0.20%
-0.28%
-4.62%
-6.75%
8.18%
-5.98%
-22.72%
AI Spotlight on FE
Company Description
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States.It operates through Regulated Distribution and Regulated Transmission segments.The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities.
It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits.The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York.FirstEnergy Corp.
was incorporated in 1996 and is headquartered in Akron, Ohio.
Market Data
| Last Price | 39.8 |
| Change Percentage | 0.20% |
| Open | 39.71 |
| Previous Close | 39.72 |
| Market Cap ( Millions) | 22937 |
| Volume | 4581117 |
| Year High | 44.97 |
| Year Low | 35.41 |
| M A 50 | 40.32 |
| M A 200 | 40.93 |
Financial Ratios
| FCF Yield | -4.45% |
| Dividend Yield | 4.23% |
| ROE | 7.47% |
| Debt / Equity | 190.75% |
| Net Debt / EBIDTA | 608.42% |
| Price To Book | 1.84 |
| Price Earnings Ratio | 25.7 |
| Price To FCF | -22.47 |
| Price To sales | 1.71 |
| EV / EBITDA | 12.08 |
News
- Jan -31 - FirstEnergy Ohio Electric Companies File Sixth Electric Security Plan to Support Continued Reliability Investments and New Customer Programs
- Jan -29 - New Illuminating Company Power Line to Improve Reliability for Avon Lake Customers
- Jan -29 - Grid Upgrades Underway to Benefit JCP&L Customers in Burlington and Ocean Counties
- Jan -28 - The Illuminating Company and Ohio Edison Named 2024 Business Customer Champions by Escalent
- Jan -19 - FirstEnergy: This Utility Is Very Attractively Priced
- Jan -17 - FirstEnergy Electric Companies Offer Tips to Stay Safe and Save Energy During Extreme Cold
- Jan -16 - Power Grid Upgrades Underway to Benefit 4,500 JCP&L Customers in Sussex County
- Jan -16 - JCP&L Invests Nearly $400,000 to Enhance Electric Service in Monmouth County
- Jan -07 - New Jersey Nonprofits Receive More Than $740,000 From FirstEnergy, FirstEnergy Foundation in 2024
- Dec -30 - CSE Bulletin: Name and Symbol Change - FE Battery Metals Corp. (FE)
- Dec -23 - FirstEnergy PA Gets Approval for Infrastructure Improvement Plans
- Dec -23 - FirstEnergy Transmission, LLC Announces Launch of Exchange Offer for Its 4.550% Senior Notes Due 2030 and 5.000% Senior Notes Due 2035
- Dec -20 - FirstEnergy Names Three to Vice President Roles
- Dec -19 - FirstEnergy Pennsylvania Receives Approval for Infrastructure Improvement Plans
- Dec -19 - "Gifts of the Season" Totaling Nearly $20,000 Awarded to New Jersey Nonprofits by FirstEnergy Foundation
- Dec -19 - FirstEnergy Foundation Surprises Maryland and West Virginia Agencies with Donations Totaling $40,000 Ahead of Holidays
- Dec -19 - FirstEnergy Foundation Surprises West Virginia Agencies with "Gifts of the Season" Totaling Nearly $20,000
- Dec -19 - "Gifts of the Season" Totaling $70,000 Presented to Nonprofits in Pennsylvania
- Dec -18 - FirstEnergy Names Brian X. Tierney Chair of the Board
- Dec -18 - FirstEnergy Corp. Declares Unchanged Common Stock Dividend of $0.425 Per Share
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Regulated Distribution
Expected Growth : 4.5 %
What the company do ?
Regulated Distribution from FirstEnergy Corp. refers to the regulated electricity distribution services provided by FirstEnergy Corp. to its customers in Ohio, Pennsylvania, New Jersey, and Maryland.
Why we expect these perspectives ?
FirstEnergy Corp.'s regulated distribution segment growth of 4.5% is driven by increasing electricity demand, infrastructure investments, and rate base growth. Additionally, the company's focus on grid modernization, renewable energy integration, and customer growth initiatives contribute to its steady growth. Furthermore, favorable regulatory environments and cost savings from operational efficiencies also support the segment's growth.
Segment n°2 -> Regulated Transmission
Expected Growth : 4.8 %
What the company do ?
Regulated Transmission from FirstEnergy Corp. refers to the regulated transmission of electricity from FirstEnergy Corp., a utility company, to customers within its designated service area.
Why we expect these perspectives ?
FirstEnergy Corp.'s Regulated Transmission segment growth of 4.8% is driven by increasing demand for reliable and efficient energy transmission, investments in grid modernization, and favorable regulatory policies. Additionally, the company's focus on infrastructure upgrades, expansion of transmission lines, and strategic acquisitions contribute to its growth momentum.
Segment n°3 -> Corporate/Other
Expected Growth : 3.2 %
What the company do ?
Corporate/Other from FirstEnergy Corp. refers to the company's non-utility operations, including its investments, and other miscellaneous activities.
Why we expect these perspectives ?
FirstEnergy Corp's Corporate/Other segment growth of 3.2% is driven by increased transmission revenue, higher allowance for funds used during construction (AFUDC) and a rise in other income, partially offset by higher operation and maintenance expenses. Additionally, the company's focus on grid modernization and infrastructure investments also contribute to the segment's growth.
Firstenergy Corp. Products
| Product Range | What is it ? |
|---|---|
| Electricity Distribution | FirstEnergy Corp. distributes electricity to residential, commercial, and industrial customers through its regulated utility subsidiaries. |
| Transmission Services | FirstEnergy Corp. owns and operates a high-voltage transmission system that connects generating plants to the grid, enabling the efficient transmission of electricity. |
| Generation Services | FirstEnergy Corp. generates electricity through its fossil fuel-based and nuclear power plants, providing a reliable source of power to the grid. |
| Renewable Energy Solutions | FirstEnergy Corp. offers renewable energy solutions, including wind and solar power, to customers seeking sustainable energy options. |
| Energy Efficiency Programs | FirstEnergy Corp. offers energy efficiency programs and services to help customers reduce their energy consumption and costs. |
| Smart Grid Solutions | FirstEnergy Corp. provides advanced smart grid solutions, including smart meters and grid management systems, to enhance grid reliability and efficiency. |
FirstEnergy Corp.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for FirstEnergy Corp. is medium due to the availability of alternative energy sources such as renewable energy and natural gas.
Bargaining Power Of Customers
The bargaining power of customers for FirstEnergy Corp. is low due to the lack of alternatives and the company's dominant market position.
Bargaining Power Of Suppliers
The bargaining power of suppliers for FirstEnergy Corp. is medium due to the presence of multiple suppliers and the company's ability to negotiate prices.
Threat Of New Entrants
The threat of new entrants for FirstEnergy Corp. is low due to the high barriers to entry and the company's established market position.
Intensity Of Rivalry
The intensity of rivalry for FirstEnergy Corp. is high due to the presence of multiple competitors and the company's need to maintain market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 70.47% |
| Debt Cost | 5.04% |
| Equity Weight | 29.53% |
| Equity Cost | 6.32% |
| WACC | 5.42% |
| Leverage | 238.67% |
FirstEnergy Corp. : Quality Control
FirstEnergy Corp. passed 0 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| AGR | Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company operates through Networks and … |
| OGE | OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity, natural gas, crude oil, and natural … |
| POR | Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six … |
| PNW | Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, … |
| EVRG | Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States. It generates electricity through coal, hydroelectric, landfill … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Avangrid
A-Score
1-Year Total Return ->
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OGE Energy
A-Score
1-Year Total Return ->
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Evergy
A-Score
1-Year Total Return ->
4
PGE
A-Score
1-Year Total Return ->
5
Pinnacle West Capital
A-Score
1-Year Total Return ->
6
