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Here's Why FirstEnergy (FE) is a Strong Momentum Stock
Zacks Investment Research· 2024-03-18 14:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Z ...
Electric Grid Upgrades Underway in Lorain County
Prnewswire· 2024-03-14 18:12
Work will help prevent or minimize outages for more than 3,600 FirstEnergy customers AKRON, Ohio, March 14, 2024 /PRNewswire/ -- American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (NYSE: FE), is replacing more than 900 insulator assemblies along two high-voltage power lines in Lorain County in Northeast Ohio. The project will strengthen the regional transmission system and help prevent or minimize the impact of power outages for more than 3,600 customers of Ohio Edison, a FirstEne ...
Why FirstEnergy (FE) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-02-28 15:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed alongsid ...
JCP&L President Jim Fakult Receives Awards from Morris Habitat for Humanity and ROI-NJ
Prnewswire· 2024-02-23 14:00
HOLMDEL, N.J., Feb. 23, 2024 /PRNewswire/ -- Jim Fakult, President of FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power and Light (JCP&L), has been named the recipient of Morris Habitat for Humanity's Community Partner Award for 2024. The award was presented at the organization's Hearts & Hammers Gala on Feb. 22 in Mountain Lakes. The award highlights Fakult's role in JCP&L's commitment to diverse, equitable and inclusive communities where everyone feels safe, valued and respected, as well as his ...
Enhanced Power Line to Benefit Nearly 4,000 JCP&L Customers
Prnewswire· 2024-02-22 19:31
New poles, wires and electrical equipment to be installed in Monmouth County HOLMDEL, N.J., Feb. 22, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has begun upgrading 3.5 miles of a high-voltage power line in Monmouth County to help prevent or minimize the impact of service disruptions for 3,950 customers. The work is part of a series of projects to improve the reliability of the transmission system benefiting more than 150,000 customers in the regi ...
Mon Power and Potomac Edison Reach Settlement to Adjust Energy Metering Credits
Prnewswire· 2024-02-16 21:28
FAIRMONT, W.V., Feb. 16, 2024 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have filed a settlement agreement with the Public Service Commission (PSC) of West Virginia to resolve the outstanding net energy metering portion of its base rate review. The agreement helps ensure that new net energy metering customers – those who offset their power needs with wind, rooftop solar or other forms of on-site energy – pay a portion of the fixed costs related to the distrib ...
Compared to Estimates, FirstEnergy (FE) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-13 22:31
FirstEnergy (FE) reported $3.15 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 1%. EPS of $0.62 for the same period compares to $0.50 a year ago.The reported revenue represents a surprise of -4.24% over the Zacks Consensus Estimate of $3.29 billion. With the consensus EPS estimate being $0.60, the EPS surprise was +3.33%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...
Western Maryland Electric Grid Stronger and More Resilient Following Smart Enhancements
Prnewswire· 2024-02-13 17:03
Potomac Edison work will help prevent or minimize outages for thousands of customers WILLIAMSPORT, Md., Feb. 13, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Potomac Edison has completed service reliability projects that will enhance electric service and minimize the impact of power outages for nearly 5,000 customers in Allegany, Frederick and Garrett counties. Don McGettigan, Acting President of FirstEnergy's Maryland Operations: "Continually investing in upgrades to our system helps us res ...
FirstEnergy(FE) - 2023 Q4 - Annual Report
2024-02-12 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the FISCAL YEAR ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Commission Registrant; State of Incorporation; I.R.S. Employer File Number Address; and Telephone Number Identification ...
Meeting the Challenge to Ready Minority Candidates for Utility Careers
Prnewswire· 2024-02-09 17:30
FirstEnergy grant will help train Pennsylvania's next generation of diverse utility workers  GREENSBURG, Pa., Feb. 9, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has awarded an $85,000 grant to the Energy Innovation Center Institute (EICI) to assist with its efforts to recruit, train and prepare diverse candidates from economically distressed Pennsylvania communities for apprenticeships and similar programs offered by electric, natural gas, communication and water utilities throughout the state. First ...