With a market cap of $24.9 billion, FirstEnergy Corp. (FE) is a leading diversified energy company that generates, transmits, and distributes electricity across the United States. Operating through its Regulated Distribution, Regulated Transmission, and Other segments, the company serves customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York.
Companies valued more than $10 billion are generally considered “large-cap” stocks, and FirstEnergy fits this criterion perfectly. Its energy portfolio includes coal, nuclear, hydroelectric, wind, and solar facilities, supported by more than 252,000 miles of distribution lines and 24,000 miles of transmission infrastructure.
