Back to today’s briefing

Story perspectives

FirstEnergy Surges: Earnings Beat Estimates, Barclays Upgrades Stock

9/30/2025

39 8 Full Breakdown

Summary

Story summary

FirstEnergy Corporation trades at $45.47 with institutional investors owning 89.41%.
In the latest quarter, FirstEnergy earned $0.52 per share, beating estimates; revenue was $3.40 billion.
Barclays upgraded FirstEnergy to overweight and raised its target to $49.00.
The Pennsylvania Public Utility Commission notes progress on 15 audit recommendations and $174 million in savings.

History

Historical Context

The California electricity crisis in 2001 prompted significant regulatory reforms in the energy sector, highlighting the need for oversight. FirstEnergy Corporation, formed from the merger of Ohio Edison and Centerior Energy in 1997, reported $3.40 billion in revenue. The Pennsylvania Public Utility Commission's $174 million savings from audits reflects ongoing efforts to enhance efficiency and accountability in energy management.

1 of 2

Story summary

FirstEnergy Corporation trades at $45.47 with institutional investors owning 89.41%.
In the latest quarter, FirstEnergy earned $0.52 per share, beating estimates; revenue was $3.40 billion.
Barclays upgraded FirstEnergy to overweight and raised its target to $49.00.
The Pennsylvania Public Utility Commission notes progress on 15 audit recommendations and $174 million in savings.

1 / 2