Last €31.98 EUR
Change Today +0.85 / 2.73%
Volume 0.0
FE7 On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 3:17 PM 12/23/14 All times are local (Market data is delayed by at least 15 minutes).

firstenergy corp (FE7) Snapshot

Open
€30.94
Previous Close
€31.13
Day High
€32.09
Day Low
€30.92
52 Week High
12/23/14 - €32.09
52 Week Low
03/10/14 - €21.86
Market Cap
13.5B
Average Volume 10 Days
49.6
EPS TTM
--
Shares Outstanding
420.8M
EX-Date
11/5/14
P/E TM
--
Dividend
€1.40
Dividend Yield
3.38%
Current Stock Chart for FIRSTENERGY CORP (FE7)

firstenergy corp (FE7) Related Businessweek News

No Related Businessweek News Found

firstenergy corp (FE7) Details

FirstEnergy Corp., a diversified energy company, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution, Regulated Transmission, and Competitive Energy Services segments. It owns and operates fossil, nuclear, oil and natural gas, and wind and solar power generating facilities. The company also provides energy-related products and services to wholesale and retail customers. It operates an electric distribution system comprising 267,640 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits, as well as owns substations with a total installed transformer capacity of approximately 148,828,225 kilovolt-amperes. The company distributes electricity through within 65,000 square miles in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was founded in 1996 and is based in Akron, Ohio.

15,754 Employees
Last Reported Date: 02/27/14
Founded in 1996

firstenergy corp (FE7) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $1.3M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $494.7K
Executive Vice President, Director and Presid...
Total Annual Compensation: $600.0K
President of Firstenergy Generation
Total Annual Compensation: $532.3K
Chief Legal Officer and Executive Vice Presid...
Total Annual Compensation: $685.0K
Compensation as of Fiscal Year 2013.

firstenergy corp (FE7) Key Developments

FirstEnergy Corp. Ratifies Contract with UWUA Local 102

FirstEnergy Corp. announced that employees of its West Penn Power and Potomac Edison subsidiaries represented by Utility Workers Union of America Local 102 have ratified a new contract that increases wages and implements new work practices designed to enhance customer service and reliability. The contract runs through April 30, 2019. UWUA Local 102 represents about 700 employees, including 415 West Penn Power and 209 Potomac Edison linemen, substation workers, meter readers and technicians. Other represented employees include support personnel and workers at the Springdale generation plant in Allegheny County. Key provisions of the new contract with UWUA Local 102 include: annual average wage increases of approximately 2.5% over the life of the contract. As part of a previously reached settlement with the National Labor Relations Board, the company agreed to provide job opportunities for the remaining 40 laid off UWUA Local 102 members impacted by the deactivations of the Hatfield's Ferry and Mitchell power stations in western Pennsylvania in 2013. Prior to the ratification of the new contract, UWUA Local 102 and West Penn Power and Potomac Edison operated under the terms and conditions of an expired contract.

FirstEnergy Corp. Announces Executive Changes, Effective January 1, 2015

FirstEnergy Corp. announced that its Board of Directors has elected Anthony J. Alexander, 63, executive chairman of the company, effective January 1, 2015. He will be succeeded as president and chief executive officer by Charles E. Jones, 59, who also was elected to the company's Board of Directors. Jones most recently served as executive vice president and president, FirstEnergy Utilities. George M. Smart, currently chairman of the FirstEnergy Board of Directors, will be lead independent director during the transition period. In 2010, Jones was named senior vice president and president, FirstEnergy Utilities.

FirstEnergy Corp. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014: Reaffirms Earnings Guidance for the Full Year 2014

FirstEnergy Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014 For the quarter, basic operating (non-GAAP) earnings was $0.89 per share compared to 0.94 per share a year ago. On a GAAP basis, the company reported earnings of $0.79 per basic and diluted share, on earnings of $333 million and revenue of nearly $3.9 billion against earnings of $0.52 per basic and diluted share, on earnings of $218 million, and revenue of more than $4.0 billion a year ago. Operating income was $716 million against $508 million a year ago. Income from continuing operations before income taxes was $485 million against $286 million a year ago. Income from continuing operations was $333 million against $209 million a year ago. Cash flows provided from operating activities was $1,115 million against $1,178 million a year ago. Operating Non-GAAP revenues were $3,891 million against $4,017 million a year ago. Operating Non-GAAP operating income was $769 million against $784 million a year ago. Operating Non-GAAP income from continuing operations before income taxes was $549 million against $578 million a year ago. Operating Non-GAAP income from continuing operations was $373 million against $381 million a year ago. Operating Non-GAAP net income was $373 million against $390 million a year ago. For nine months, the company reported earnings of $605 million, or $1.44 per basic and diluted share, on revenue of more than $11.5 billion compared to earnings of $250 million or $0.60 per basic and diluted share, on revenue of more than $11.2 billion a year ago. Basic operating (non-GAAP) earnings were $1.76 per share of common stock compared to $2.29 per share a year ago. Operating income was $1,399 million against $1,195 million a year ago. Income from continuing operations before income taxes was $745 million against $362 million a year ago. Income from continuing operations was $519 million against $233 million a year ago. Cash flows provided from operating activities was $1,737 million against $1,671 million a year ago. Operating Non-GAAP revenues were $11,570 million against $11,259 million year ago. Operating Non-GAAP operating income was $1,702 million against $2,100 a year ago. Operating Non-GAAP income from continuing operations before income taxes was $1,078 million against $1,468 million a year ago. Operating Non-GAAP income from continuing operations was $729 million against $937 million a year ago. Operating Non-GAAP net income was $737 million against $954 million a year ago. The company affirmed its 2014 operating (non-GAAP) earnings guidance of $2.40 to $2.60 per basic share. Basic EPS-GAAP is expected to be between $0.81 to $1.26. Net income is expected to be between $340 million to $530 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FE7:GR €31.98 EUR +0.85

FE7 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
DTE Energy Co $89.32 USD +1.38
Edison International $67.54 USD +0.79
Entergy Corp $90.42 USD +0.89
ONEOK Inc $49.86 USD -0.85
Xcel Energy Inc $36.58 USD +0.35
View Industry Companies
 

Industry Analysis

FE7

Industry Average

Valuation FE7 Industry Range
Price/Earnings 25.4x
Price/Sales 1.1x
Price/Book 1.3x
Price/Cash Flow 8.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FIRSTENERGY CORP, please visit www.firstenergycorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.