FE - Dividend announcements

Reports 2025 GAAP earnings of $1.77 per share and Core Earnings (non-GAAP) of $2.55 per share, at the top end of the increased and revised guidance rangeAffirms 2026 Core Earnings guidance range of $2.62 to $2.82 per share, representing 9% growth versus original 2025 guidance midpoint Announces 2026-2030 capital investment plan of $36 billionwith expected Core Earnings compounded annual growth near the top end of 6-8%AKRON, Ohio, Feb. 17, 2026 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported 2025 GAAP earnings of $1.02 billion, or $1.77 per basic share ($1.76 diluted), on revenue of $15.1 billion. These results include the impact of Ohio regulatory orders in the fourth quarter of 2

Represents 2026 annual rate of $1.86 per share, pending continued Board approval Compares to $1.78 per share in 2025 declared dividends  AKRON, Ohio, Feb. 11, 2026 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared a quarterly dividend of 46.5 cents per share of outstanding common stock payable June 1, 2026, to shareholders of record at the close of business on May 7, 2026. This represents a 4.5% increase from the company's previous quarterly dividend. "This dividend increase reflects the successful execution of our strategy and the long-term

AKRON, Ohio, Jan. 8, 2026 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) announced that the Public Utilities Commission of Ohio (PUCO) has approved a comprehensive settlement agreement that will deliver $275 million in restitution and refunds to Ohio Edison, The Illuminating Company and Toledo Edison customers. The PUCO's approval of the collaborative settlement represents a significant step forward for FirstEnergy and the communities we serve. The agreement resolves four regulatory proceedings — the Corporate Separation Rider, Rider DMR and Rider DCR matters addressed in the PUC

Settlement provides $275 million to FirstEnergy Ohio customers  AKRON, Ohio, Dec. 19, 2025 /PRNewswire/ -- FirstEnergy Corp.'s Ohio electric companies – Ohio Edison, Toledo Edison and The Illuminating Company – have reached an agreement with parties to settle multiple Public Utilities Commission of Ohio (PUCO) matters and provide $275 million to FirstEnergy's Ohio customers. The settlement resolves four PUCO proceedings – the Corporate Separation, Rider DMR and Rider DCR matters that were the subjects of the PUCO's Nov. 19 orders and the pending Political and Charitable Spendi

AKRON, Ohio, Dec. 17, 2025 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared a quarterly dividend of 44.5 cents per share of outstanding common stock payable March 1, 2026, to shareholders of record at the close of business on February 6, 2026. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than 6 million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The

Reports GAAP earnings of $0.76 per share for the third quarter, $1.85 per share year to date Delivers Core Earnings (non-GAAP) of $0.83 per share for the third quarter and $2.02 per share year to date; improvements of 9% and 15%, respectively, compared to the same periods of 2024 Narrows full-year 2025 Core Earnings guidance range to $2.50 to $2.56 per share, in the upper half of original range Deployed over $4 billion in capital investments through September to support grid reliability and resiliency; increases 2025 investment program by 10% to $5.5 billion Projects 30% increase in future transmission investments driven by industry transformation Affirms 6-8% compounded annual Core Earning

AKRON, Ohio, Sept. 23, 2025 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared a quarterly dividend of 44.5 cents per share of outstanding common stock payable December 1, 2025, to shareholders of record at the close of business on November 7, 2025. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New Yor

Reports second quarter 2025 GAAP earnings of $0.46 per share and Core Earnings (non-GAAP) of $0.52 per share, ahead of plan Reports June 2025 year-to-date GAAP earnings of $1.09 per share and Core Earnings of $1.19 per share; represents a 19% increase in Core Earnings year-over-year Deploys $2.5 billion in customer-focused capital investments through June, aligned with $5 billion 2025 investment plan and $28 billion 2025-2029 Energize365 program Affirms full-year 2025 Core Earnings guidance of $2.40 to $2.60 per share, targeting upper half of the range Affirms 6-8% compounded annual Core Earnings growth rate from 2025 through 2029 AKRON, Ohio, July 30, 2025 /PRNewswire/ -- FirstEnergy Corp

Represents 2025 annual rate of $1.78 per share, pending continued Board approval AKRON, Ohio, July 23, 2025 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared a quarterly dividend of $0.445 per share of outstanding common stock payable September 1, 2025, to shareholders of record at the close of business on August 7, 2025. Subject to continued Board approval, FirstEnergy expects to declare dividends totaling $1.78 per share in 2025. This compares to declared dividends of $1.70 per share in 2024 and represents an increase of more than 11% in annual dividend declarations since 2023. FirstEnergy is dedicated to integrity, safety, reliability and operational e

Reports significant improvement in first quarter 2025 GAAP earnings of $0.62 per share and Core Earnings (non-GAAP) of $0.67 per share, versus 2024 GAAP earnings of $0.44 per share and Core Earnings of $0.49 per share On track with 2025 $5 billion investment plan with more than $1 billion in customer-focused capital investments in the first quarter, supporting five-year Energize365 program of $28 billion through 2029 Affirms full-year 2025 Core Earnings guidance of $2.40 to $2.60 per share and 6-8% compounded annual Core Earnings growth rate target from 2025 through 2029 AKRON, Ohio, April 23, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported first quarter 2025 GAAP earnings o

Represents 2025 annual rate of $1.78 per share, pending continued Board approval; Compares to $1.70 per share in 2024 declared dividends  AKRON, Ohio, March 19, 2025 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared a quarterly dividend of $0.445 per share of outstanding common stock payable June 1, 2025, to shareholders of record at the close of business on May 7, 2025. "We are pleased to announce our third dividend increase since September 2023, reflecting our commitment to delivering shareholder value," said Brian X. Tierney, Board Chair,

Project awards represent approximately $1.25 billion in customer-focused investments for FirstEnergy Transmission and $46 million for other FirstEnergy subsidiaries AKRON, Ohio, Feb. 27, 2025 /PRNewswire/ -- FirstEnergy Transmission LLC (FET), jointly owned by FirstEnergy Corp. (NYSE:FE) and Brookfield Super-Core Infrastructure Partners, has been awarded multiple transmission projects by grid operator PJM Interconnection that are designed to strengthen the electric grid and support regional economic growth. The awards include projects that FET will develop through the Valley Link Transmission Company LLC joint venture with Dominion Energy and American Electric Power Company, as well as proje

Companies will jointly develop transmission projects in Virginia, West Virginia and Maryland to reliably serve the region's growing power demand Needed transmission reliability investments will also increase the grid's resiliency and capacity to support new generation Projects are in the early stages of development, with more detailed plans for permitting, regulatory approvals and public participation expected in the coming months AKRON, Ohio, Feb. 27, 2025 /PRNewswire/ -- Regional grid operator PJM Interconnection has selected several electric transmission projects that will be jointly developed by FirstEnergy Transmission LLC, Dominion Energy and American Electric Power Company through it

Reports full year 2024 GAAP earnings of $1.70 per share and Operating (non-GAAP) earnings of $2.63 per share, within guidance range Customer-focused capital investments of $4.5 billion in 2024 to improve grid reliability and resiliency and support the energy transition represent a 20% increase over 2023 Expands Energize365 capital investment program through 2029 with planned capital investments of $28 billion, an 8% increase from previous five-year plan, resulting in anticipated 9% rate base growth Introduces 2025 Core (non-GAAP) earnings guidance and a targeted 6-8% compound annual Core earnings growth rate through the five-year planning period AKRON, Ohio, Feb. 26, 2025 /PRNewswire/ -- Fir

AKRON, Ohio, Dec. 18, 2024 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared an unchanged quarterly dividend of $0.425 per share of outstanding common stock payable March 1, 2025, to shareholders of record at the close of business on February 7, 2025. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New

Reports third quarter 2024 GAAP earnings from continuing operations of $0.73 per share and operating (non-GAAP) earnings of $0.85 per share, within guidance range Narrows full-year 2024 operating (non-GAAP) earnings guidance to $2.61 to $2.71 per share  Increases 2024 capital investment plan from $4.3 billion to $4.6 billion, an increase of approximately 7%, and 24% higher than 2023 Affirms targeted 6-8% long-term annual operating earnings growth AKRON, Ohio, Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported third quarter 2024 GAAP earnings from continuing operations of $419 million, or $0.73 per basic and diluted share, on revenue of $3.7 billion. This compares to th

Companies jointly propose electric transmission projects to serve region's growing power demand through PJM's competitive planning process Collaboration leverages expertise of industry leaders to propose comprehensive, cost-effective solutions that promote regional grid reliability AKRON, Ohio, Oct. 7, 2024 /PRNewswire/ -- FirstEnergy Corp., Dominion Energy Virginia and American Electric Power have entered into an innovative joint planning agreement to propose several new regional electric transmission projects across multiple states within the PJM footprint. The innovative collaboration comes at a time when efficient and cost-effective regional transmission development is essential and e

AKRON, Ohio, Sept. 24, 2024 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared an unchanged quarterly dividend of $0.425 per share of outstanding common stock payable December 1, 2024, to shareholders of record at the close of business on November 7, 2024. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and

Comprehensive Agreement Designed to Keep Costs Manageable for Customers   READING, Pa., Sept. 16, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp. (NYSE:FE) doing business as Met-Ed, Penn Power, Penelec and West Penn Power, has reached a settlement in its base rate review, subject to the approval of the Pennsylvania Public Utility Commission (PaPUC). The $225 million settlement expands bill assistance for low-income residential customers and enables the company's electric grid investments that support safe and reliable electric service for its Pennsylvania customers.

AKRON, Ohio, Sept. 12, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced that it has reached a settlement agreement with the U.S. Securities and Exchange Commission (SEC) to resolve its previously disclosed investigation. "We are pleased to have reached a resolution with the SEC as we continue to turn a new chapter," said Brian X. Tierney, President and Chief Executive Officer of FirstEnergy. "Our focus today is investing in our regulated electric companies to improve the customer experience and support the energy transition." FirstEnergy's settlement requires a

AKRON, Ohio, Aug. 13, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced that it has reached an agreement, effective Aug. 12, 2024, with the Office of the Ohio Attorney General and the Office of the Summit County Prosecutor to resolve all outstanding proceedings between the parties. "We are pleased to have reached a resolution with the Ohio Attorney General's Office and the Office of the Summit County Prosecutor, which recognizes the substantial actions FirstEnergy has taken to establish a highly effective compliance program and instill a culture of ethics and in

Reports second quarter 2024 GAAP earnings of $0.08 per share and operating (non-GAAP) earnings of $0.56 per share, above the midpoint of guidance and a 19% increase compared to the second quarter of 2023 Affirms targeted 6-8% long-term annual operating earnings per share growth and full-year 2024 operating (non-GAAP) earnings guidance of $2.61 to $2.81 per share Received and deployed final $1.2 billion in proceeds from $3.5 billion FET LLC transaction, strengthening balance sheet and fueling Energize365 investment plan Results include progress in settling legacy issues with the Securities and Exchange Commission (SEC) and the Office of the Ohio Attorney General AKRON, Ohio, July 30, 2024 /PR

AKRON, Ohio, July 24, 2024 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared a quarterly dividend of $0.425 per share of outstanding common stock payable September 1, 2024, to shareholders of record at the close of business on August 7, 2024. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The

Deploys final $1.2 billion in proceeds to further strengthen balance sheet, supporting sustainable, long-term growth through industry-leading Energize365 grid investment program AKRON, Ohio, July 17, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) announced today that it received the remaining $1.2 billion in proceeds from the $3.5 billion sale of a 30% ownership interest in its FirstEnergy Transmission, LLC (FET) subsidiary to Brookfield Super-Core Infrastructure Partners (Brookfield). FirstEnergy received the initial proceeds of $2.3 billion from Brookfield when the transaction closed in March. The remaining $1.2 billion in interest-bearing notes were extinguished with Brookfield's final

Reports first quarter 2024 GAAP earnings of $0.44 per share and operating (non-GAAP) earnings of $0.55 per share, above the midpoint of guidance Affirms targeted 6-8% long-term annual operating earnings per share growth Increased total equity on balance sheet by 25% with closing on $3.5 billion FET LLC transaction; deployed $2.3 billion of proceeds; expects to receive remaining $1.2 billion later this year AKRON, Ohio, April 25, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported first quarter 2024 GAAP earnings of $253 million, or $0.44 per basic and diluted share, on revenue of $3.3 billion. This compares to first quarter 2023 GAAP earnings of $292 million, or $0.51 per basic a

Company Continues Efforts to Keep Costs Manageable for Customers   READING, Pa., April 2, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania (FE PA), a subsidiary of FirstEnergy Corp. (NYSE:FE) doing business as Met-Ed, Penn Power, Penelec and West Penn Power, will request today a review of its base electric rates by the Pennsylvania Public Utility Commission (PUC). The proposed rate adjustment builds on service reliability enhancements made in recent years by upgrading additional distribution grid equipment, providing ongoing tree trimming with a focus on off-right-of-way trees and creating a dedicated team to help low-income residential customers participate in bill assistance programs.

Follow-on investment by Brookfield Super-Core Infrastructure Partners strengthens FirstEnergy's balance sheet, supports sustainable, long-term growth through industry-leading Energize365 grid investment program AKRON, Ohio, March 25, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) announced today it has completed the previously disclosed sale of an additional 30% ownership interest in its FirstEnergy Transmission, LLC (FET) subsidiary to Brookfield Super-Core Infrastructure Partners (Brookfield) for $3.5 billion. FirstEnergy received $2.3 billion of cash proceeds at closing,

Represents annual rate of $1.70 per share, pending continued Board approvalAn increase of more than 6% compared to dividends declared in 2023 AKRON, Ohio, March 20, 2024 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared a quarterly dividend of $0.425 per share of outstanding common stock payable June 1, 2024, to shareholders of record at the close of business on May 7, 2024. Subject to continued Board approval, FirstEnergy expects to declare dividends totaling $1.70 per share in 2024, an increase of more than 6% compared to $1.60* per share d

Reports full year 2023 GAAP earnings from continuing operations of $1.96 per share Delivers 2023 Operating (non-GAAP) earnings of $2.56 per share, above the midpoint of guidance Provides 2024 operating guidance of $2.61 to $2.81 per share for the full year, a 7% increase over the 2023 guidance mid-point, driven by robust regulated growth Introduces Energize365, a $26 billion capital investment plan from 2024 to 2028 to enhance the customer experience and support the energy transition Targeted 6-8% long-term annual operating earnings per share growth with significantly improved earnings quality AKRON, Ohio, Feb. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported full year 202

AKRON, Ohio, Dec. 20, 2023 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared a quarterly dividend of $0.41 per share of outstanding common stock payable March 1, 2024, to shareholders of record at the close of business on February 7, 2024. Shareholders are encouraged to review the Dividend - Return of Capital page on FirstEnergy's Investor Information website, www.firstenergycorp.com/ir, for an update on the expected characterization of this dividend for federal tax purposes. FirstEnergy is dedicated to integrity, safety, reliability and oper

Quarterly payment increases 5% to $0.41 per share  AKRON, Ohio, Sept. 26, 2023 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared a quarterly dividend of $0.41 per share of outstanding common stock payable December 1, 2023, to shareholders of record at the close of business on November 7, 2023. This represents a 5% increase compared to quarterly payments of $0.39 per share paid by the company since March 2020. "This increase reflects our commitment to enhancing value for shareholders and the Board's confidence in our long-term business plan,"

Reports second quarter 2023 GAAP earnings of $0.41 per share and operating (non-GAAP) earnings of $0.47 per share Affirms 2023 operating guidance and provides outlook for the third quarter Affirms targeted 6-8% long-term annual operating earnings per share growth rate AKRON, Ohio, Aug. 1, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported second quarter 2023 GAAP earnings of $235 million, or $0.41 per basic and diluted share, on revenue of $3.0 billion. In the second quarter of 2022, the company reported GAAP earnings of $187 million, or $0.33 per basic and diluted share of common stock, on revenue of $2.8 billion.

Reports first quarter 2023 GAAP earnings of $0.51 per share and operating (non-GAAP) earnings of $0.60 per share Updates full-year GAAP forecast, affirms 2023 operating guidance and provides outlook for the second quarter Affirms targeted 6-8% long-term annual operating earnings per share growth rate AKRON, Ohio, April 27, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported first quarter 2023 GAAP earnings of $292 million, or $0.51 per basic and diluted share, on revenue of $3.2 billion. In the first quarter of 2022, the company reported GAAP earnings of $288 million, or $0.51 per basic share of common stock ($0.50 diluted), on revenue of $3.0 billion. Results for both periods i

Tierney Brings Deep Industry, Operational and Financial Expertise to Advance FirstEnergy's Strategy AKRON, Ohio, March 27, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced that the board of directors has unanimously agreed to appoint Brian X. Tierney president and chief executive officer, effective June 1, 2023. He succeeds interim President and Chief Executive Officer John W. Somerhalder II. Mr. Somerhalder also serves as chair of FirstEnergy's board, a position he will continue to hold. After FirstEnergy's May 2023 annual meeting, Mr. Tierney is expected to be appointed by the board to serve as a director effective June 1.

AKRON, Ohio, March 22, 2023 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared an unchanged quarterly dividend of 39 cents per share of outstanding common stock. The dividend will be payable June 1, 2023, to shareholders of record at the close of business on May 5, 2023. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 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

Reports full year 2022 GAAP earnings of $0.71 per share and operating (non-GAAP) earnings of $2.41 per share, above midpoint of guidance range Provides 2023 earnings guidance of $2.44 to $2.64 per share for the full year and $0.56 to $0.66 per share for the first quarter Affirms targeted 6-8% long-term annual operating earnings growth Announces new dividend policy with 60-70% payout ratio AKRON, Ohio, Feb. 13, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported full year 2022 GAAP earnings of $406 million, or $0.71 per basic and diluted share, on revenue of $12.5 billion. In 2021, the company reported GAAP earnings of $1,283 million, or $2.35 per basic and diluted share, on rev

Brookfield Super-Core Infrastructure Partners to acquire additional 30% ownership interest in FirstEnergy Transmission, LLC (FET); FirstEnergy to remain majority owner and sole operator Attractive valuation and efficient form of financing support accelerated balance sheet improvements; nearly $1 billion increase in 5-year capital plan focused on smart grid and clean energy transition AKRON, Ohio, Feb. 2, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced it has entered into a definitive agreement to sell an additional 30% ownership interest in its FirstEnergy Transmission, LLC (FET) business to Brookfield Super-Core Infrastructure Partners (Brookfield). Upon closing of the tran

AKRON, Ohio, Dec. 13, 2022 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared an unchanged quarterly dividend of 39 cents per share of outstanding common stock. The dividend will be payable March 1, 2023, to shareholders of record at the close of business on February 7, 2023. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 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

Expanded "EESG" framework emphasizes role of employees on newly refreshed Corporate Responsibility website AKRON, Ohio, Nov. 9, 2022 /PRNewswire/ -- As FirstEnergy (NYSE:FE) marks its 25th anniversary this week, it is recognizing the 12,000 employees who are driving the company's transformation and lighting the way in the communities where they live and work. Employees from across the company will join Board Chair and Interim President and Chief Executive Officer John W. Somerhalder II and other executives to ring the closing bell at the New York Stock Exchange today. A live s

HOLMDEL, N.J., Nov. 1, 2022 /PRNewswire/ -- The New Jersey Board of Public Utilities (BPU) has awarded Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE:FE), the construction responsibility to connect clean energy generated by New Jersey's offshore wind farms to the power grid. The BPU selected JCP&L's plan from among 80 proposals submitted by 13 different transmission developers in the nation's first coordinated offshore wind transmission bidding process. The approximately $723 million in investments awarded to JCP&L to build new and upgrade exis

Reports third quarter 2022 GAAP earnings of $0.58 per share and operating (non-GAAP) earnings of $0.79 per share, at top end of guidance range Updates full-year GAAP guidance; affirms 2022 operating guidance with expected performance in the upper half of the range AKRON, Ohio, Oct. 25, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported third quarter 2022 GAAP earnings of $334 million, or $0.58 per basic and diluted share, on revenue of $3.5 billion. In the third quarter of 2021, the company reported GAAP earnings of $463 million, or $0.85 per basic and diluted share, on revenue of $3.1 billion. GAAP results include special items listed below.

AKRON, Ohio, Sept. 19, 2022 /PRNewswire/ -- – The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared an unchanged quarterly dividend of 39 cents per share of outstanding common stock. The dividend will be payable December 1, 2022, to shareholders of record at the close of business on November 7, 2022. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryla

Reports second quarter 2022 GAAP earnings of $0.33 per share and operating (non-GAAP) earnings of $0.53 per share, in top end of guidance range Closed on minority sale of FET LLC, raising $2.4 billion at historic premium valuation  Solid execution to improve the balance sheet with over $2.5 billion of debt retired year-to-date Anticipates achieving targeted FFO/Debt of ~13% in 2023, ahead of schedule Updates and affirms full-year GAAP and operating guidance and provides outlook for third quarter AKRON, Ohio, July 26, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported second quarter 2022 GAAP earnings of $187 million, or $0.33 per basic and diluted share, on revenue of $2.8 bil

AKRON, Ohio, July 19, 2022 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared an unchanged quarterly dividend of 39 cents per share of outstanding common stock. The dividend will be payable September 1, 2022, to shareholders of record at the close of business on August 5, 2022. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 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 a

Investment by Brookfield Super-Core Infrastructure Partners Supports FirstEnergy's Capital Growth Program, Strengthens Balance Sheet AKRON, Ohio, May 31, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced that its subsidiary FirstEnergy Transmission, LLC (FET), has completed the sale of a 19.9% minority equity stake to Brookfield Super-Core Infrastructure Partners for $2.375 billion. FirstEnergy retains an 80.1% equity interest in FET and FirstEnergy's workforce will continue to maintain and operate the company's transmission system. FirstEnergy announced the agr

Companies plan to construct 50 megawatts of clean, renewable solar generation FAIRMONT, W.Va., May 25, 2022 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE:FE), are accepting customer commitments to purchase solar renewable energy credits (SRECs) from five utility-scale solar facilities planned for the companies' West Virginia service territory. The companies recently received conditional approval from the Public Service Commission of West Virginia for the five projects, which will together total 50 megawatts of renewable solar generation to help make West Virginia more attractive for business development.

FAIRMONT, W.Va., April 26, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) is teaming up with the West Virginia Herbert Henderson Office of Minority Affairs (HHOMA) to promote job opportunities to minority candidates and identify minority-owned businesses for its supplier diversity program. FirstEnergy will coordinate with the state agency on a weekly basis to share employment opportunities at the company that will be disseminated by HHOMA to minority job seekers in West Virginia. The company currently has job openings in meter reading, engineering, transmission and at its re

Reports first quarter GAAP earnings of $0.51 per share and operating (non-GAAP) earnings of $0.60 per share, in line with guidance midpoint Building on transformational initiatives to deliver strong operational and financial results with sustainable investment plan Updates and affirms full-year GAAP and operating guidance and provides outlook for second quarter AKRON, Ohio, April 21, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported first quarter 2022 GAAP earnings of $288 million, or $0.51 per basic share of common stock ($0.50 diluted), on revenue of $3.0 billion. In the first quarter of 2021, the company reported GAAP earnings of $335 million, or $0.62 per basic and dilute

AKRON, Ohio, March 15, 2022 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared an unchanged quarterly dividend of 39 cents per share of outstanding common stock. The dividend will be payable June 1, 2022, to shareholders of record at the close of business on May 6, 2022. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 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

AKRON, Ohio, Feb. 10, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported full-year 2021 GAAP earnings of $1.3 billion, or $2.35 per basic and diluted share of common stock, on revenue of $11.1 billion. In 2020, the company reported GAAP earnings of $1.1 billion, or $1.99 per basic and diluted share of common stock, on revenue of $10.8 billion. Results include the impact of special items listed below. Operating (non-GAAP) earnings* were $2.60 per share in 2021, compared to $2.39 per share in 2020. This approximately 9% increase reflects continued earnings growth f

AKRON, Ohio, Feb. 10, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced that, acting through the Special Litigation Committee of its Board of Directors, it has agreed to a settlement term sheet to resolve derivative claims asserted on the company's behalf and for the company's benefit in multiple shareholder derivative lawsuits filed in the U.S. District Court for the Southern District of Ohio, the U.S. District Court for the Northern District of Ohio, and the Ohio Court of Common Pleas, Summit County. The measures outlined in the settlement complement the substantial enhancements and actions that FirstEnergy and its Board of Directors have implemented to strengthen FirstEnerg

AKRON, Ohio, Dec. 21, 2021 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) today declared an unchanged quarterly dividend of 39 cents per share of outstanding common stock. The dividend will be payable March 1, 2022, to shareholders of record at the close of business on February 7, 2022. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 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 an

FAIRMONT, W.Va., Dec. 17, 2021 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE:FE), have applied to the Public Service Commission of West Virginia for approval to undertake a multi-year environmental compliance program at the companies' two regulated power plants, Fort Martin Power Station in Maidsville and Harrison Power Station in Haywood. The approximately $142 million program would consist of new wastewater treatment projects at the plants to meet the U.S. Environmental Protection Agency's effluent limitation guideline (ELG) requirements.

AKRON, Ohio, Dec. 15, 2021 /PRNewswire/ -- As part of FirstEnergy Corp.'s (NYSE:FE) efforts to reduce greenhouse gas (GHG) emissions, the first cleaner-powered hybrid electric bucket trucks in its vehicle fleet will be on the road soon, helping to provide reliable electric service to Jersey Central Power & Light (JCP&L) customers in New Jersey. A total of five new hybrid electric bucket trucks are receiving final inspections at JCP&L line shops – three in Flemington and one each in Washington and Newton. Hybrid bucket trucks reduce emissions using a high-capacity battery pack

READING, Pa., Dec. 15, 2021 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE:FE) Metropolitan Edison (Met-Ed), Pennsylvania Electric (Penelec), Pennsylvania Power (Penn Power), and West Penn Power (West Penn) utility companies have filed plans with the Pennsylvania Public Utility Commission (PaPUC) to procure electric generation supply beginning June 2023 for customers who choose not to shop with alternate suppliers. The companies, which do not own any electric generating plants, serve more than two million customers in Pennsylvania. An auction process will be used to ensure the utilities' customers have a secure supply of electric generation.

AKRON, Ohio, Nov. 7, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced two strategic financings with two of the premier global infrastructure funds – Blackstone Infrastructure Partners and Brookfield Super-Core Infrastructure Partners (Brookfield) – that will raise a combined $3.4 billion in equity proceeds to strengthen FirstEnergy's financial position, capitalize on incremental investment opportunities and address all equity plans. FirstEnergy also introduced a long-term EPS growth rate of 6-8%. FirstEnergy announced an agreement to issue $1 billion of common

AKRON, Ohio, Nov. 1, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today announced that its Ohio utilities – Ohio Edison, Cleveland Electric Illuminating Company and Toledo Edison – have reached a settlement with all parties involved to resolve multiple proceedings under consideration by the Public Utilities Commission of Ohio (PUCO). The settlement will provide $306 million in benefits to FirstEnergy's Ohio utility customers. "FirstEnergy worked openly and collaboratively with all parties to understand their concerns, find common ground and reach a unanimous resolution tha

AKRON, Ohio, Oct. 28, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported third quarter 2021 GAAP earnings of $463 million, or $0.85 per basic and diluted share of common stock, on revenue of $3.1 billion. In the third quarter of 2020, the company reported GAAP earnings of $454 million, or $0.84 per basic and diluted share of common stock, on revenue of $3 billion. Third quarter 2021 results include the impact of special items listed below. Operating (non-GAAP) earnings* for the third quarter of 2021 were $0.82 per share, exceeding the top end of the company's gui

AKRON, Ohio, Sept. 21, 2021 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE:FE) has declared an unchanged quarterly dividend of 39 cents per share of outstanding common stock. The dividend will be payable December 1, 2021, to shareholders of record at the close of business on November 5, 2021. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 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

AKRON, Ohio, July 22, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE:FE) today reported second quarter 2021 GAAP earnings of $58 million, or $0.11 per basic and diluted share of common stock, on revenue of $2.6 billion. In the second quarter of 2020, the company reported GAAP earnings of $309 million, or $0.57 per basic and diluted share of common stock, on revenue of $2.5 billion. GAAP results for the second quarter of 2021 include a charge related to the company's recently announced Deferred Prosecution Agreement to resolve the Department of Justice investigation, as well as other special items listed below.