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Firstenergy Corp. - FE STOCK NEWS

Welcome to our dedicated news page for Firstenergy (Ticker: FE), a resource for investors and traders seeking the latest updates and insights on Firstenergy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Firstenergy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Firstenergy's position in the market.

Rhea-AI Summary
FirstEnergy Corp. appoints John Combs as Senior Vice President, Shared Services, bringing extensive technology and business experience to lead IT organization and drive digital transformation.
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FirstEnergy Corp. (FE) Ohio utilities have settled on a Grid Modernization II plan to expand smart meter deployment to 1.4 million customers in Ohio. The $421 million plan builds on previous upgrades, including 706,000 smart meter installations.
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FirstEnergy Corp. subsidiary Jersey Central Power & Light is implementing a comprehensive tree-trimming program along 3,400 miles of power lines to enhance electric service reliability. The $32.5 million plan is part of an annual increase in tree trimming efforts agreed upon with the New Jersey Board of Public Utilities. JCP&L will invest an additional $2.5 million annually for the next five years to expand tree-trimming zones along high-priority circuits.
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FirstEnergy Corp. (FE) will release its financial results for the first quarter of 2024 on April 25, followed by a conference call on April 26. The company's transmission subsidiaries operate 24,000 miles of transmission lines, serving over 6 million customers in several states. Investors and interested parties can access the live webcast and presentation slides on FirstEnergy's Investor Information website.
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FirstEnergy Pennsylvania (FE PA) requests a review of its base electric rates by the Pennsylvania Public Utility Commission to enhance service reliability and benefit over two million customers. The proposal includes modernizing the grid, increasing inspections, and assisting low-income residential customers.
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FirstEnergy Corp. subsidiaries Mon Power & Potomac Edison invest $84.7 million in tree trimming to enhance electric service reliability in West Virginia. Over 1,100 miles of power lines have been trimmed, with plans for an additional 6,800 miles. The company aims to prevent tree-related outages during storm seasons.
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FirstEnergy Corp. subsidiary, American Transmission Systems, Inc. (ATSI), upgrades 16 miles of power lines in Ohio to enhance reliability for 5,000 customers. The $15.5 million project strengthens the regional transmission system, reduces overloads, and improves service reliability. The upgrade includes new wires with increased capacity, new components, and insulators. The project is part of the Energize365 program, aiming to create a smarter grid with planned investments of $26 billion between 2024 and 2028.
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FirstEnergy Corp. strengthens its balance sheet with a $3.5 billion investment from Brookfield Super-Core Infrastructure Partners, supporting the Energize365 grid investment program. The transaction marks a significant financial milestone for FirstEnergy, enhancing its growth prospects and capitalizing on strategic equity financings.
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FirstEnergy Corp. (FE) has been recognized as a Top 50 Diversity Employer by Minority Engineer™ magazine for the second consecutive year. The rankings are based on a survey of Minority Engineer readers, highlighting the company's commitment to diversity and inclusion.
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FirstEnergy Corp. (FE) declares a quarterly dividend of $0.425 per share, with an expected annual rate of $1.70 per share in 2024, reflecting a more than 6% increase compared to 2023. The company aims to align dividend growth with operating earnings growth, emphasizing financial strength and confidence in strategies.
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Firstenergy Corp.

NYSE:FE

FE Rankings

FE Stock Data

21.53B
507.77M
0.13%
90.43%
2.02%
Nuclear Electric Power Generation
Utilities
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Akron

About FE

we are a forward-thinking electric utility powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger. firstenergy is dedicated to safety, reliability and operational excellence. headquartered in akron, ohio, firstenergy’s 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in ohio, pennsylvania, new jersey, west virginia, maryland and new york. the company's transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the midwest and mid-atlantic regions. join the firstenergy careers facebook community at www.facebook.com/firstenergycareers, where we share career tips, job postings, photos from career fairs and community events, and more.