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FirstEnergy Corp. Statement On HB 6 Investigation
Firstenergy Updating 2020 GAAP Earnings Forecast To $1,020 Million - $1,130 Million, Or $1.88 - $2.08 Per Share
Firstenergy Reports Q1 Non-GAAP Operating Earnings Per Share Of $0.66
FirstEnergy Corp. is a holding company. The Company is engaged in holding, directly or indirectly, all of the outstanding equity of its principal subsidiaries. Its segments include Regulated Distribution, Regulated Transmission, Competitive Energy Services (CES) and Corporate/Other. As of December 31, 2016, the Regulated Distribution segment distributed electricity through the Company's 10 utility operating companies, serving approximately six million customers, and purchased power for its provider of last resort (POLR), standard offer service (SOS), standard offer service (SSO) and default service requirements in Ohio, Pennsylvania, New Jersey and Maryland. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by American Transmission Systems, Incorporated (ATSI) and Trans-Allegheny Interstate Line Company (TrAIL). The CES segment primarily supplies electricity to end use customers through retail and wholesale arrangements.
76 S Main St
Donald T. Misheff
Non-Executive Independent Chairman of the Board
Steven E. Strah
Charles Edward Jones
Chief Executive Officer, Director
K. Jon Taylor
Chief Financial Officer, Senior Vice President
christine L. Walker
Chief Human Resource Officer, Senior Vice President
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An Ohio resident has filed a class action lawsuit against FirstEnergy Corp and one of its former subsidiaries, claiming that the electric utilities should pay damages for conspiring with the state's former House speaker, who was federally charged with conspiring to bail...
The chief executive of FirstEnergy on Friday defended his company's support of an Ohio bill passed last year to bail out two nuclear power plants, legislation at the center of a federal bribery investigation.
Power company FirstEnergy acted ethically in its support of an Ohio bill to bail out nuclear plants, legislation that is at the center of a federal bribery investigation, the company's chief executive officer said on Friday.
Ohio House Speaker Larry Householder, a Republican, and four other men tied to state politics were arrested on Tuesday in a $60 million federal bribery case stemming from a bill passed last year to bail out the state's nuclear power plants, a U.S. prosecutor said.
* FIRSTENERGY CORP SAYS CEO CHARLES JONES' FY 2019 TOTAL COMPENSATION WAS $9.1 MILLION VERSUS $9.9 MILLION IN FY 2018 - SEC FILING
* FIRSTENERGY CORP SAYS CEO CHARLES JONES' FY 2019 TOTAL COMPENSATION WAS $9.1 MILLION VERSUS $9.86 MILLION IN FY 2018 - SEC FILING
Bankrupt subsidiaries of utility FirstEnergy Corp said in a filing on Sunday that they are meeting environmental remediation obligations relating to the closure of power plants and have resources to continue doing so after a reorganization plan is approved.
A bankrupt subsidiary of utility FirstEnergy Corp won court approval on Friday to sell a power generating station near Lake Erie to Vermillion Power LLC, which had offered $144 million in cash.
Power supplier FirstEnergy Solutions Corp has filed court papers outlining a deal for its parent company and affiliates not involved in its bankruptcy to contribute more than $1 billion of value to its estate.
* PRESS RELEASE - IKKUMA RESOURCES TO SELL NON-CORE MIDSTREAM ASSETS FOR A PURCHASE PRICE OF $30 MILLION
* FIRSTENERGY - PER OBLIGATIONS UNDER ASSET PURCHASE AGREEMENT, ON MAY 3 AE SUPPLY GAVE NOTICE OF OPTIONAL REDEMPTION OF ABOUT $305 MILLION SENIOR NOTES
FirstEnergy Solutions Corp's unsecured creditors on Tuesday sought to join a lawsuit seeking to block regulators from forcing the bankrupt energy supplier to honor contracts that will cost it hundreds of millions of dollars.
* FIRSTENERGY ANNOUNCES AGREEMENT IN PRINCIPLE WITH CREDITORS IN FIRSTENERGY SOLUTIONS' CHAPTER 11 PROCEEDINGS
* Q1 EARNINGS PER SHARE VIEW $0.67 -- THOMSON REUTERS I/B/E/S
A bankrupt subsidiary of utility FirstEnergy Corp could save more than $1 billion by shedding contracts to operate a power-generation unit at a coal plant in Pennsylvania, according to court papers filed on Sunday.
FirstEnergy Corp said late on Saturday its nuclear and coal power plant units filed for bankruptcy court protection as the company looks to restructure, sell assets and win government support to cope with competitors using lower-cost natural gas.
U.S. power company FirstEnergy Corp <FE.N> urged the federal government on Thursday to evoke little-used emergency powers to help it keep several struggling nuclear and coal-fired power plants open, a move critics blasted as an attempt at a corporate bailout.
FirstEnergy Corp called on U.S. Energy Secretary Rick Perry on Thursday to direct the operator of the Mid Atlantic and Midwest power grid to take steps to keep several nuclear and coal-fired power plants in service to maintain the future reliability of the region's electric...
* FIRSTENERGY SOLUTIONS FILES DEACTIVATION NOTICE FOR THREE COMPETITIVE NUCLEAR GENERATING PLANTS IN OHIO AND PENNSYLVANIA
* DAVIS-BESSE NUCLEAR POWER STATION RETURNS TO SERVICE FOLLOWING REFUELING AND MAINTENANCE OUTAGE
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