Last €36.27 EUR
Change Today -0.354 / -0.97%
Volume 0.0
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As of 5:57 AM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

firstenergy corp (FE7) Snapshot

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52 Week High
01/26/15 - €36.70
52 Week Low
03/10/14 - €21.86
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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 Direct...
Total Annual Compensation: $600.0K
Executive Chairman
Total Annual Compensation: $1.3M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $494.7K
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. Announces Management Changes for FirstEnergy Utilities

Linda L. Moss, will move from the regional presidency of Toledo Edison to replace David J. Karafa, who is becoming vice president, distribution support, for FirstEnergy Utilities. He'll be in charge of operations, outage management and emergency preparedness and report to Senior Vice President Steven E. Strah. He had been named president of FirstEnergy Pennsylvania's operations in 2013. Moss joined Potomac Edison in 1987 and became regional president of Toledo Edison in 2013. It includes West Penn Power, Penelec and Met-Ed.

Firstenergy Corp. Invests Approximately $690 Million in 2014 in the Ohio Edison Service Area

As part of its ongoing efforts to improve its electric system, FirstEnergy Corp. invested approximately $690 million in 2014 in the Ohio Edison service area on reliability infrastructure projects and other transmission- and distribution-related work, including building new transmission lines, new substations, and installing remote-control equipment to help reduce the number and duration of power outages.

FirstEnergy Corp. Names Steven E. Strah as Senior Vice President

FirstEnergy Corp. announced that Steven E. Strah has been named as Senior Vice President of the company. Strah, formerly vice president, Distribution Support for FirstEnergy Utilities, succeeds Charles E. Jones, who was promoted to president and chief executive officer of the company in January. The change will be effective on February 1, 2015. In his new role, Strah will have overall responsibility for the company's 10 electric distribution companies, its transmission business, and related support services. He will continue reporting to Jones.


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Valuation FE7 Industry Range
Price/Earnings 26.2x
Price/Sales 1.2x
Price/Book 1.4x
Price/Cash Flow 8.9x
TEV/Sales NM Not Meaningful

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