Stock Price Forecast

April 12, 2024


Forecasted Returns

7 Days Predict

30 Days Predict

90 Days Predict


Forecasted Market-Excess Returns

7 Days Predict

30 Days Predict

90 Days Predict

Loading US ENERGY CORP chart...

About the Company

FirstEnergy Corp. is an electric utility headquartered in Akron, Ohio. It was established when Ohio Edison merged with Centerior Energy in 1997. Its subsidiaries and affiliates are involved in the distribution, transmission, and generation of electricity, as well as energy management and other energy-related services. Its ten electric utility operating companies comprise one of the United States' largest investor-owned utilities, based on serving 6 million customers within a 65,000-square-mile (170,000 km2) area of Ohio, Pennsylvania, West Virginia, Virginia, Maryland, New Jersey, and New York. Its generation subsidiaries control more than 16,000 megawatts of capacity, and its distribution lines span over 194,000 miles. In 2018, FirstEnergy ranked 219 on the Fortune 500 list of the largest public corporations in the United States by revenue.In November 2016, FirstEnergy made the decision to exit the competitive power business, and become a fully regulated company. On July 21, 2020, Speaker of the Ohio House of Representatives, Larry Householder, former Ohio Republican Party Chairman Matt Borges, and three others were accused of accepting $60 million in bribes from FirstEnergy in exchange for $1.3 billion worth of benefits in the form of Ohio House Bill 6, as part of what became known as the Ohio nuclear bribery scandal. The stock price of the company plummeted within hours of the arrests being made. On July 22, 2021, the U.S. Attorney for the Southern District of Ohio announced that FirstEnergy would be fined $230 million for their part in the scandal. This was the largest criminal fine ever collected by the Southern District.

Exchange

Nasdaq

$88M

Total Revenue

4

Employees

$33M

Market Capitalization

-1.54

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

Loading the fundamentals chart...

Latest $USEG News

US power, tech companies lament snags in meeting AI energy needs

on MSN ago, source:

U.S. electrical systems are not expanding fast enough to meet rapidly growing power needs of technology like Generative AI, ...

EIA: US LNG to lead continued natural gas export growth

5h ago, source: Oil

The US Energy Information Administration’s most recent Short-Term Energy Outlook forecast that US LNG exports will continue ...

Azincourt Energy Corp. Announces Private Placement

12m ago, source:

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British ...

Allied Energy Corporation provides update on their Bitcoin Mining Joint-Venture Project

10h ago, source:

Allied Energy Corporation and Enegix Global have reached a significant milestone in their Bitcoin mining project, with construction commencing at their Brenham, Texas location on April 2nd, 2024. The ...

The US now has an actual plan to connect clean energy to the grid

1d ago, source: Electrek

The US Department of Energy has just released its first-ever roadmap to speed up the connection of more clean energy to the ...

GOP senator grills Biden's energy secretary on release of US oil reserves: 'historically low levels'

on MSN ago, source:

Mo., had a tense exchange with Energy Secretary Jennifer Granholm, whom he accused of coordinating the release of the U.S.

Energy and Water Development Corp. Secures US Patent Application for Innovative Water Generation Technology

11h ago, source:

Energy and Water Development Corp. is a global leader in engineering solutions, specializing in sustainable technologies that address critical water and energy challenges. With a presence in Germany, ...

Constellation Energy Corporation (CEG) Registers a Bigger Fall Than the Market: Important Facts to Note

2h ago, source: Zacks.com on MSN

Constellation Energy Corporation (CEG) closed the most recent trading day at $183.86, moving -0.83% from the previous trading session. This change lagged the S&P 500's daily loss of 0.22%. Meanwhile, ...

A century-old Phoenix energy industry company is going public

on MSN ago, source:

Centuri Holdings is going public after splitting from Southwest Gas. The company has been in business in Arizona since 1909.

Siemens Energy Among Recipients of $2 Billion Green Tax Credits

5h ago, source:

Renewable energy company Siemens Energy Inc. and Danish electrolyzer manufacturer Topsoe A/S are among dozens of recipients of around $2 billion in clean energy tax credits set to be announced Friday ...

Greenenergybreaks Energy And Water Development Corp. (EAWD) Files US Patent Application For Breakthrough Water Generation Technology

4h ago, source:

Energy and Water Development Corp. (OTCQB: EAWD) , renowned for its sustainable water and energy solutions, today announced the filing of its U.S. N ...

Canadian EV charging company Swtch Energy raises US$27.2 to scale up

6h ago, source: canada.autonews

Swtch Energy Inc. has raised US$27.2 million in fresh funding to scale up in Canada and the United States, as ...

Latest Neutral (free) Forecasts

STRONG BUY BUY NEUTRAL SELL STRONG SELL ALL

Loading the latest forecasts...

My Portfolio

Loading your portfolio...