FirstEnergy(FE)
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FirstEnergy: Making Good Progress While Putting Bribery Scandal Behind It (NYSE:FE)
Seeking Alpha· 2025-12-13 08:34
Core Insights - The article emphasizes the importance of a well-diversified investment portfolio, recommending a foundation based on a high-quality low-cost S&P 500 fund [1] - It suggests an overweight position in the technology sector for investors who can handle short-term risks, as it is believed to be in the early stages of a long-term bull market [1] - For dividend income, the article advises considering large oil and gas companies that offer strong dividend income and growth, reflecting the author's background in the industry [1] Investment Strategy - A top-down capital allocation approach is recommended, tailored to individual investor situations such as age, risk tolerance, income, and goals [1] - Suggested investment categories include S&P 500, technology, dividend income, sector ETFs, growth, speculative growth, gold, and cash [1]
FE or AEP: Which Is the Better Value Stock Right Now?
ZACKS· 2025-12-11 17:41
Core Viewpoint - The article compares FirstEnergy (FE) and American Electric Power (AEP) to determine which stock is more attractive to value investors [1] Group 1: Zacks Rank and Analyst Outlook - FirstEnergy has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision trend compared to American Electric Power, which has a Zacks Rank of 3 (Hold) [3] - The improving analyst outlook for FE suggests a stronger position for value investors [3] Group 2: Valuation Metrics - FirstEnergy has a forward P/E ratio of 17.48, while American Electric Power has a forward P/E of 19.32, indicating that FE may be undervalued relative to AEP [5] - The PEG ratio for FE is 2.71, compared to AEP's PEG ratio of 2.98, suggesting FE has a better balance of price to expected earnings growth [5] - FirstEnergy's P/B ratio is 1.81, while AEP's P/B ratio is 1.94, further supporting FE's valuation advantage [6] Group 3: Value Grades - Based on the valuation metrics, FirstEnergy earns a Value grade of B, while American Electric Power receives a Value grade of C, indicating that FE is currently the superior value option [6]
Is FirstEnergy Stock Underperforming the S&P 500?
Yahoo Finance· 2025-12-10 08:53
Core Viewpoint - FirstEnergy Corp. is a diversified energy company with a market cap of approximately $25.9 billion, operating primarily in the regulated electricity sector [1][2]. Company Overview - FirstEnergy generates, transmits, and distributes electricity across the United States, owning various power generation facilities including coal-fired, nuclear, hydroelectric, wind, and solar [1][2]. - The company operates through two main segments: Regulated Distribution and Regulated Transmission [1]. Stock Performance - FirstEnergy's stock reached a three-year high of $48.20 on October 23, currently trading 7.1% below that peak [3]. - Over the past three months, FE stock prices have increased by 3.3%, underperforming the S&P 500 Index, which gained 5% during the same period [3]. - Year-to-date, FE stock has gained 12.5%, while over the past 52 weeks, it has increased by 9.7%, compared to the S&P 500's 16.3% and 13% gains respectively [4]. Financial Results - In Q3, FirstEnergy reported a 2.9% year-over-year revenue increase to $464 million, exceeding expectations by 5.8% [5]. - The non-GAAP EPS surged 9.2% year-over-year to $0.83, surpassing consensus estimates by 9.2% [5]. - Despite better-than-expected results, the stock declined by 1.6% following the earnings release but maintained positive momentum in subsequent trading sessions [5]. Competitive Position - FirstEnergy has outperformed its peer, Public Service Enterprise Group Incorporated, which saw a 6.1% drop year-to-date and a 9.8% decline over the past 52 weeks [6]. - Among 16 analysts covering FirstEnergy, the consensus rating is a "Moderate Buy," with a mean price target of $50.33, indicating a 12.4% upside potential from current levels [6].
FirstEnergy increases 2026 capital investment plan
Reuters· 2025-12-09 13:29
Core Viewpoint - FirstEnergy has increased its investment plan to $6 billion for 2026, up from an estimated $5.5 billion for the current year, in response to rising electricity demand [1] Group 1: Investment Plans - The company is ramping up its spending to meet the growing electricity demand [1]
FirstEnergy Transmission, LLC Announces Launch of Exchange Offer For its 4.750% Senior Notes Due 2033
Prnewswire· 2025-12-05 12:34
Core Points - FirstEnergy Transmission, LLC announced an exchange offer for up to $450 million of its outstanding 4.750% Senior Notes due 2033 for an equal amount of registered New Notes [1] - The exchange offer will expire on January 7, 2026, at 5:00 p.m. New York City time, unless extended [2] - The exchange offer is made to fulfill obligations under a registration rights agreement and does not represent a new financing transaction [2] Exchange Offer Details - The terms of the exchange offer are outlined in a prospectus dated December 5, 2025, which is available from the exchange agent, U.S. Bank Trust Company [3] - The exchange offer is being conducted in accordance with the Securities Act of 1933 and has been filed with the Securities and Exchange Commission [3]
Grid Upgrades Aim to Reduce Outages, Speed Power Restoration for Westmoreland County Customers
Prnewswire· 2025-12-01 20:30
Core Insights - FirstEnergy Pennsylvania Electric Company (FE PA) is investing $368 million in infrastructure upgrades to enhance the reliability and resilience of its power grid in Westmoreland County, benefiting nearly 5,000 customers [1][5][6] Investment and Infrastructure Upgrades - The upgrades include the installation of stronger equipment and smart technology, aimed at reducing outages and improving service restoration times [1][4] - Specific improvements involve upgrading two local power lines with larger-diameter wire, which can transport more electricity and withstand severe weather conditions [2][5] - The project is part of FE PA's Long Term Infrastructure Improvement Plan (LTIIP) III, which focuses on enhancing electric system reliability [5][6] Technological Enhancements - New equipment being installed includes over 50 wooden utility poles, 97 crossarms, 10 transformers, 22 fuses, and 38 lightning-protection devices [8] - Remote-controlled switches are being added to improve outage response times and facilitate quicker service restoration [4][8] Community Impact - The upgrades are expected to provide more reliable service to residents and businesses in New Kensington, Arnold, and Lower Burrell, with fewer outages anticipated [1][5] - FirstEnergy's broader investment strategy, Energize365, plans to allocate $28 billion from 2025 to 2029 to modernize the electric grid across its service areas [6]
FirstEnergy Foundation Helps Power the Future with $10,000 Grant to York College
Prnewswire· 2025-12-01 18:48
Core Insights - The FirstEnergy Foundation has awarded a $10,000 grant to York College of Pennsylvania to enhance its Electrical Engineering program, providing students with hands-on experience in advanced power engineering tools and lab simulations [1][2][3] Funding and Impact - The grant aims to strengthen the college's Electrical Engineering program, allowing students to engage with real-world challenges in power generation, transmission, and renewable energy systems [3][4] - This initiative is part of a broader effort to address the growing demand for skilled electrical engineers, with job projections indicating a 7% increase in electrical engineering positions from 2024 to 2034, adding nearly 20,000 new jobs [4] Educational Collaboration - The FirstEnergy Foundation has previously supported York College, including a $15,000 grant for the Summer JumpStart program aimed at underprivileged high school students interested in STEM fields [5] - The collaboration between FirstEnergy and York College includes mentorship from FirstEnergy employees, providing students with insights from the electric utility industry [5] Organizational Background - The FirstEnergy Foundation focuses on supporting nonprofit organizations that meet critical community needs, having distributed over $5.5 million in community support in 2025 [6] - FirstEnergy Corp. operates one of the largest investor-owned electric systems in the U.S., serving over six million customers across multiple states [8]
Need Help with Your Electric Bill? JCP&L Makes it Easy to Apply for the Universal Service Fund
Prnewswire· 2025-12-01 15:13
Core Points - Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp., is hosting a free utility assistance event on December 4, 2025, to support households facing financial challenges [1][5] - The Energy Assistance Outreach Team (EAOT) will assist eligible customers in applying for the Universal Service Fund (USF), which aims to lower monthly electric bills for low- to moderate-income households [2][3] - The USF program provides monthly credits to eligible customers and may offer a one-time account balance elimination through the USF Fresh Start Program [3] Event Details - The assistance event will take place from 10 a.m. to 4 p.m. at the Country Lakes Firehouse in Browns Mills, NJ [5] - EAOT team members will be available to help customers with USF applications and provide information on additional bill assistance programs [5][6] Eligibility Criteria - To qualify for USF, a household must have a gross income at or below 60% of the state median income level and pay more than 2% or 4% of its annual income on electricity, depending on whether it uses electric heat [6] Community Partnerships - Various community partners will be present at the event to provide support and answer questions regarding assistance programs [6][7] Company Overview - JCP&L serves approximately 1.1 million customers across multiple counties in New Jersey [8] - FirstEnergy operates one of the largest investor-owned electric systems in the U.S., with a transmission network of about 24,000 miles [8]
Here's Why You Should Include FirstEnergy Stock in Your Portfolio Now
ZACKS· 2025-11-27 14:56
Core Insights - FirstEnergy Corp. (FE) is positioned as a strong investment opportunity within the Zacks Utility Electric Power industry due to its extensive transmission and distribution operations and ongoing investments aimed at enhancing grid reliability and service efficiency [2] Growth Outlook & Financial Performance - The Zacks Consensus Estimate for FE's 2025 earnings per share (EPS) has increased by 0.4% to $2.54 over the past 30 days [3] - The revenue estimate for FE in 2025 is projected at $14.4 billion, reflecting a growth of 6.9% compared to the reported figure for 2024 [3] - FE's long-term earnings growth rate is estimated at 6.46%, with an average earnings surprise of 5.15% over the last four quarters [3] Return on Equity - FE's return on equity (ROE) stands at 11.15%, surpassing the industry average of 9.64%, indicating more effective utilization of funds compared to peers [4] Investment Strategy - The company has planned $28 billion in capital spending for the period 2025-2029, aimed at modernizing and reinforcing its transmission and distribution infrastructure [6] - Strategic investments are expected to enhance service efficiency for FE's six million customers, contributing to rate base growth in Regulated Distribution [5] Shareholder Returns - FE has been consistently enhancing shareholder value through dividends, with a revised policy targeting a payout ratio of 60-70% [7] - The current quarterly dividend is 44.5 cents per share, leading to an annualized dividend of $1.78 and a dividend yield of 3.76%, which is significantly higher than the Zacks S&P 500 Composite's average of 1.49% [7] Solvency - FE's times interest earned (TIE) ratio at the end of Q3 2025 is 2.6, indicating a strong capacity to meet long-term debt obligations [8][10] Stock Performance - Over the past six months, FE shares have increased by 15%, outperforming the industry's growth of 13.1% [11]
FE vs. AEP: Which Stock Is the Better Value Option?
ZACKS· 2025-11-25 17:41
Core Insights - The article compares FirstEnergy (FE) and American Electric Power (AEP) to determine which stock is undervalued for investors interested in Utility - Electric Power stocks [1] Valuation Metrics - FirstEnergy has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision activity compared to American Electric Power, which has a Zacks Rank of 3 (Hold) [3] - FirstEnergy's forward P/E ratio is 18.64, while American Electric Power's forward P/E is 20.65, suggesting that FE may be undervalued relative to AEP [5] - The PEG ratio for FirstEnergy is 2.89, compared to AEP's PEG ratio of 3.19, indicating that FE has a better valuation when considering expected earnings growth [5] - FirstEnergy's P/B ratio is 1.93, while American Electric Power's P/B ratio is 2.08, further supporting the notion that FE is more attractively valued [6] Overall Assessment - FirstEnergy is noted for its improving earnings outlook, which enhances its attractiveness as a value investment compared to American Electric Power [7] - Based on the discussed valuation metrics, FirstEnergy is considered the superior value option at this time [7]