Key leadership positions align with core business model focused on enhancing system investments and customer experience at the local level AKRON, Ohio, April 21, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has announced the appointment of four new executives to support the company's transmission business, operations and generation in its combined West Virginia/Maryland division and operations in New Jersey. Satvir Deol has been named Vice President, Transmission Operations, effective April 21, reporti ...

FirstEnergy Corporation (FE) is scheduled to release first-quarter 2025 results on April 23, after market close. The company delivered a negative earnings surprise of 4.3% in the last reported quarter. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors That Might Have Impacted FE’s Q1 PerformanceIn February 2025, FirstEnergy’s subsidiary, FirstEnergy Pennsylvania Electric Company, upgraded ...

Core Points - FirstEnergy recognizes the dedication and resilience of its lineworkers who face daily hazards to restore power for homes and businesses [1][3] - National Lineman Appreciation Day was established in 2013 to honor the work of electric crews, particularly after Hurricane Sandy [2] - FirstEnergy's lineworkers responded to significant outage events and provided mutual assistance during national disasters, including Hurricanes Helene and Milton [3][5] Company Performance - In August 2024, a severe storm caused power outages for over 627,700 customers in FirstEnergy's service area, with lineworkers restoring power to 94% of affected customers within five days [4] - Following the storm, FirstEnergy crews assisted in restoration efforts in the Carolinas, Florida, Georgia, and Virginia, logging over 150,000 personnel-hours [5] - FirstEnergy received the Emergency Recovery Award and Emergency Assistance Award from the Edison Electric Institute for their efforts in power restoration [6] Company Overview - FirstEnergy operates one of the largest investor-owned electric systems in the U.S., serving over 6 million customers across multiple states [7] - The company's transmission subsidiaries manage approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions [7]

AKRON, Ohio, April 14, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) electric company Ohio Edison is investing in grid upgrades to help prevent and minimize the impact of power outages in Clark County and meet the projected energy needs of industrial facilities in the area.The work is expected to enhance reliability for nearly 2,700 Ohio Edison customers in the Springfield area while enabling two local manufacturers to expand their businesses, potentially creating hundreds of local jobs. Ohio Edison ...

FirstEnergy Corporation’s (FE) subsidiary, FirstEnergy Pennsylvania Electric Company (FE PA), completed work to enhance its energy delivery system in Venango and Crawford counties.The project's goal is to enhance the line's performance, which was impacted by multiple equipment-related outages during the previous five years. About 540 consumers benefit from the rebuilt line's more reliable flow to the Polk substation. The project began in November 2024.FE’s Project in DetailsThe project included replacing mo ...

New poles and equipment to enhance electric service reliability for nearly 1,000 customers ERIE, Pa., April 10, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) subsidiary doing business as Penelec in northern and central Pennsylvania, has completed work to enhance its energy delivery system in Venango and Crawford counties to help prevent or minimize the length of service disruptions, particularly during severe weather. The project included replacing mo ...

Replacing wires and poles should help prevent or minimize outages for nearly 300 Met-Ed customers READING, Pa., April 9, 2025 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) subsidiary doing business as Met-Ed in eastern Pennsylvania, is completing work to upgrade its energy delivery system in northwestern York County to help prevent or minimize the length of service disruptions, particularly during cold or hot weather when customers use more electricity to ...

Doug Mokoid, FirstEnergy's President, New Jersey: "The investments we are making in these local communities are some of the largest and most extensive enhancements in our New Jersey Reliability Improvement Program. We are taking an all-of-the-above approach to enhancing service reliability by conducting work to address vegetation management, line resiliency, load balancing and incorporating more flexibility and redundancy to our system." Enhanced tree-trimming work, including the removal of diseased or dead ...

Core Viewpoint - FirstEnergy Corp. has appointed Nick Pearson as Vice President of Federal Government Affairs, effective April 7, 2025, to enhance its engagement in federal energy policy [1][2]. Group 1: Appointment and Role - Nick Pearson will oversee FirstEnergy's Washington, D.C. offices and guide the company's strategy on federal energy policy issues [1]. - Pearson's extensive experience in government relations and public policy is expected to be instrumental in advocating for FirstEnergy's customers and business [2]. Group 2: Professional Background - Pearson has over 22 years of experience in government relations, public policy, and business, previously serving as Head of Congressional Affairs for Google Cloud [2]. - He has held significant roles in energy policy at Google and led the Washington, D.C. office of the Tennessee Valley Authority, focusing on energy policy issues [3]. Group 3: Educational Background and Community Involvement - Pearson holds a Bachelor of Science degree in political science and speech communications from Georgia Southern University [5]. - He has been involved in various community and professional organizations, including serving on boards and volunteering with local initiatives [5]. Group 4: Company Overview - FirstEnergy is one of the largest investor-owned electric systems in the U.S., serving over 6 million customers across multiple states [6]. - The company operates more than 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions [6].

Like many investors , I am increasingly worried about how tariffs and a possible recession will impact my portfolio. With that concern in mind, I have been taking a closer look at recession-resistant investments such as Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (othe ...