FirstEnergy Corp. (FE) is an Akron, Ohio-based electric utility focused primarily on regulated electricity distribution and transmission across the Midwest and Mid-Atlantic regions of the U.S. Valued at $27.1 billion by market cap, the company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities, and provides energy management and other energy-related services.
FirstEnergy has struggled to turn its gains into meaningful market-beating momentum over the past year. FE has gained 7.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 20.2%. In 2026, FE stock is up 5%, compared to the SPX’s 13.2% rise on a YTD basis.
