Earnings summaries and quarterly performance for FIRSTENERGY.
Executive leadership at FIRSTENERGY.
Brian Tierney
Detailed
President and Chief Executive Officer
CEO
HP
Hyun Park
Detailed
Senior Vice President, Chief Legal Officer
KJ
K. Jon Taylor
Detailed
Senior Vice President, Chief Financial Officer and Strategy
TT
Toby Thomas
Detailed
Chief Operating Officer
WS
Wade Smith
Detailed
President, FirstEnergy Utilities
Board of directors at FIRSTENERGY.
HB
Heidi Boyd
Detailed
Director
JO
James O’Neil III
Detailed
Director
JC
Jana Croom
Detailed
Director
JS
John Somerhalder II
Detailed
Director
LT
Leslie Turner
Detailed
Director
LW
Lisa Winston Hicks
Detailed
Lead Independent Director
MW
Melvin Williams
Detailed
Director
PK
Paul Kaleta
Detailed
Director
SD
Steven Demetriou
Detailed
Director
Research analysts who have asked questions during FIRSTENERGY earnings calls.
AW
Andrew Weisel
Scotiabank
6 questions for FE
Also covers: AEP, BKH, CEG +13 more
AC
Anthony Crowdell
Mizuho Financial Group
6 questions for FE
Also covers: AEE, AEP, AES +30 more
Nicholas Campanella
Barclays
6 questions for FE
Also covers: AEE, AEP, AES +32 more
Carly Davenport
Goldman Sachs
5 questions for FE
Also covers: AEE, AEP, D +14 more
DA
David Arcaro
Morgan Stanley
5 questions for FE
Also covers: AEP, AES, ATO +32 more
JT
Jeremy Tonet
JPMorgan Chase & Co.
5 questions for FE
Also covers: AEE, AEP, AM +45 more
Michael Lonegan
Evercore ISI
3 questions for FE
Also covers: EIX, ETR, HE +3 more
Ross Fowler
Bank of America
3 questions for FE
Also covers: AEP, BKH, D +10 more
SK
Sophie Karp
KeyBanc Capital Markets Inc.
3 questions for FE
Also covers: AGR, AVA, CEG +12 more
RL
Ryan Levine
Citigroup
2 questions for FE
Also covers: AEP, AES, ATO +17 more
SP
Shahriar Pourreza
Guggenheim Partners
2 questions for FE
Also covers: AEE, AEP, AVA +29 more
Steve Fleishman
Wolfe Research, LLC
2 questions for FE
Also covers: AEP, CEG, CNP +11 more
Steven Fleishman
Wolfe Research
2 questions for FE
Also covers: AEP, CEG, CNP +18 more
AS
Agnieszka Storozynski
BofA Securities
1 question for FE
Also covers: AES, AGR, AWK +11 more
AC
Alexander Calvert
Guggenheim Securities, LLC
1 question for FE
PF
Paul Fremont
Ladenburg Thalmann
1 question for FE
Also covers: AEE, CNP, CPK +17 more
PP
Paul Patterson
Glenrock Associates
1 question for FE
Also covers: AEE, ES, ETR +7 more
SK
Sophia Karp
KeyBanc Capital Markets
1 question for FE
William Appicelli
UBS
1 question for FE
Also covers: AEE, AEP, DTE +9 more
Recent press releases and 8-K filings for FE.
FirstEnergy reaches PUCO settlement delivering $275M to customers
FE
Legal Proceedings
New Projects/Investments
- Ohio’s PUCO approved a $275 million settlement returning $250 million in restitution and $5 million in additional credits to Ohio Edison, The Illuminating Company and Toledo Edison customers.
- Residential customers using 1,000 kWh/month will receive approximately $65.61 in bill credits over three months, with utility-specific monthly decreases of $17.81 (Toledo Edison), $13.27 (Ohio Edison) and $1.02 (The Illuminating Company) compared to January 2026 bills.
- The agreement allocates $20 million to support low-income bill assistance, weatherization and energy-efficiency programs.
- FirstEnergy will invest $14 billion in Ohio transmission and distribution infrastructure, workforce and facilities through 2029.
7 days ago
FirstEnergy reaches $275M settlement in Ohio PUCO proceedings
FE
Legal Proceedings
New Projects/Investments
- $275 million settlement reached to benefit Ohio customers: $250 M in restitution credited to 2026 bills and $25 M in additional residential relief (including $20 M for low-income assistance).
- Resolves four PUCO matters (Corporate Separation, Rider DMR, Rider DCR and Political & Charitable Spending), redirecting the initial $250 M payment fully to customers pending PUCO approval.
- Plans $14 billion investment in Ohio transmission and distribution infrastructure from 2025–2029 to enhance reliability and support economic growth.
Dec 19, 2025, 7:35 PM
FirstEnergy Corp issues 2026 financial guidance
FE
Guidance Update
Dividends
New Projects/Investments
- On December 9, 2025, FirstEnergy provided 2026 Core (non-GAAP) earnings guidance of $2.62–$2.82 per share (midpoint $2.72), representing 7.5% growth over its increased 2025 guidance midpoint and ~9% over the original 2025 midpoint.
- The guidance is underpinned by a $6 billion capital investment plan for 2026, a 9% increase from the $5.5 billion plan in 2025, focusing on distribution renewal, grid modernization, and transmission enhancements.
- Subject to board approval, FirstEnergy plans 2026 quarterly dividends totaling $1.86 per share, consistent with its 60–70% targeted payout ratio.
- The company reaffirmed its 6–8% Core EPS CAGR through 2029, guiding to the upper half of that range and intends to update its five-year plan in early 2026.
Dec 9, 2025, 12:28 PM
FirstEnergy outlines PUCO orders for Ohio rate case and audits
FE
Guidance Update
- On Nov. 19, 2025, PUCO approved Ohio Base Rate Case with $4.4 B distribution rate base, 9.63 % ROE, 48.8 / 51.2 debt/equity and a $34 M net revenue adjustment.
- Orders include recovery of $245 M storm restoration costs over 5 years and $92 M deferred O&M over 10 years, plus pension/OPEB cost recovery and DCR rider reset.
- Ohio Companies to pay $250.7 M in combined refunds ($186.63 M) and civil forfeitures ($64.07 M) in Q4 2025, excluded from Core Earnings.
- Plan to file first three-year rate plan in Q1 2026 for implementation in early 2027.
- Reaffirmed $2.50–$2.56 per share 2025 Core Earnings guidance and 6–8 % Core EPS CAGR through 2029.
Nov 20, 2025, 12:55 PM
Bitdeer announces October 2025 production and operations update
FE
New Projects/Investments
- Self-mining output: Mined 511 BTC in October (up ~13% MoM) and grew self-mining hashrate to 41.2 EH/s, surpassing the 40 EH/s target.
- HPC/AI growth: Achieved US$8 million AI cloud ARR and deployed 584 GPUs at 87% utilization.
- Infrastructure expansion: Fully energized the 175 MW Tydal, Norway site; energized 40 MW in Oromia, Ethiopia; commenced energization of 21 MW at Massillon, Ohio.
- Chip R&D progress: First SEAL04 chip demonstrated 6–7 J/TH efficiency; targeting mass production in Q1 2026.
Nov 10, 2025, 12:00 PM
FirstEnergy proposes West Virginia gas plant and solar projects
FE
New Projects/Investments
- FirstEnergy plans a 1,200 MW combined-cycle natural gas plant and 70 MW utility-scale solar in West Virginia to ensure reliable power and support growth.
- The construction phase is expected to generate 3,260 jobs and $68 million in state/local tax revenue; operations are estimated to support 2,200 jobs and $85.9 million in annual taxes.
- Mon Power and Potomac Edison will file project plans with West Virginia regulators in early 2026; FirstEnergy anticipates $5.2 billion in infrastructure investments through 2029 and an additional $2.5 billion pending regulatory approval.
- Plans include upgrading transmission lines, reinforcing poles and wires, and deploying advanced grid technologies to modernize the state's electric system.
Nov 6, 2025, 10:17 PM
Valory Resources secures $8.5 M investment, appoints Wilson family to board
FE
Board Change
New Projects/Investments
- Valory Resources received a CAD$8.5 million strategic investment from W. Brett Wilson and Russell Wilson, signaling strong confidence in its steelmaking coal projects.
- W. Brett Wilson and Russell Wilson have been appointed to the Board of Directors, adding capital markets and corporate strategy expertise.
- The company expressed gratitude to outgoing directors Jay Sujir and Ian Harris for their contributions.
- The funding underpins development of the Blackstone (175 Mt JORC Inferred) and Mine 14 (19 Mt reserves) underground PLV coal projects in Alberta.
Oct 22, 2025, 1:00 PM
FirstEnergy outlines West Virginia 10-year energy plan
FE
New Projects/Investments
- Mon Power and Potomac Edison filed an IRP with the Public Service Commission of West Virginia to ensure reliable, cost-effective power over the next decade.
- Plan retains Fort Martin and Harrison Power Stations and adds a 1,200 MW natural gas combined-cycle unit by around 2031 and 70 MW of utility-scale solar by 2028.
- Incorporates short-term power purchases to maintain reliability as new generation comes online, addressing demand from data centers and advanced manufacturing.
- Supports Governor Morrisey’s “50 by 50” initiative to reach 50 GW of capacity by 2050, while fostering local investment and job creation.
Oct 1, 2025, 5:21 PM
FirstEnergy declares quarterly dividend of 44.5 cents per share
FE
Dividends
- The Board of Directors declared a 44.5 cents quarterly dividend per share of common stock.
- The dividend is payable December 1, 2025, to shareholders of record as of November 7, 2025.
- FirstEnergy serves over six million customers across six states and its transmission subsidiaries operate 24,000 miles of lines.
Sep 23, 2025, 8:20 PM
FirstEnergy Corp declares quarterly dividend of $0.445 per share
FE
Dividends
- The Board of Directors declared a $0.445 per share quarterly dividend of common stock, payable September 1, 2025, to shareholders of record as of August 7, 2025.
- FirstEnergy expects a $1.78 per share annual dividend rate in 2025, up from $1.70 in 2024, representing more than an 11% increase in annual dividend declarations since 2023.
Jul 23, 2025, 8:20 PM
Quarterly earnings call transcripts for FIRSTENERGY.
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