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FirstEnergy(FE) - 2024 Q3 - Quarterly Report
2024-10-29 20:28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |-------------------------------------|----------------------------------------------------------------------------------------------------------------------------|- ...
FirstEnergy(FE) - 2024 Q3 - Quarterly Results
2024-10-29 20:25
ocused on Our Future 3Q 2024 Strategic & Financial Highlights Published October 29, 2024 Forward-Looking Statements Forward-Looking Statements: This presentation includes forward-koking statements besed on information currently exalible to management. Such subten inish and uncertainles reliance on theee forward-looking statements include declarations negarding managements intents, belefs and current expectations. Thees statements typloally contain, but ar "flarged," "Mill, "fintend," "project," "setimale," ...
FirstEnergy's Ohio Electric Companies File to Withdraw Electric Security Plan
Prnewswire· 2024-10-29 20:20
If approved by PUCO, companies would revert to a previous rate plan AKRON, Ohio, Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) Ohio electric companies – Ohio Edison, The Illuminating Company, and Toledo Edison – have filed a notice with the Public Utilities Commission of Ohio (PUCO) to withdraw their current Electric Security Plan (ESP) 5, which took effect on June 1. If approved by the PUCO, the companies would revert to their prior ESP4, which was in effect through May 31, 2024. Under the ESP ...
FirstEnergy Announces Third Quarter 2024 Financial Results
Prnewswire· 2024-10-29 20:20
Reports third quarter 2024 GAAP earnings from continuing operations of $0.73 per share and operating (non-GAAP) earnings of $0.85 per share, within guidance range Narrows full-year 2024 operating (non-GAAP) earnings guidance to $2.61 to $2.71 per share Increases 2024 capital investment plan from $4.3 billion to $4.6 billion, an increase of approximately 7%, and 24% higher than 2023 Affirms targeted 6-8% long-term annual operating earnings growth AKRON, Ohio, Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. ( ...
FirstEnergy Names Karen McClendon Senior Vice President and Chief Human Resources Officer
Prnewswire· 2024-10-29 19:00
AKRON, Ohio, Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that Karen McClendon has been named Senior Vice President and Chief Human Resources Officer (CHRO), effective Nov. 11.In this role, McClendon will spearhead efforts to integrate and advance the company's human capital strategy, ensuring alignment with the strategic vision to establish FirstEnergy as a premier electric company. She will oversee key human resources functions, including talent management, benefits and compe ...
FirstEnergy to Release Q3 Earnings: Here's What You Need to Know
ZACKS· 2024-10-24 14:26
FirstEnergy Corporation (FE) is scheduled to release third-quarter 2024 results on Oct. 29, after market close. The company’s earnings were in line with estimates in the last reported quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors That Might Have Impacted FE’s Q3 PerformanceDuring the third quarter, FirstEnergy’s subsidiary FirstEnergy Pennsylvania Electric Company energized ...
New Transformer Installed and Energized in Downtown Bradford Substation
Prnewswire· 2024-10-24 14:15
New Penelec equipment to enhance electric service reliability for more than 1,000 customersERIE, Pa., Oct. 24, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) subsidiary doing business as Penelec in northwestern Pennsylvania, recently energized a new transformer at a substation in Bradford to enhance electric service reliability for more than 1,000 customers in Bradford and Bradford Township, including the University of Pittsburgh's Bradford campus.The ...
New Remote-Controlled Equipment to Prevent or Shorten Power Disruptions in Western Pennsylvania
Prnewswire· 2024-10-23 15:31
Nearly 4,900 West Penn Power Customers Will Benefit from the UpgradesGREENSBURG, Pa., Oct. 23, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as West Penn Power in western Pennsylvania, is upgrading its power system in Allegheny County to help prevent lengthy service interruptions, particularly during severe weather. The work includes installation of remote-controlled devices along neighborhood power lines serving nearly 4, ...
Work Completed to Meet Future Energy Demands of Monroe County
Prnewswire· 2024-10-22 13:44
FirstEnergy line rebuild to benefit 1,300 customers and meet increased power demand READING, Pa., Oct. 22, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as Met-Ed in northeastern Pennsylvania, recently upgraded its distribution system in southeast Monroe County to help prevent service disruptions and accommodate ongoing residential and commercial growth. The work included rebuilding part of an existing power line with larg ...
New Transmission Service Center in Mahoning County Centralizes Resources and Speeds Up Response to Service Disruptions
Prnewswire· 2024-10-21 16:59
The 20,000-square-foot facility is located within Ohio Edison's service area AKRON, Ohio, Oct. 21, 2024 /PRNewswire/ -- American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (NYSE: FE), recently completed construction on a new operations service center in North Jackson, Mahoning County, to help streamline operations and maximize efficiencies along the local highvoltage power system. American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (NYSE: FE), recently com ...