FE - FirstEnergy Corp.

NYSE - NYSE Delayed Price. Currency in USD
34.29
-0.21 (-0.61%)
At close: 4:04PM EDT

34.29 0.00 (0.00%)
After hours: 4:32PM EDT

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Previous Close34.50
Open34.75
Bid33.05 x 200
Ask35.80 x 200
Day's Range34.18 - 34.77
52 Week Range27.93 - 35.56
Volume8,441,939
Avg. Volume7,260,680
Market Cap16.351B
Beta0.39
PE Ratio (TTM)N/A
EPS (TTM)-3.88
Earnings DateApr 25, 2018 - Apr 30, 2018
Forward Dividend & Yield1.44 (4.22%)
Ex-Dividend Date2018-05-04
1y Target Est36.46
Trade prices are not sourced from all markets
  • The Wall Street Journal2 hours ago

    [$$] Moody's Downgrades Murray Energy Citing Risks From FirstEnergy Bankruptcy

    Moody’s Investors Service downgraded coal mining company Murray Energy’s credit rating further into junk territory citing risks to the company’s liquidity stemming from the recent bankruptcy filing of ...

  • Thomson Reuters StreetEvents3 hours ago

    Edited Transcript of FE earnings conference call or presentation 23-Apr-18 2:00pm GMT

    Q1 2018 FirstEnergy Corp Earnings Call

  • The Wall Street Journal18 hours ago

    [$$] FirstEnergy Strikes Creditor Deal in Subsidiary Bankruptcies

    FirstEnergy Corp. has reached a settlement with creditors of its bankrupt power-generation businesses that would simplify their restructuring while extricating the parent company from the chapter 11 case. The proposed deal with the nonbankrupt parent company requires approval from subsidiary FirstEnergy Solutions, or FES, and its affiliates and from the Ohio chapter 11 judge overseeing their restructuring. If approved, the agreement covers potential claims surrounding FirstEnergy’s obligations toward unprofitable coal and nuclear power plants in Ohio and Pennsylvania that are under bankruptcy protection.

  • Moody'syesterday

    Murray Energy Corporation -- Moody's downgrades Murray Energy's CFR to Caa1, outlook stable

    Moody's Investors Service, ("Moody's") today downgraded the ratings of Murray Energy Corporation ("Murray"), including the Corporate Family Rating (CFR) to Caa1 from B3, Probability ...

  • FirstEnergy (FE) Lags Q1 Earnings Estimates, Reaffirms View
    Zacksyesterday

    FirstEnergy (FE) Lags Q1 Earnings Estimates, Reaffirms View

    FirstEnergy's (FE) first-quarter earnings are lower than estimates by a penny and its top line lags expectations by 8.8%.

  • FirstEnergy (FE) Q1 Earnings Miss by a Cent, Revenues Lag
    Zacksyesterday

    FirstEnergy (FE) Q1 Earnings Miss by a Cent, Revenues Lag

    FirstEnergy's (FE) first quarter earnings and total revenues were lower than expectation.

  • FirstEnergy Announces Agreement in Principle with Creditors in FirstEnergy Solutions' Chapter 11 Proceedings
    PR Newswireyesterday

    FirstEnergy Announces Agreement in Principle with Creditors in FirstEnergy Solutions' Chapter 11 Proceedings

    AKRON, Ohio, April 23, 2018 /PRNewswire/ -- FirstEnergy Corp. (FE) today announced it has reached an agreement in principle with two groups of key creditors in the Chapter 11 proceedings of FirstEnergy Solutions (FES), its related entities and FirstEnergy Nuclear Operating Company (FENOC) on a proposed settlement of all potential claims among FE, FES and the creditor groups. Collectively, the creditors in this agreement represent a majority of the outstanding unsecured and secured debt obligations of FES and its related entities, including the majority of Bruce Mansfield certificate holders. On March 31, 2018, FES, its subsidiaries and FENOC made voluntary Chapter 11 filings under the United States Bankruptcy Code.  FirstEnergy and its distribution, transmission, regulated generation and Allegheny Energy Supply (AE Supply) subsidiaries were not part of the filing.

  • Associated Pressyesterday

    FirstEnergy: 1Q Earnings Snapshot

    The Akron, Ohio-based company said it had net income of $2.54 per share. Earnings, adjusted to account for discontinued operations, were 67 cents per share. The results missed Wall Street expectations. ...

  • FirstEnergy Announces First Quarter 2018 Financial Results
    PR Newswireyesterday

    FirstEnergy Announces First Quarter 2018 Financial Results

    AKRON, Ohio, April 23, 2018 /PRNewswire/ -- FirstEnergy Corp. (FE) today reported first quarter 2018 GAAP earnings of $1.2 billion or $2.55 per basic share ($2.54 diluted), on revenues of $3 billion, primarily reflecting a gain on the deconsolidation of FirstEnergy Solutions Corp. (FES), its subsidiaries and FirstEnergy Nuclear Operating Company (FENOC) as a result of their bankruptcy filings on March 31, 2018.  In the first quarter of 2017, the company recorded GAAP earnings of $205 million, or $0.46 per basic and diluted share of common stock, on revenue of $2.9 billion.  GAAP earnings for both periods include the impact of special items listed below.

  • U.S. Coal Bailout Review Slows After Trump Faces Pushback
    Bloomberg2 days ago

    U.S. Coal Bailout Review Slows After Trump Faces Pushback

    A bankrupt power generator’s plea for President Donald Trump to help saving money-losing power plants has drawn opposition from key administration officials, slowing action on the proposal, according to ...

  • FE vs. AGR: Which Stock is Poised for Better Q1 Earnings?
    Zacks4 days ago

    FE vs. AGR: Which Stock is Poised for Better Q1 Earnings?

    FirstEnergy (FE) expects to beat earnings estimates, while Avangrid (AGR) is likely to lag the same in first-quarter 2018 report, which is going to release on Apr 23, 2018.

  • Why Earnings Season Could Be Great for FirstEnergy (FE)
    Zacks5 days ago

    Why Earnings Season Could Be Great for FirstEnergy (FE)

    FirstEnergy (FE) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.

  • Will FirstEnergy (FE) Stay on the Beat Track in Q1 Earnings?
    Zacks5 days ago

    Will FirstEnergy (FE) Stay on the Beat Track in Q1 Earnings?

    FirstEnergy (FE) is likely to impress investors with an earnings beat in its first-quarter 2018 results on Apr 23, 2018.

  • Analysts’ Views on FirstEnergy Stock, Pre-1Q18 Earnings Release
    Market Realist6 days ago

    Analysts’ Views on FirstEnergy Stock, Pre-1Q18 Earnings Release

    Wall Street analysts’ mean target price for FirstEnergy (FE) is $36.14, whereas its current market price is $34.61, implying a potential upside of ~6% for the stock over the next 12 months. Among the 17 analysts tracking FirstEnergy, eight had recommended “hold,” three had recommended “strong buy,” and six had recommended “buy” as of April 17, 2018. There were no “sell” recommendations.

  • A Look at FirstEnergy’s Indicators and Short Interest
    Market Realist6 days ago

    A Look at FirstEnergy’s Indicators and Short Interest

    FirstEnergy (FE) stock is currently trading at $34.61, 4% above its 50-day moving average and 7% above its 200-day moving average. This premium highlights its strength. Going forward, its 50-day moving average of ~$33.20 is expected to act as support.

  • How FirstEnergy Stock Is Currently Valued
    Market Realist7 days ago

    How FirstEnergy Stock Is Currently Valued

    FirstEnergy (FE) stock has soared more than 15% in the last three months, significantly outperforming broader utilities (XLU). Investment from activist hedge fund Elliott Management and improved earnings growth prospects boosted FE stock, which is currently trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) ratio of 8.4x, lower than its five-year average of ~9.0x. 

  • A Look at FirstEnergy, Pre-1Q18 Earnings Release
    Market Realist7 days ago

    A Look at FirstEnergy, Pre-1Q18 Earnings Release

    Ohio-based FirstEnergy (FE) is set to report its 1Q18 financial results on April 23, 2018. Wall Street analysts expect it to report EPS (earnings per share) of $0.67. In 1Q17, it had EPS of $0.78, implying that analysts expect FE’s EPS to fall 14% YoY (year-over-year).

  • FirstEnergy Substation Upgrade to Benefit Penelec Customers in Erie County
    PR Newswire8 days ago

    FirstEnergy Substation Upgrade to Benefit Penelec Customers in Erie County

    ERIE, Pa., April 16, 2018 /PRNewswire/ -- FirstEnergy (FE) and its subsidiaries are upgrading and expanding a 230-kilovolt electric substation in North East, Pa., to enhance reliability for customers as well as reduce the frequency and duration of power outages for Pennsylvania Electric Company (Penelec) customers in Erie County. The project includes new voltage-regulating equipment that will help maintain service reliability if a transmission line in the area experiences an outage.  Crews are also installing four new circuit breakers that will enhance system performance and help shorten power outage restoration time.  The estimated project cost is $10 million.

  • FirstEnergy to Webcast First Quarter Earnings Teleconference
    PR Newswire8 days ago

    FirstEnergy to Webcast First Quarter Earnings Teleconference

    FirstEnergy is dedicated to safety, reliability and operational excellence.  Its 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.

  • CNBC9 days ago

    Oil and gas lobby comes out against a coal utility's bailout: 'Let the market work'

    The American Petroleum Institute, the oil and gas industry association, released a letter calling for the Trump Administration to "let markets work" by denying the struggling utility firm's request for a government rescue

  • Forbes11 days ago

    States Are Breathing New Air Into Nuclear Energy To Preserve Jobs And Environment

    The Nuclear Energy Institute told Wall Street analysts yesterday that its future is now in the hands of the states, which have bills pending that would recognize nuclear energy's economic and environmental contributions -- and that plants have years to live.

  • The Wall Street Journal12 days ago

    [$$] Robert Murray Says His Coal Company Will Survive Without Trump Administration’s Help

    Robert Murray, after warning that Murray Energy could be pushed into bankruptcy if the Midwest coal industry failed to get a federal bailout, said he now expects his company to thrive whether or not the ...

  • Bloomberg14 days ago

    FirstEnergy Unit's Collapse Casts Pall Over Nuveen Muni Holdings

    The bankruptcy of an Ohio power company is reverberating in Chicago, home to one of the biggest money managers in the $3.9 trillion municipal-bond market.

  • Reuters14 days ago

    N.J. legislature to vote on nuclear subsidy bill on Thursday

    New Jersey legislators are scheduled to vote on Thursday on a bill that would cost about $300 million a year to subsidize three nuclear reactors operated by New Jersey power company Public Service Enterprise ...

  • Forbes14 days ago

    FERC, Perry Struggle To Define And Address Grid Resiliency

    Energy Secretary Rick Perry's reluctance to invoke emergency powers to keep several northeastern nuclear and coal power plants in operation illustrates the ongoing struggle at DOE and FERC to appropriately address the issue of grid resiliency.