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FE Stock - FirstEnergy Corp.


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FirstEnergy Corp. logo

FirstEnergy Corp., along with its subsidiaries, functions as a prominent player in the electricity sector within the United States. Operating through its Regulated Distribution and Regulated Transmission segments, the company is deeply involved in the generation, transmission, and distribution of electricity across its service areas. With a diversified portfolio of power generation assets, FirstEnergy Corp. owns and operates a mix of coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities, ensuring reliability and sustainability in its energy supply.

In terms of infrastructure, FirstEnergy Corp. maintains an extensive network comprising 24,074 circuit miles of overhead and underground transmission lines, alongside electric distribution systems encompassing 273,295 miles of overhead pole line and underground conduit. These transmission and distribution assets serve as the backbone of the company's operations, facilitating the seamless delivery of electricity to approximately 6 million customers across Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York.

Established in 1996 and headquartered in Akron, Ohio, FirstEnergy Corp. continues to uphold its comitment to providing safe, reliable, and affordable electricity to its customers while advancing sustainability initiatives and embracing emerging technologies. As a leading utility company, FirstEnergy Corp. remains dedicated to meeting the evolving energy needs of communities across its service territories, driving innovation, and fostering economic growth.

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Stock Sector: Utilities: Electric Utilities

 

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