Overview
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Description
FirstEnergy Corp. is an investor-owned holding company operating in the utilities sector, primarily focused on the transmission, distribution, and generation of electricity. It serves customers across five mid-Atlantic and Midwestern states through its subsidiaries, which manage regulated electric utilities. A key feature is its ownership and operation of one of the nation's largest electric transmission systems, alongside extensive distribution infrastructure that supports reliable power delivery. The company is structured into segments including Distribution, Integrated, and Stand-Alone Transmission, emphasizing grid modernization, reliability enhancements, and resiliency improvements. FirstEnergy Corp. plays a vital role in the regulated electric utility industry by maintaining and upgrading high-voltage transmission and distribution networks to meet regional energy demands. Headquartered in Akron, Ohio, it remains a significant participant in the U.S. energy market, delivering essential services to residential, commercial, and industrial consumers.
About
CEO
Mr. Brian X. Tierney
Employees
11186
Address
341 White Pond Drive
Akron, 44320, OH
United States
Akron, 44320, OH
United States
Phone
800-736-3402
Website
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Regulated Electric
Country
Germany
MIC code
XDUS