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FE

41.52USD+0.14(+0.34%)Delayed

FirstEnergy Corp

Market Summary

USD41.52+0.14Delayed
0.34%

FE Stock Price

RSI Chart

Valuation

Market Cap

21.8B

Price/Earnings

17.62

Price/Sales

1.82

Price/Cashflow

8.56

MarketCap/EBT

14.14

Price/Sales

Profitability

EBT Margin

12.90%

Return on Equity

11.47%

Return on Assets

2.76%

Fundamentals

Revenue

Revenue (TTM)

11.9B

Revenue Y/Y

11.24%

Revenue Q/Q

23.31%

Earnings

Earnings (TTM)

1.2B

Earnings Y/Y

-27.86%

Earnings Q/Q

78.61%

Price Action

52 Week Range

34.6147.45
(Low)(High)

Last 7 days

4.2%

Last 30 days

10.5%

Last 90 days

5.1%

Trailing 12 Months

11.7%

Financial Health

Current Ratio

0.66

Debt/Equity

1.94

Debt/Cashflow

0.12

Investor Care

Dividend Yield

4.32%

Dividend/Share (TTM)

1.56

Shares Dilution (1Y)

5.02%

Diluted EPS (TTM)

2.19

Peers (Alternatives to FirstEnergy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
155.3B
17.5B
10.81% -1.81%
60.19
8.88
3.90% -17.99%
72.4B
27.0B
8.26% 5.91%
18.49
2.68
10.65% 30.59%
70.7B
28.0B
5.02% 12.89%
21.6
2.52
24.64% 10.84%
23.0B
16.5B
11.25% 4.20%
29.61
1.38
12.25% -7.73%
21.8B
11.9B
10.45% 11.72%
17.62
1.82
8.47% 12.57%
10.5B
30.7B
-4.89% 16.94%
3.05
0.36
39.89% 220.90%
MID-CAP
7.7B
4.0B
16.09% 25.02%
13.64
1.95
7.05% -5.16%
7.4B
2.8B
8.84% 17.60%
7.99
2.6
-16.40% 132.35%
5.3B
1.5B
6.43% 4.86%
21.85
3.55
4.79% -5.17%
4.1B
3.5B
11.17% 9.12%
17.16
1.29
27.85% -1.57%
2.1B
589.1M
9.66% 10.88%
36.36
3.6
3.41% 4.67%
SMALL-CAP
1.6B
157.6M
6.47% -11.12%
37.33
10.06
9.67% 12.98%
855.2M
541.5M
2.22% 31.27%
20.91
1.62
20.23% 17.61%
245.2M
272.4M
-4.54% 102.78%
3.14
0.81
-31.71% 36324.09%

Financials for FirstEnergy

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.0%11,94211,59111,39511,13211,009
Operating Expenses-2,964
Earnings Before Taxes-3.4%1,5401,5951,5081,5591,296
Net Income-9.5%1,2361,3651,2361,2831,098
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.6%44,85145,12044,61745,43243,854
  Current Assets-8.9%2,3122,5392,2503,2372,532
    Cash Equivalents-42.1%2774782831,462577
  Inventory18.8%361304273260245
  Net PPE0.6%35,57235,36734,99634,74434,305
  Goodwill0%5,6185,6185,6185,6185,618
  Current Liabilities3.6%3,4933,3704,3604,4164,094
.    Short Term BorrowingsInfinity%350----
  Long Term Debt0.7%20,90520,76321,75422,24822,503
    LT Debt, Current-1,606----
Shareholder's Equity-0.8%10,77410,8588,7558,6757,479
  Retained Earnings29.6%-796.00-1,130.00-1,317.00-1,605.00-2,032.00
  Additional Paid-In Capital19.1%11,94310,03110,2389,468-
Accumulated Depreciation0.3%13,07513,03512,83412,67212,460
Shares Outstanding0.1%572571571570544
Minority Interest1.8%464456---
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-7.4%2,5442,7472,6332,8112,676
Cashflow From Investing-3.2%-2,751.00-2,666.00-2,652.00-2,559.00-2,548.00
Cashflow From Financing76.8%-200.00-861.00-997.00-542.00260
  Dividend Payments1.3%870859849847

Risks

What is the probability of a big loss on FE?

36.5%


Probability that FirstEnergy stock will be more than 20% underwater in next one year

26.5%


Probability that FirstEnergy stock will be more than 30% underwater in next one year.

14.6%


Probability that FirstEnergy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if FirstEnergy was unfortunately bought at previous high price.

Returns

Cumulative Returns on FE

4.4%


10-Year Cumulative Returns

7.8%


7-Year Cumulative Returns

8.5%


5-Year Cumulative Returns

-0.5%


3-Year Cumulative Returns

What are the long-term rolling returns for FE?

FIve years rolling returns for FirstEnergy.

Which funds bought or sold FE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
REDUCED
-41.71
-422,000
541,000
0.55%
2022-11-23
Toroso Investments, LLC
ADDED
2.52
-3,000
241,000
0.01%
2022-11-23
Invst, LLC
ADDED
15.19
55,000
807,000
0.14%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-33
-
-%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-
4,000
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
43.72
129,000
462,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,939,000
1,939,000
0.02%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.44
-1,678,000
31,804,000
0.05%
2022-11-21
FourThought Financial, LLC
ADDED
0.56
-1,000
13,000
-%
2022-11-18
National Pension Service
ADDED
2.98
-93,000
34,432,000
0.07%

1–10 of 48

Latest Funds Activity

Are funds buying FE calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own FE

FirstEnergy News

Nasdaq

Why Is Edison International (EIX) Up 13.4% Since Last Earnings Report?.2 days ago

FE Fair Value

Recent SEC filings of FirstEnergy

View All Filings
Date Filed Form Type Document
Nov 01, 2022
4
Insider Trading
Oct 25, 2022
10-Q
Quarterly Report
Oct 25, 2022
8-K
Current Report
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading

Latest Insider Trading transactions for FE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-28
SOMERHALDER JOHN W II
ACQUIRED
-
-
53,260
Interim President and CEO
2022-09-15
Walker Christine
SOLD (Taxes)
-226,610
40.86
-5,546
SVP, CHRO & Corporate Services
2022-07-19
SOMERHALDER JOHN W II
ACQUIRED
28,142.4
37.775
745
-
2022-07-01
Croom Jana T
ACQUIRED
18,127.4
38.9
466
-
2022-05-20
SOMERHALDER JOHN W II
SOLD (Taxes)
-581,738
42.1
-13,818
Vice Chair & Exec Director
2022-04-01
JOHNSON JULIA L
ACQUIRED
37,495.6
46.12
813
-
2022-03-03
Lisowski Jason
GIVEN BACK TO IS
-148,480
42.423
-3,500
VP, Controller & CAO
2022-03-01
Walker Christine
SOLD (Taxes)
-173,846
41.57
-4,182
SVP, CHRO & Corporate Services
2022-03-01
Walker Christine
ACQUIRED
-
-
14,150.6
SVP, CHRO & Corporate Services
2022-03-01
Park Hyun
SOLD (Taxes)
-226,889
41.57
-5,458
SVP & CLO

1–10 of 50

Steven E. Strah
12400
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.

FE Income Statement

2022-09-30
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUES:    
Revenues[1]$ 3,475$ 3,124$ 9,282$ 8,472
OPERATING EXPENSES:    
Fuel209132539362
Purchased power1,1098742,7862,206
Other operating expenses1,1118562,8272,326
Provision for depreciation3323261,020972
Amortization (deferral) of regulatory assets, net(86)30(252)171
General taxes295275851812
DPA penalty (Note 8)000230
Gain on sale of Yards Creek (Note 9)000(109)
Total operating expenses2,9702,4937,7716,970
OPERATING INCOME5056311,5111,502
OTHER INCOME (EXPENSE):    
Debt redemption costs (Note 6)10(155)0
Miscellaneous income, net168136434379
Interest expense(248)(283)(788)(855)
Capitalized financing costs23205954
Total other expense(56)(127)(450)(422)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES4495041,0611,080
INCOME TAXES10588237271
INCOME FROM CONTINUING OPERATIONS344416824809
Discontinued operations (Note 3)[2]047047
NET INCOME344463824856
Income attributable to noncontrolling interest (continuing operations)100150
EARNINGS ATTRIBUTABLE TO FIRSTENERGY CORP.$ 334$ 463$ 809$ 856
EARNINGS PER SHARE ATTRIBUTABLE TO FIRSTENERGY CORP. (Note 3):    
Basic - Continuing Operations (in dollars per share)$ 0.58$ 0.76$ 1.42$ 1.48
Basic - Discontinued Operations (in dollars per share)00.0900.09
Basic - Earnings Per Share Attributable to FirstEnergy Corp. (in dollars per share)0.580.851.421.57
Diluted - Continuing Operations (in dollars per share)0.580.761.411.48
Diluted - Discontinued Operations (in dollars per share)00.0900.09
Diluted - Earnings Per Share Attributable to FirstEnergy Corp. (in dollars per share)$ 0.58$ 0.85$ 1.41$ 1.57
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:    
Basic, in shares571544571544
Diluted, in shares572545572545
Distribution Services and Retail Generation    
REVENUES:    
Revenues$ 2,767$ 2,550$ 7,334$ 6,882
Transmission    
REVENUES:    
Revenues5024111,3931,223
Other    
REVENUES:    
Revenues$ 206$ 163$ 555$ 367
[1]Includes excise and gross receipts tax collections of $111 million and $103 million during the three months ended September 30, 2022 and 2021, respectively, and $305 million and $283 million during the nine months ended September 30, 2022 and 2021, respectively.
[2]Net of income tax benefits of $47 million for the three and nine months ended September 30, 2021.

FE Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:  
Cash and cash equivalents$ 251$ 1,462
Restricted cash2649
Receivables-  
Customers1,3181,192
Less — Allowance for uncollectible customer receivables136159
Customers1,1821,033
Other, net of allowance for uncollectible accounts of $10 in 2022 and 2021264246
Materials and supplies, at average cost361260
Prepaid taxes and other228187
Total current assets2,3123,237
PROPERTY, PLANT AND EQUIPMENT:  
In service46,91746,002
Less — Accumulated provision for depreciation13,07512,672
Property, plant and equipment in service net of accumulated provision for depreciation33,84233,330
Construction work in progress1,7301,414
Total net property, plant and equipment35,57234,744
INVESTMENTS AND OTHER NONCURRENT ASSETS:  
Goodwill5,6185,618
Investments (Note 6)621655
Regulatory assets1471
Other7141,107
Total deferred charges and other assets6,9677,451
Total assets44,85145,432
CURRENT LIABILITIES:  
Currently payable long-term debt3531,606
Accounts payable1,125943
Accrued interest255283
Accrued taxes643647
Accrued compensation and benefits255313
Dividends payable223222
Other639402
Total current liabilities3,4934,416
Common stockholders’ equity-  
Common stock5757
Other paid-in capital11,52610,238
Accumulated other comprehensive loss(13)(15)
Accumulated deficit(796)(1,605)
Total common stockholders’ equity10,7748,675
Noncontrolling interest4640
Total equity11,2388,675
Long-term debt and other long-term obligations20,90522,248
Total capitalization32,14330,923
NONCURRENT LIABILITIES:  
Accumulated deferred income taxes3,4283,437
Retirement benefits2,4962,669
Regulatory liabilities1,9822,124
Other1,3091,863
Total noncurrent liabilities9,21510,093
COMMITMENTS, GUARANTEES AND CONTINGENCIES (Note 8)
Total liabilities and capitalization44,85145,432
Customer  
Receivables-  
Customers1,3181,192
Less — Allowance for uncollectible customer receivables136159
Customers1,1821,033
Other Receivables  
Receivables-  
Less — Allowance for uncollectible customer receivables$ 10$ 10