Current Chair John W. Somerhalder II to remain on the Board; Lisa Winston Hicks to remain Lead Independent Director AKRON, Ohio, Dec. 18, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that President and Chief Executive Officer Brian X. Tierney has been unanimously elected by the Board of Directors to the additional role of Chair of the Board, effective Jan. 1, 2025. He succeeds John W. Somerhalder II, who will remain a director of the Board. Lisa Winston Hicks will remain the Board's Lea ...

FirstEnergy encourages caution when gifting and flying drones this seasonAKRON, Ohio, Dec. 17, 2024 /PRNewswire/ -- December is National Safe Toys and Gifts Month, which highlights the importance of being cautious about the gifts we give to our loved ones this holiday season. FirstEnergy Corp. (NYSE: FE) reminds customers to keep electrical safety in mind while selecting and trying out new toys and products received during the holidays.Drones are one of the hottest holiday gifts again this year. Understandi ...

Recipients provide support to vulnerable individuals across FirstEnergy's Ohio service areaAKRON, Ohio, Dec. 13, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted "Gifts of the Season" totaling $60,000 to four nonprofits that are working to make lives better in Ohio communities served by FirstEnergy Corp (NYSE: FE) electric companies Ohio Edison, The Illuminating Company and Toledo Edison. Watch a video explaining how these FirstEnergy Foundation grants will strengthen Ohio communities on FirstEne ...

Company offers tips for customers to manage seasonal heating billsHOLMDEL, N.J., Dec. 4, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has completed preventative maintenance and inspections to reinforce the electric grid in its 3,200-square-mile service region and help keep power flowing safely and reliably to customers during the chilly winter months.The work, which includes proactive assessment of key equipment, vehicles and the environment surrou ...

Company offers tips for customers to manage seasonal heating billsWILLIAMSPORT, Md., Dec. 4, 2024 /PRNewswire/ -- With colder months expected to produce higher electric use, Potomac Edison, a FirstEnergy Corp. (NYSE: FE) electric company, has completed inspections and maintenance across its Maryland service area to help support electric system reliability as temperatures drop this winter. Don McGettigan, FirstEnergy's Acting President, Maryland: "Ensuring our system is well-prepared for the challenges of wi ...

Company offers tips for customers to manage seasonal heating billsFAIRMONT, W.Va., Dec. 3, 2024 /PRNewswire/ -- With colder months expected to produce higher electric use, FirstEnergy Corp. (NYSE: FE) electric companies Mon Power and Potomac Edison have completed inspections and maintenance across their West Virginia service areas to help support electric system reliability as temperatures drop this winter.  Potomac Edison Logo (PRNewsfoto/FirstEnergy Corp.) Jim Myers, Vice President of FirstEnergy's W ...

FirstEnergy Corporation (FE) continues to benefit from a growing regulated base, and the expansion of distribution and transmission lines is expected to improve operations further. The company’s strategic investment will likely increase grid reliability and enable efficient customer service.However, this Zacks Rank #3 (Hold) company faces risks related to delays in the base rate request approval and seasonal factors.Tailwinds for FirstEnergyThe utility’s efforts to expand its regulated generation mix stabil ...

It has been about a month since the last earnings report for FirstEnergy (FE) . Shares have added about 1.1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is FirstEnergy due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. FirstEnergy Misses on Q3 Earnings and Sales, Lo ...

Brings more than 35 years of experience leading large-scale technology transformations AKRON, Ohio, Nov. 26, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that Mark Andrade has been named Vice President, Enterprise Technology, effective Dec. 2. In this role, Andrade will drive FirstEnergy's technology modernization and digital transformation in support of the company's strategic vision. He will report to John Combs, Senior Vice President, Shared Services.  John Combs, Senior Vice Preside ...

AKRON, Ohio, Nov. 20, 2024 /PRNewswire/ -- In recognition of Utility Scam Awareness Day on Wednesday, Nov. 20, FirstEnergy Corp. (NYSE: FE) is offering tips to prevent the public from falling for common utility scams, especially as the cold winter months are fast approaching. Scammers often prey on the fears of vulnerable customers to steal their personal information and trick them into paying “unpaid bills” to avoid service disconnection. To date in 2024, FirstEnergy has received more than 3,400 report ...