Business Summary
FirstEnergy Corp. (FE) is one of the nation's largest investor-owned electric systems, principally involved in the transmission, distribution, and generation of electricity, serving over six million customers across approximately 65,000 square miles in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. The company operates through three segments: Distribution ($11.1B rate base), Integrated ($10.2B rate base covering distribution, transmission, and 3,610 MW of regulated generation), and Stand-Alone Transmission ($5.4B FE-owned rate base), with a total rate base of approximately $21.3 billion as of December 31, 2025.
Products & Services
- Electric distribution services to over 6 million customers across 6 states through regulated operating subsidiaries (OE, CEI, TE, FE PA, JCP&L, PE, MP)
- High-voltage transmission services through FET subsidiaries (ATSI, MAIT, TrAIL) and KATCo, comprising 24,000+ miles of transmission lines in the PJM Region
- Regulated electric generation: 3,610 MW capacity controlled by MP...
AI-generated summary of Item 1 (Business) from the 10-K filed Feb 18, 2026 — View filing on SEC.gov. May contain errors — refer to the filing for authoritative information.
Across SEC filings
Institutional holders · 13F
Q2 2026| Largest holders | Reported value |
|---|---|
| Capital World Investors | $3.7B |
| BlackRock Inc | $2.4B |
| STATE STREET CORPORATION | $1.9B |
| VANGUARD CAPITAL MANAGEMENT LLC | $1.7B |
| Blackstone Inc | $1.4B |
Annual results · 10-K
Fiscal 2025- Revenue
- $15.1B
- Net income
- $1.0B
As reported in the fiscal 2025 annual report.
Funds & ETFs · N-PORT
Securities
Insider trades · Form 4
Latest filings
- Paul J Kaleta 2026-10-05 Award
- Leslie M Turner 2026-10-05 Award
- John W Somerhalder II 2026-10-05 Award
- James F Oneil 2026-10-05 Award
- Lisa Winston Hicks 2026-10-05 Award
5%+ holders · 13D/G
4 filers| Filer | % of class | Filed |
|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G | 7.0% | 2026-04-29 |
| Blackstone Holdings III L P 13D | 5.0% | 2025-08-22 |
| Capital World Investors 13G | 13.6% | 2025-08-13 |
| GIC Private Ltd 13G | 5.0% | 2025-04-14 |
Latest Schedule 13D or 13G from each filer; stakes a filer has reported closed are left out.