Edition:
United States

FirstEnergy Corp (FE.N)

FE.N on New York Stock Exchange

36.86USD
4:02pm EDT
Change (% chg)

$0.06 (+0.16%)
Prev Close
$36.80
Open
$36.71
Day's High
$37.08
Day's Low
$36.49
Volume
836,959
Avg. Vol
1,079,704
52-wk High
$38.37
52-wk Low
$29.34

Latest Key Developments (Source: Significant Developments)

FirstEnergy Sets Quarterly Dividend Of $0.36/Share
Tuesday, 18 Sep 2018 11:25am EDT 

Sept 18 (Reuters) - FirstEnergy Corp ::SETS QUARTERLY DIVIDEND OF $0.36PER SHARE.  Full Article

FirstEnergy Corp, FES Creditor Groups, FES Debtors & Unsecured Creditors Committee Entered Into Definitive Settlement Agreement
Monday, 27 Aug 2018 05:31pm EDT 

Aug 27 (Reuters) - FirstEnergy Corp ::FIRSTENERGY CORP - CO, FES CREDITOR GROUPS, FES DEBTORS & UNSECURED CREDITORS COMMITTEE ENTERED INTO DEFINITIVE SETTLEMENT AGREEMENT.FIRSTENERGY CORP - TERMS OF SETTLEMENT AGREEMENT ARE MATERIALLY CONSISTENT WITH TERMS OF AMENDED AGREEMENT IN PRINCIPLE.FIRSTENERGY CORP - ON AUG 26, FES DEBTORS FILED A MOTION WITH BANKRUPTCY COURT SEEKING APPROVAL OF SETTLEMENT AGREEMENT - SEC FILING.FIRSTENERGY CORP - UNDER CERTAIN CIRCUMSTANCES, CO WILL PAY FES DEBTORS $225 MILLION.  Full Article

FirstEnergy - On May 3 AE Supply Gave Notice Of Optional Redemption Of About $305 Mln Senior Notes
Wednesday, 9 May 2018 05:47pm EDT 

May 9 (Reuters) - FirstEnergy Corp ::FIRSTENERGY - PER OBLIGATIONS UNDER ASSET PURCHASE AGREEMENT, ON MAY 3 AE SUPPLY GAVE NOTICE OF OPTIONAL REDEMPTION OF ABOUT $305 MILLION SENIOR NOTES.FIRSTENERGY CORP - AGC OPTIONALLY REDEEMED ITS $100 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES.FIRSTENERGY -AS RESULT OF OPTIONAL REDEMPTIONS "MAKE-WHOLE" PREMIUMS REQUIRED TO BE PAID TO NOTEHOLDERS AND TOTALED ABOUT $90 MILLION - SEC FILING.  Full Article

FirstEnergy Corp Files For Resale Of Up To 59 Mln Shares
Wednesday, 7 Mar 2018 06:00pm EST 

March 7 (Reuters) - Firstenergy Corp ::FIRSTENERGY CORP FILES FOR RESALE OF UP TO 59 MILLION SHARES OF CO'S COMMON STOCK - SEC FILING.FIRSTENERGY CORP - SHARES ARE ISSUABLE UPON CONVERSION OF SHARES OF SERIES A CONVERTIBLE PREFERRED STOCK ISSUED BY CO TO SELLING SHAREHOLDERS.FIRSTENERGY CORP SAYS IT IS NOT OFFERING ANY SHARES FOR SALE; CO WILL NOT RECEIVE ANY PROCEEDS FROM ALES OF SHARES BY SELLING SHAREHOLDERS.  Full Article

FirstEnergy Files Prospectus Related To Offering Of Up To 30.1 Mln Shares Of Common Stock
Tuesday, 6 Mar 2018 06:03pm EST 

March 6 (Reuters) - FirstEnergy Corp ::FIRSTENERGY CORP FILES PROSPECTUS RELATED TO OFFERING OF UP TO 30.1 MILLION SHARES OF CO'S COMMON STOCK BY SELLING SHAREHOLDERS - SEC FILING‍​.  Full Article

FirstEnergy Files For Mixed Shelf With The U.S. SEC
Tuesday, 6 Mar 2018 05:55pm EST 

March 6 (Reuters) - FirstEnergy Corp ::FIRSTENERGY FILES FOR MIXED SHELF WITH THE U.S. SEC, SIZE UNDISCLOSED.  Full Article

‍Firstenergy Says Met-ED Line Crews And Other Personnel Continue To Make Repairs Following Storm​
Monday, 5 Mar 2018 07:18pm EST 

March 5 (Reuters) - Firstenergy Corp ::‍MET-ED LINE CREWS AND OTHER PERSONNEL CONTINUE TO MAKE REPAIRS FOLLOWING SEVERE WINTER STORM​.‍ABOUT 200,000 CUSTOMERS HAVE BEEN RESTORED SINCE STORM FIRST HIT​.‍CURRENTLY, APPROXIMATELY 35,000 CUSTOMERS REMAIN OUT OF SERVICE, WITH MOST DAMAGE BEING IN EASTON AND STROUDSBURG AREAS​.‍MET-ED EXPECTS MAJORITY OF CUSTOMERS TO BE RESTORED TO SERVICE BY LATE TONIGHT​.  Full Article

Firstenergy Announces Q4 GAAP Loss Per Share $5.62
Tuesday, 20 Feb 2018 04:20pm EST 

Feb 20 (Reuters) - Firstenergy Corp ::FIRSTENERGY ANNOUNCES 2017 FINANCIAL RESULTS.Q4 GAAP LOSS PER SHARE $5.62.Q4 REVENUE $3.4 BILLION.SEES FY 2018 NON-GAAP OPERATING EARNINGS PER SHARE $2.25 TO $2.55.Q4 NON-GAAP EARNINGS PER SHARE $0.71.Q4 EARNINGS PER SHARE VIEW $0.68, REVENUE VIEW $3.54 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.50 -- THOMSON REUTERS I/B/E/S.FIRSTENERGY - DURING Q4 RECORDED NON-CASH, PRE-TAX ASSET IMPAIRMENT AND PLANT EXIT COSTS OF $2.4 BILLION, OR $3.38 PER SHARE.FIRSTENERGY - RECOGNIZED Q4 NON-CASH CHARGE TO INCOME TAX EXPENSE OF $1.2 BILLION, OR $2.68/SHARE, RELATED TO U.S. TAX REFORM.  Full Article

FirstEnergy Board Elects Donald Misheff As Chairman
Tuesday, 20 Feb 2018 03:00pm EST 

Feb 20 (Reuters) - FirstEnergy Corp ::FIRSTENERGY BOARD ELECTS DONALD MISHEFF AS CHAIRMAN.SAYS GEORGE M. SMART TO RETIRE FROM THE BOARD.BOARD MEMBER WILLIAM T. COTTLE ALSO PLANS TO RETIRE AT CO'S ANNUAL MEETING ON MAY 15.MANAGEMENT CHANGES WILL REDUCE SIZE OF FIRSTENERGY'S BOARD TO 12 MEMBERS.  Full Article

Firstenergy To Deactivate Pleasants Power Station In West Virginia
Friday, 16 Feb 2018 11:00am EST 

Feb 16 (Reuters) - Firstenergy Corp ::FIRSTENERGY TO DEACTIVATE PLEASANTS POWER STATION IN WEST VIRGINIA.SAYS ‍1,300-MEGAWATT PLANT IN WEST VIRGINIA​ WILL BE SOLD OR CLOSED ON JANUARY 1, 2019.SAYS ‍DECISION TO DEACTIVATE PLANT IMPACTS APPROXIMATELY 190 EMPLOYEES​.SAYS UNIT NOTIFIED PJM INTERCONNECTION OF ITS PLAN TO DEACTIVATE COAL-FIRED PLEASANTS POWER STATION IN WILLOW ISLAND, WEST VIRGINIA​.  Full Article

FirstEnergy unveils $1 bln settlement as cornerstone for bankruptcy exit

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.