FirstEnergy Corp. (FE), headquartered in Akron, Ohio, generates, transmits, and distributes electricity as well as explores, produces, and distributes natural gas. Valued at $25.5 billion by market cap, the company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities, and provides energy management and other energy related services.
Shares of this electric utility have underperformed the broader market over the past year. FE has gained 7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 26.9%. In 2026, FE stock is down 1.5%, compared to the SPX’s 9.5% rise on a YTD basis.
