career tips, job postings, photos from career fairs and community events, and more.
Company profile
Ticker
FE
Exchange
Website
CEO
Charles Jones
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
FirstEnergy Service Company • FirstEnergy Transmission, LLC • FirstEnergy Ventures Corp. • Jersey Central Power & Light Company • Metropolitan Edison Company • Monongahela Power Company • Ohio Edison Company • Pennsylvania Electric Company • The Cleveland Electric Illuminating Company • The Potomac Edison Company ...
IRS number
341843785
FE stock data
Latest filings (excl ownership)
8-K
FirstEnergy Appoints Two Senior Executives to Accelerate
21 Nov 23
10-Q
2023 Q3
Quarterly report
26 Oct 23
8-K
FirstEnergy Announces Third Quarter 2023 Financial Results
26 Oct 23
10-Q
2023 Q2
Quarterly report
1 Aug 23
8-K
FirstEnergy Announces Second Quarter 2023 Financial Results
1 Aug 23
8-K
FirstEnergy Holds 2023 Annual Meeting
24 May 23
8-K
Entry into a Material Definitive Agreement
4 May 23
PX14A6N
Letter to shareholders
3 May 23
DEFA14A
Additional proxy soliciting materials
3 May 23
8-K
Other Events
1 May 23
Transcripts
FE
Earnings call transcript
2023 Q3
27 Oct 23
FE
Earnings call transcript
2023 Q2
2 Aug 23
FE
Earnings call transcript
2023 Q1
28 Apr 23
FE
Earnings call transcript
2022 Q4
14 Feb 23
FE
Earnings call transcript
2022 Q3
26 Oct 22
FE
Earnings call transcript
2022 Q2
27 Jul 22
FE
Earnings call transcript
2022 Q1
22 Apr 22
FE
Earnings call transcript
2021 Q4
11 Feb 22
FE
Earnings call transcript
2021 Q3
29 Oct 21
FE
Earnings call transcript
2021 Q2
23 Jul 21
Latest ownership filings
4
Christine Walker
29 Nov 23
144
Notice of proposed sale of securities
27 Nov 23
SC 13G
Capital World Investors
13 Nov 23
4
Melvin D. Williams
4 Oct 23
4
Leslie M Turner
4 Oct 23
4
Andrew Teno
4 Oct 23
4
JOHN W SOMERHALDER II
4 Oct 23
4
JAMES F ONEIL
4 Oct 23
4
PAUL J KALETA
4 Oct 23
4
Lisa Winston Hicks
4 Oct 23
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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| Revenue | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 144.00 mm | 144.00 mm | 144.00 mm | 144.00 mm | 144.00 mm | 144.00 mm |
| Cash burn (monthly) | 23.33 mm | 11.08 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 50.07 mm | 23.78 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 93.93 mm | 120.22 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 4.0 | 10.8 | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 Nov 23 | Christine Walker | Common Stock | Sell | Dispose S | No | No | 37.5825 | 12,500 | 469.78 k | 36,959.28 |
| 2 Oct 23 | Jana T Croom | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 33.21 | 1,204 | 39.98 k | 3,268.711 |
| 2 Oct 23 | Demetriou Steven J. | Common Stock | Grant | Acquire A | No | No | 33.21 | 1,204 | 39.98 k | 7,366 |
| 2 Oct 23 | Lisa Winston Hicks | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 33.21 | 1,204 | 39.98 k | 7,169.902 |
| 2 Oct 23 | Kaleta Paul J | Phantom Stock Units Common Stock | Grant | Acquire A | No | No | 33.21 | 1,204 | 39.98 k | 7,169.902 |
News
FirstEnergy Sees Q4 Non-GAAP Earnings Of $0.55-$0.65 Vs $0.62 Est.; Narrows FY23 Operating Non-GAAP Earnings Guidance Range From $2.44-$2.64 To $2.49-$2.59 Vs $2.54 Est.
26 Oct 23
FirstEnergy Q3 EPS $0.88 Beats $0.86 Estimate, Sales $3.50B Miss $3.55B Estimate
26 Oct 23
Earnings Scheduled For October 26, 2023
26 Oct 23
Preview: FirstEnergy's Earnings
25 Oct 23
Morgan Stanley Maintains Overweight on FirstEnergy, Lowers Price Target to $42
25 Oct 23
Press releases
Tips to Avoid Utility Scams During the Winter Holiday Season
30 Nov 23
Fairmont Community Teams Up to Collect Plastic Waste and Promote Sustainability
28 Nov 23
FirstEnergy Appoints Two Senior Executives to Accelerate Transformation into Premier Electric Utility
21 Nov 23
Tips for a Safe and Festive Halloween Season
11 Oct 23
Western Pennsylvania Electric Grid Stronger and More Resilient Following Smart Enhancements
9 Oct 23