FirstEnergy Corp (FE) Receives Buy Rating from Citigroup
Citigroup initiates coverage on FirstEnergy Corp (FE) with a Buy rating.
FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity, energy management and other energy-related services through its subsidiaries. The company is headquartered in Akron, Ohio and currently employs 12,294 full-time employees. The Distribution Segment, which consists of the Ohio Companies and FirstEnergy Pennsylvania Electric Company (FE PA), distributes electricity in Ohio and Pennsylvania. The Integrated segment includes the distribution and transmission operations under Jersey Central Power & Light Company (JCP&L), Monongahela Power Company (MP) and The Potomac Edison Company (PE), as well as MP's regulated generation operations. The segment distributes electricity in New Jersey, West Virginia and Maryland, provides transmission infrastructure, and operates 3,604 MWs of regulated net maximum generation capacity. The Stand-Alone Transmission segment consists of its ownership in FET and KATCo, which includes transmission infrastructure owned and operated by the Transmission Companies and used to transmit electricity.
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Last Updated: Dec 11, 2025, 11:12 PM · Source: Finnhub.io
Citigroup initiates coverage on FirstEnergy Corp (FE) with a Buy rating.
FirstEnergy Corp (FE) announces a quarterly dividend of $0.45 per share, payable on November 30, 2025.