Edition:
United States

FirstEnergy Corp (FE.N)

FE.N on New York Stock Exchange

30.01USD
9:45am EST
Change (% chg)

$-0.35 (-1.17%)
Prev Close
$30.37
Open
$30.41
Day's High
$30.49
Day's Low
$29.94
Volume
166,573
Avg. Vol
1,052,568
52-wk High
$36.60
52-wk Low
$29.94

Latest Key Developments (Source: Significant Developments)

Firstenergy Corp sees FY 2017 basic EPS in range of $2.47-$2.77
Friday, 4 Nov 2016 05:26pm EDT 

Firstenergy Corp : Firstenergy Corp sees FY 2017 basic EPS in range of $2.47 -$2.77 - SEC filing . Firstenergy Corp sees FY 2017 basic non-GAAP EPS in range of $2.55 -$2.85 - SEC filing . FY2017 earnings per share view $2.62 -- Thomson Reuters I/B/E/S . Firstenergy Corp sees FY 2016 CAPEX of $2.9 billion, sees FY 2017 CAPEX of $2.8 billion . Firstenergy Corp sees FY 2016 non-GAAP FFO $3,635 -$3,715 million .Firstenergy Corp sees FY 2017 non-GAAP FFO $3, 910 -$4,010 million.  Full Article

Firstenergy corp says Firstenergy Ohio Utilities receive "disappointing" PUCO decision
Wednesday, 12 Oct 2016 04:55pm EDT 

Firstenergy Corp : Firstenergy Corp says Firstenergy Ohio utilities receive "disappointing" PUCO decision . Firstenergy Corp - Public utilities commission of Ohio order authorizes companies to collect approximately $204 million per year over a three-year term .Firstenergy Corp - is evaluating the public utilities commission of Ohio's order.  Full Article

FirstEnergy Q2 GAAP loss per share $2.56
Thursday, 28 Jul 2016 04:30pm EDT 

FirstEnergy Corp : Announces Second Quarter 2016 Results, Provides Third Quarter And Full-Year 2016 guidance . Sees q3 non-gaap operating earnings per share $0.65 to $0.75 . Sees Q3 GAAP earnings per share $0.63 to $0.73 . Sees fy 2016 non-gaap operating earnings per share $2.40 to $2.60 . Q2 GAAP loss per share $2.56 . Q2 revenue $3.4 billion versus i/b/e/s view $3.58 billion . Q2 non-gaap earnings per share $0.56 . Q2 earnings per share view $0.54 -- Thomson Reuters I/B/E/S . Sees fy 2016 GAAP loss per share $0.55 to $0.75 . Q3 earnings per share view $0.82 -- Thomson Reuters I/B/E/S .Fy2016 earnings per share view $2.65 -- Thomson Reuters I/B/E/S.  Full Article

FirstEnergy to recognize pre-tax impairment charges of about $647 mln in Q2 for closure of 2 generating units
Friday, 22 Jul 2016 08:10am EDT 

FirstEnergy Corp : Expects Q2 results to reflect valuation allowance against state, local net operating loss carryforwards of $159 million - SEC filing . Also expects Q2 results will reflect a valuation allowance against state and local net operating loss carryforwards of $159 million . Will recognize pre-tax impairment charges for closure of two generating units of about $647 million in Q2 of 2016 . Co and unit expect that Q2 2016 results will reflect a charge of $58 million from settlement and termination costs on coal contracts .Impact of goodwill impairment,contract settlement,termination costs to not cause co/unit to be in default of credit facilities/debt covenants.  Full Article

FirstEnergy to deactivate units at 2 Ohio power plants
Friday, 22 Jul 2016 07:55am EDT 

FirstEnergy Corp : FirstEnergy to deactivate units at two Ohio power plants . Units 1-4 of company's seven-unit W.H. Sammis plant in Stratton, Ohio - representing 720 MW of capacity - will be retired in May 2020 . FirstEnergy Corp says no job reductions are expected at either plant . Unit will make operational changes to coal-fired units at two of its Ohio plants in response to challenging market conditions . Plans to sell or deactivate 136-megawatt (MW) bay shore unit 1 in Oregon, Ohio, by October 2020 . Will work with any potential buyer to discuss continued employment for 78 employees at Bay Shore, or if plant is deactivated .Does not intend to offer Bay Shore unit 1 and Sammis units 1-4 into PJM capacity auction for 2020-2021 timeframe.  Full Article

FirstEnergy Corp declares unchanged common stock dividend
Tuesday, 15 Mar 2016 11:25am EDT 

FirstEnergy Corp:Declared an unchanged quarterly dividend of 36 cents per share of outstanding common stock.Dividend will be payable June 1 to shareholders of record date as on May 6.  Full Article

FirstEnergy Corp raises FY 2015 EPS guidance
Thursday, 29 Oct 2015 04:20pm EDT 

FirstEnergy Corp:Raised and narrowed FY 2015 operating (non-GAAP) earnings guidance to $2.67 to $2.75 per basic share, from previous range of $2.40 to $2.70 per basic share.FY 2015 EPS of $2.67 - Thomson Reuters I/B/E/S.  Full Article

FirstEnergy Corp declares unchanged common stock dividend
Tuesday, 15 Sep 2015 11:29am EDT 

FirstEnergy Corp:Declares unchanged quarterly dividend of 36 cents per share of outstanding common stock.Payable Dec. 1 to shareholders of record at close of business on Nov. 6.  Full Article

FirstEnergy Corp reaffirms FY 2015 EPS guidance; gives Q3 2015 EPS guidance in line with analysts' estimates
Thursday, 30 Jul 2015 04:15pm EDT 

FirstEnergy Corp:Reaffirms FY 2015 operating (non-GAAP) earnings guidance of $2.40 to $2.70 per basic share.Expects Q3 2015 operating earnings guidance range of $0.82 to $0.92 per basic share.Q3 2015 EPS of $0.92 - Thomson Reuters I/B/E/S.FY 2015 EPS of $2.59 - Thomson Reuters I/B/E/S.  Full Article

FirstEnergy Corp declares unchanged common stock dividend
Tuesday, 21 Jul 2015 12:37pm EDT 

FirstEnergy Corp:Declared an unchanged quarterly dividend of 36 cents per share of outstanding common stock.dividend will be payable Sept 1, 2015, to shareholders of record at the close of business on Aug. 7, 2015.  Full Article

BRIEF-Firstenergy Corp sees FY 2017 basic EPS in range of $2.47-$2.77

* Firstenergy Corp sees FY 2017 basic EPS in range of $2.47 -$2.77 - SEC filing