Headquartered in Akron, Ohio, FirstEnergy Corp. (FE) is a regulated electric utility that generates, transmits, and distributes electricity. The company runs a diversified mix of coal, nuclear, hydroelectric, wind, and solar facilities while maintaining an extensive transmission and distribution network that keeps power flowing across its service territory.
With a market cap of nearly $29.6 billion, the company sits in the “large cap” category reserved for firms valued above $10 billion. The scale gives FirstEnergy the operational reach to deliver electricity to millions of customers across several Midwestern and Mid-Atlantic states, reinforcing its role as a backbone utility in these regions.
