Firstenergy Corp Stock Price, News & Analysis

FirstEnergy (NYSE: FE) shared seasonal safety tips for holiday decorating on November 18, 2025, emphasizing electric-safety best practices for indoor and outdoor displays.

Key guidance includes keeping decorations and ladders at least 10 feet from power lines, using sturdy ladders and a spotter, never attaching decorations to utility poles, and calling 888-LIGHTSS if equipment contacts a power line. Additional tips cover inspecting cords, using GFCI outlets, choosing UL-rated products, avoiding overloaded outlets, securing decorations, and using flameless LED candles.

The company notes its electric distribution system serves over six million customers and its transmission lines total about 24,000 miles.

JCP&L (NYSE:FE) is investing $108 million through 2028 to strengthen the electric grid in rapidly growing Ocean County, New Jersey, aiming to improve reliability, speed outage restoration and meet rising demand.

Initial $21 million of 2025 upgrades add and upgrade transformers and replace stronger conductors; $29 million (2026–2028) targets reliability improvements in towns with outage histories; $58 million (through 2028) funds EnergizeNJ projects including >200 TripSaver devices, automatic transfer devices and substation modernization. These initiatives sit within FirstEnergy's Energize365 $28 billion 2025–2029 investment plan.

FirstEnergy (NYSE: FE) announced a $55,000 FirstEnergy Foundation donation on Nov. 14, 2025 to New Jersey vocational schools and community colleges for electrical trades and STEM programming.

Grants are part of more than $5.5 million in 2025 community support and benefit five programs across JCP&L service counties, funding lab stations, drone training, tool loans, planetarium STEM outreach and electrical trade supplies.

Mon Power and Potomac Edison (NYSE: FE) will invest $13 million in 2025 to improve electric reliability for more than 12,700 rural West Virginia customers under a three-year pilot approved by the Public Service Commission of West Virginia. Projects target reduced outage frequency and duration through new power lines, stronger wire, additional substation transformers and automated smart technologies.

Key 2025 projects include a four-mile backup line in Berkeley and Morgan counties serving 5,400 customers; a second transformer in Union, Greenbrier County for 2,238 customers; wire upgrades in Hancock County covering ~3,100 customers; and a two-mile tie-line upgrade in Tyler County for 2,000 customers.

FirstEnergy (NYSE:FE) proposed a 1,200-megawatt combined-cycle natural gas plant plus 70 MW utility-scale solar in West Virginia on Nov 6, 2025. Construction is projected to create 3,260 jobs and generate $68 million in state and local tax revenue; ongoing operations are estimated to support ~2,200 jobs and $85.9 million annual tax revenue. Mon Power and Potomac Edison will file plans with the West Virginia Public Service Commission in early 2026, pursuing either a partner-build-and-transfer model or independent construction.

FirstEnergy plans $5.2 billion of WV investments from 2025–2029 and anticipates an additional $2.5 billion pending regulatory approval.

FirstEnergy (NYSE:FE) announced the FirstEnergy Foundation is awarding $100,000 in grants to emergency shelters and housing providers across its service territory in recognition of Domestic Violence Awareness Month on Oct. 31, 2025. Grants support emergency and transitional housing plus wraparound services such as counseling, legal advocacy and case management.

Recipients include Heartly House, 180 Turning Lives Around, Bethany House, Providence House, Family Services Inc., AWARE, Inc., and HOPE, Inc. The foundation has given nearly $1 million for temporary shelter since 2020, with ~$300,000 to domestic-violence support and ~$250,000 to housing initiatives in 2025.

FirstEnergy (NYSE: FE) said an 11.5-mile high-voltage transmission line in Trumbull and Ashtabula counties will be energized by the end of October 2025, after construction that began in 2023.

The $19 million rebuild installed nearly 140 new steel structures, thicker conductors and stronger foundations to reduce outages, speed restorations and allow easier rerouting during disruptions. The project affects nearly 10,000 residents and businesses and is part of the company’s $28 billion Energize365 grid-modernization program for 2025–2029.

FirstEnergy (NYSE: FE) reported Q3 2025 GAAP EPS $0.76 and Core EPS $0.83, up 9% year-over-year; year-to-date GAAP EPS $1.85 and Core EPS $2.02, up 15%.

The company narrowed 2025 Core EPS guidance to $2.50–$2.56 and affirmed a 6–8% compound annual Core EPS growth target (2025–2029). FirstEnergy increased its 2025 capital program to $5.5B (deployed >$4B through Sept.) and said its Energize365 plan totals $28B (2025–2029). Management projects a 30% rise in transmission investments and cited 16% transmission rate base growth in Q3 2025.

FirstEnergy (NYSE: FE) and its transmission unit ATSI began construction Oct 22, 2025 on a major reliability project in Fulton County, Ohio that includes a new substation and a nine-mile 345-kV transmission line to serve Delta Village, Fulton, Pike, Swan Creek and York townships.

The substation is planned to be operational by December 2026 and will connect to the existing Sydney Substation via two new half-mile lines. The work is part of Energize365, a $28 billion grid modernization program (2025–2029), and ATSI plans to invest more than $200 million in northwest Ohio. FirstEnergy notes its transmission companies reduced outages on >100-kV lines by 50% since 2014.