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 ...

Core Insights - FirstEnergy Pennsylvania Electric Company (Met-Ed) is upgrading its energy delivery system in northwestern York County to enhance service reliability and minimize outages for approximately 300 customers, particularly during extreme weather conditions [1][2]. Project Details - The project involves replacing over a mile of older copper wire with larger-diameter aluminum wire, which can transport more electricity and meet the growing electrical needs of the Dillsburg area [2]. - The upgrade includes replacing 1.3 miles of wire, 32 wooden poles, numerous crossarms, 40 fuses, and 149 porcelain insulators along a 13.2-kilovolt power line [3]. - Additionally, 49 wildlife guards are being installed to prevent animals from causing equipment damage and power outages [4]. Strategic Initiatives - This project is part of FirstEnergy Pennsylvania's Long Term Infrastructure Improvement Plan (LTIIP III), which has a budget of $382 million aimed at accelerating capital investments in the Met-Ed electric distribution system over five years [5]. - LTIIP III is integrated into the Energize365 program, which plans to invest $28 billion from 2025 to 2029 to enhance the grid's reliability and accommodate future energy demands, including electric vehicles and clean energy sources [6]. Customer Base - Met-Ed serves approximately 592,000 customers across 3,300 square miles in eastern and southeastern Pennsylvania [7].

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 - The utility sector is viewed as a safe investment during economic turbulence, providing essential services that consumers prioritize even in difficult times [1][7][8]. Group 1: Definition and Characteristics of Utility Stocks - Utility stocks are companies primarily involved in distributing essential services such as electricity, gas, and water [5][6]. - The Global Industry Classification Standard (GICS) categorizes the utility sector to include electric, gas, and water utilities, as well as independent power producers and energy traders [6]. - Utility companies exhibit low economic sensitivity, generating stable revenues and profits, and are known for their substantial dividends [8][9]. Group 2: Investment Appeal - Investors are drawn to utility stocks due to their "stickiness" in revenues, similar to healthcare and consumer staples, making them defensive stocks [7][8]. - Utilities are often among the best-yielding market sectors, providing safety and potential upside during market downturns [9]. - The sector's stability allows for gradual rate increases, although growth is typically capped at low single-digit rates [11]. Group 3: Recent Trends and Opportunities - The rise of artificial intelligence (AI) is expected to significantly increase power usage over the next decade, presenting a unique growth opportunity for utility companies [12][13]. - This trend may enable utilities to enhance their business results in a way that has not been seen before [13]. Group 4: Criteria for Selecting Utility Stocks - A quality screen for selecting utility stocks includes companies within the S&P Composite 1500, with a long-term estimated earnings-per-share growth rate of at least 5% [15]. - Stocks should have a dividend yield of at least 2.5%, with a history of growing dividends by at least 5% over the past year [16][17]. - Companies should have at least five covering analysts and a consensus Buy rating of 2.5 or less on S&P Global Market Intelligence's ratings scale [18][19]. Group 5: Recommended Utility Stocks - Recommended utility stocks include: - IDACORP (IDA): 2.9% yield, 5.5% estimated annual dividend growth, 8.3% long-term EPS growth, consensus rating 1.75 [19]. - NiSource (NI): 2.8% yield, 6.8% estimated annual dividend growth, 8.0% long-term EPS growth, consensus rating 1.53 [19]. - DTE Energy (DTE): 3.1% yield, 6.9% estimated annual dividend growth, 8.0% long-term EPS growth, consensus rating 2.05 [19]. - New Jersey Resources (NJR): 3.6% yield, 5.4% estimated annual dividend growth, 7.6% long-term EPS growth, consensus rating 2.22 [19]. - CMS Energy (CMS): 2.9% yield, 5.8% estimated annual dividend growth, 7.3% long-term EPS growth, consensus rating 2.21 [19]. - Sempra (SRE): 3.7% yield, 5.6% estimated annual dividend growth, 7.0% long-term EPS growth, consensus rating 2.11 [19]. - Ameren (AEE): 2.6% yield, 6.3% estimated annual dividend growth, 6.9% long-term EPS growth, consensus rating 2.24 [19]. - Public Service Enterprise Group (PEG): 3.1% yield, 5.7% estimated annual dividend growth, 6.6% long-term EPS growth, consensus rating 2.35 [19]. - Essential Utilities (WTRG): 3.2% yield, 6.6% estimated annual dividend growth, 6.5% long-term EPS growth, consensus rating 1.46 [19]. - FirstEnergy (FE): 4.1% yield, 5.6% estimated annual dividend growth, 5.7% long-term EPS growth, consensus rating 2.39 [20].

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 ...

A month has gone by since the last earnings report for FirstEnergy (FE) . Shares have added about 2.4% in that time frame, outperforming 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.How Have Estimates Been Moving Since Then?It turns out, ...