FirstEnergy Corp - Company Profile

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FirstEnergy Corp: Overview

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FirstEnergy Corp (FirstEnergy) is a utility company that generates, transmits and distributes electricity. It owns and operates nuclear, coal-fired, solar power generating, hydroelectric, oil and natural gas and wind facilities. The company offers transmission infrastructure facilities, owns and operates certain of the company’s utilities to transmit electricity from generation sources to distribution facilities. FirstEnergy distributes electricity through its utility operating companies to various commercial, industrial, residential, retail and wholesale customers. The company serves approximately customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and New York. FirstEnergy primarily operates in the US. The company is headquartered in Akron, Ohio, the US.

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Headquarters United States of America
Address 76 S Main St, Akron, Ohio, 44308-1890
Website www.firstenergycorp.com
Telephone 1 330 7617837
No of Employees 12,042
Industry Power
Ticker Symbol & Exchange FE (NYSE)
Revenue (2022) $12.9B 3.3% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 171.4% (2022 vs 2021)
Market Cap* $21.5B
Net Profit Margin (2022) XYZ 162.6% (2022 vs 2021)
* As of and is in US$
View FirstEnergy Corp financials
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FirstEnergy Corp premium industry data and analytics

40+

Transmission & Distribution

Access detailed information on all line and substation projects and T&D infrastructure with FirstEnergy Corp.

30+

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for FirstEnergy Corp.

4

Energy Storage Projects

Understand the energy storage landscape for FirstEnergy Corp, drawing on intelligence spanning electrochemical, electromechanical, thermal and hydrogen storage.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for FirstEnergy Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on FirstEnergy Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Electricity Electricity Transmission Services
Electricity Distribution Services
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Others In March, Mon Power and Potomac Edison commenced construction on their second utility-grade solar site in West Virginia, the US.
2023 Contracts/Agreements In November, Potomac Edison teamed up with the Maryland Department of Natural Resources and Rocky Gap Casino and Resort to install two public EV charging stations at the facility in Flintstone, Allegany County.
2023 Others In September, Jersey Central Power & Light begun upgrading two miles of a high-voltage power line in Monmouth County, New Jersey, the US.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters FirstEnergy Corp Duke Energy Corp Southern Co American Electric Power Co Inc Edison International
Headquarters United States of America United States of America United States of America United States of America United States of America
City Akron Charlotte Atlanta Columbus Rosemead
State/Province Ohio North Carolina Georgia Ohio California
No. of Employees 12,042 27,037 28,100 17,250 14,316
Entity Type Public Public Public Public Public
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
John W. Somerhalder II Chairman Executive Board 2022 -
Brian X. Tierney Director; Chief Executive Officer; President Executive Board 2023 -
Toby L. Thomas Chief Operating Officer Senior Management 2023 -
Ernest N. Maley Vice President; Chief Information Officer Senior Management 2022 -
Hyun Park Senior Vice President; Chief Legal Officer Senior Management 2021 61
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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