FirstEnergy Benefits From Investments & Infrastructure Upgrade

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 ...