33.96 -0.09 (-0.25%)
After hours: 4:12PM EDT
|Bid||32.42 x 300|
|Ask||33.97 x 6000|
|Day's Range||33.73 - 34.23|
|52 Week Range||27.93 - 35.22|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 25, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||1.44 (4.27%)|
|1y Target Est||35.79|
Met-Ed personnel have implemented storm and staffing plans and are prepared to respond appropriately should severe weather cause power outages. Electrical contractors are available in the Met-Ed area to assist with restoration efforts, as needed. Follow Met-Ed on Twitter @Met Ed and on Facebook at www.facebook.com/MetEdElectric.
FirstEnergy (FE) has been one of the top-performing stocks among the S&P 500 Utilities Index (XLU) this year. Interestingly, FirstEnergy stock continues to look strong, given its current chart indicators. On March 19, FE was trading 6% above its 50-day moving average and 6% above its 200-day moving average.
AKRON, Ohio, March 20, 2018 /PRNewswire/ -- FirstEnergy (FE) utility personnel are prepared to respond should the heavy, wet snow forecast for much of the Mid-Atlantic region cause power outages beginning later today. Company meteorologists are monitoring a strong winter storm system that is expected to produce more than a foot of wet, heavy snow and wind gusts in excess of 45 mph in some of FirstEnergy's service areas in Pennsylvania, Maryland, West Virginia, New Jersey and Ohio. The heavier the snow, the greater the chances of falling trees and broken limbs contacting power lines, which are a primary cause of power outages.
AKRON, Ohio, March 20, 2018 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (FE) today declared an unchanged quarterly dividend of 36 cents per share of outstanding common stock. The dividend will be payable June 1, 2018, to shareholders of record at the close of business on May 7, 2018. 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. Follow FirstEnergy on Twitter @FirstEnergyCorp or online at www.firstenergycorp.com.
Electrical contractors are available in New Jersey to assist with restoration efforts, as needed, and FirstEnergy utility crews from Ohio are traveling to New Jersey today to provide additional support. To handle the influx of outside crews, staging sites are being prepared in Ocean and Essex counties.
Company Monitoring New Weather System as it Develops MORRISTOWN, N.J. , March 12, 2018 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) is in the process of completing its massive restoration effort ...
MORRISTOWN, N.J., March 11, 2018 /PRNewswire/ -- A small army of utility personnel – more than 6,200 line workers, hazard responders and assessors, forestry crews, job dispatchers, and electrical contractors – is part of Jersey Central Power & Light's (JCP&L) strong effort to restore the 22,000 customers who remain without power following the two Nor'easters that slammed the Mid-Atlantic and New England areas. JCP&L reminds customers to immediately report downed wires to their utility at 888-LIGHTSS (888-544-4877), or to their local police or fire department. Customers should never go near a downed wire even if they think it is no longer carrying electricity. Extra caution should be used in areas where downed lines are tangled in trees or other debris.
MORRISTOWN, N.J., March 10, 2018 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) is on track to restore electric service by late this evening to the majority of the 3,400 customers who remain without power due to the first severe winter storm that slammed the Mid-Atlantic and New England areas. The majority of the customers affected by the second winter storm are expected to be restored by late Monday.
MORRISTOWN, N.J., March 9, 2018 /PRNewswire/ -- An additional 400 utility workers will arrive today to help Jersey Central Power & Light (JCP&L) restore service to all customers by late tomorrow night who have been without power since the first winter storm struck northern New Jersey.
READING, Pa., March 9, 2018 /PRNewswire/ -- Metropolitan Edison Company (Met-Ed) utility personnel continue to make steady progress restoring power following two massive winter storms in the company's southeastern Pennsylvania service territory. The company expects to have the majority of the remaining affected customers returned to service by late this evening. Met-Ed is assisted by crews from 14 states traveling from as far away as Louisiana. These additional crews have contributed to a total response force of more than 2,200 personnel – more than 1,000 of which are line workers. This robust restoration team continues to focus on the largest outages while prioritizing customers who have been without power the longest. At this stage of the restoration process, the necessary repairs tend to be more difficult and time-consuming.
Utility crews remain focused on restoring customers who have been without power the longest. JCP&L has already restored nearly 320,000 customers since the first storm hit northern New Jersey, and approximately 18,000 remain without power from the original event, primarily in Hunterdon, Morris, Warren and Sussex counties. JCP&L is putting every resource available to restore these customers. Due to the extent of new damage from yesterday's storm, it is not possible yet to establish meaningful restoration times. JCP&L expects to complete enough evaluation of system damage to set these estimates this afternoon. Yesterday's heavy snow caused about 117,000 additional power outages, along with treacherous driving conditions, downed wires and road closures. New snow totals are highest in areas of northern New Jersey that were hit hardest by the first storm, and the heavy, wet snow also caused outages in areas of central New Jersey that were unaffected by the first storm. While JCP&L remains focused on restoring customers who have been out the longest, the company will address any new outages based on its priority system that deals with the largest outages first.
Customers Without Power the Longest Remain Top Priority READING, Pa. , March 8, 2018 /PRNewswire/ -- Metropolitan Edison Company (Met-Ed) utility personnel are working around the clock to restore power ...
The largest utility by revenue, Exelon Corporation is currently tracked by 18 analysts. According to analysts’ consensus, Exelon has a mean price target of $41.9 against its current market price of $37.2, which suggests an estimated upside of 13.0%. Exelon’s peer FirstEnergy’s (FE) stock has a mean price target of $35.9, which implies an estimated gain of $13% in a year.
MORRISTOWN, N.J., March 7, 2018 /PRNewswire/ -- More than 4,100 utility workers continue their efforts around the clock to restore customers of Jersey Central Power & Light (JCP&L) as a new snowstorm creates hazardous conditions and the potential for additional outages in northern New Jersey. Last night, the Governor of New Jersey declared a State of Emergency for the entire state. JCP&L remains focused on restoring customers who have been out the longest, and will address any new outages based on its priority system that deals with the largest outages first.
Crews Making Additional Repairs Today in Advance of Second Powerful Storm READING, Pa. , March 7, 2018 /PRNewswire/ -- Metropolitan Edison Company (Met-Ed) crews repaired two high-voltage power lines overnight, ...
Closely Monitoring Second Storm to Ensure Swift Response READING, Pa. , March 6, 2018 /PRNewswire/ -- Metropolitan Edison Company (Met-Ed) has today deployed more than 750 line workers to its eastern Pennsylvania ...
JCP&L is also closely watching a second major storm expected to move up the East Coast on Wednesday, and will keep all personnel in place this week to quickly respond to any additional outages. Since last Friday, approximately 180,000 customers have been restored in JCP&L's northern New Jersey service area. At this time, approximately 40,000 customers remain out of service, primarily in Hunterdon, Morris, Warren and Sussex counties.
Staging Areas Being Opened to Handle Influx of Utility Personnel Helping with Restoration Effort READING, Pa. , March 5, 2018 /PRNewswire/ -- More than 750 line workers are in Metropolitan Edison Company's ...
Second Staging Area Being Opened to Handle Influx of Utility Personnel Brought in to Help with Restoration Effort MORRISTOWN, N.J. , March 5, 2018 /PRNewswire/ -- More than 780 line workers are in northern ...
AKRON, Ohio, March 5, 2018 /PRNewswire/ -- FirstEnergy Nuclear Operating Company (FENOC), a subsidiary of FirstEnergy Corp. (FE), announced its Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, shut down at 12:01 a.m. on Saturday, March 3, for scheduled refueling and maintenance. While the unit is offline, about a third of the unit's 177 fuel assemblies will be replaced. Preventative maintenance and safety inspections to ensure continued safe and reliable operations also will be performed on major components including various pumps, valves, reactor vessel, steam generators, turbine generator and the cooling tower. In total, more than 1,200 work activities will be completed during the refueling outage. More than 1,000 temporary contractor workers and FENOC and FirstEnergy employees will supplement the Davis-Besse workforce during the outage. The additional workforce will provide a multi-million-dollar boost to the local economy as workers stay in area hotels, eat in local restaurants and frequent area stores.
Some of the hardest hit areas were in Met-Ed's eastern Pennsylvania counties that experienced 50 mph winds and more than a foot of heavy, wet snow. Currently, approximately 43,000 customers remain out of service due to the severe winter weather, with the hardest hit areas including Stroudsburg and Easton. More than 300 Met-Ed linemen, damage assessors, hazard responders, forestry personnel, dispatchers and public protectors are working to restore customer outages. In addition, more than 550 line workers and support personnel from other FirstEnergy utilities and contractors will be arriving to assist with restoration efforts in the Met-Ed service areas. These crews recently completed work restoring customers in other parts of Pennsylvania who lost power because of the winter storm.