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FirstEnergy Corporation Company Snapshot
Business Description:
FirstEnergy Corporation operates in the Electric services sector. FirstEnergy Corp.is a holding company, which holds directly or indirectly eight principal electric utility operating subsidiaries: Ohio Edison Company, The Cleveland Electric Illuminating Company, The Toledo Edison Company, Jersey Central Power & Light Company, Metropolitan Edison Company and Pennsylvania Electric Company; and of its generating and marketing subsidiary, FirstEnergy Solutions Corp. On February 25, 2011, the Company and Allegheny Energy, Inc. consummated the merger (the Merger) of Element Merger Sub, Inc., a wholly owned subsidiary of FirstEnergy (Merger Sub) with and into Allegheny Energy, with Allegheny Energy surviving the Merger as a wholly owned subsidiary of FirstEnergy. In October 2011, Gunvor Group, Ltd. acquired 33% interest in the Signal Peak coal mine of the Company. In October 2011, the Company's subsidiary FirstEnergy Generation Corp., sold Richland Plant in Defiance, Ohio, and its Stryker Plant in Stryker, Ohio, to Richland-Stryker LLC. In our complete report available for purchase the company is compared to: American Electric Power Company, Inc., Dominion Resources, Inc. and Edison International.
   
   
 
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FirstEnergy Corporation
  Stock Performance Chart for FirstEnergy Corporation
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 43.53
(Figures in U.S. Dollars)
1 Week 3.0%   13 Weeks 3.1%  
4 Weeks -4.4%   52 Weeks 9.8%  
 
FirstEnergy Corporation Key Data:
  Ticker: FE Country: UNITED STATES
  Exchanges: NYSE FRA Major Industry: Utilities
    Sub Industry: Electric Power Companies
  2010 Sales 13,790,000,000
(Year Ending Jan 2011).
Employees: 13,330
  Currency: U.S. Dollars Market Cap: 18,204,961,503
  Fiscal Yr Ends: December Shares Outstanding: 418,216,437
  Share Type: Common Closely Held Shares: 90,503,291
 
 
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