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FirstEnergy Corp (FE) Q1 2021 Earnings Call Transcript


Greetings and welcome to the FirstEnergy Corp First Quarter 2021 Earnings Conference Call. [Operator Instructions]
It s now my pleasure to introduce your host, Irene Prezelj, Vice President, Investor Relations for FirstEnergy Corp. Thank you. Ms. Prezelj, you may begin.
Irene M. Prezelj
Thank you. Good morning everyone and welcome to our first quarter earnings call.
Today we will make various forward-looking statements regarding revenues, earnings, performance, strategies, prospects and other matters. These statements are based on current expectations and are subject to risks and uncertainties. Factors that could cause actual results to differ materially from those indicated by these statements can be found on the Investors section of our website under the Earnings Information link and in our SEC filings. ....

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Build a Slow Position in FirstEnergy As Utilities Giant Rebuilds Trust


Build a Slow Position in FirstEnergy As Utilities Giant Rebuilds Trust
InvestorPlace
2/24/2021
Oftentimes, retirees will own shares of a large utilities company like
FirstEnergy (NYSE:
FE) as an alternative to government bonds. However, while FE stock does indeed offer excellent yield, it’s anything but boring.
© Provided by InvestorPlace
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There was a time when FE stock relentlessly powered its way upwards, only to crash to gut-wrenching lows. And, the share-price collapse can’t simply be blamed on the Covid-19 pandemic.
The recent history of FirstEnergy involves a scandal, as well as a newly appointed board member who might be able to help put the pieces back together. ....

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FirstEnergy Jumps on Disclosure Icahn Plans to Purchase Voting Shares


Original:
Shares of power company FirstEnergy  (
FE) - Get Report jumped Thursday after the firm disclosed it had received a letter from activist investor Carl Icahn saying that his firm intends to acquire voting shares in the company. 
FirstEnergy said it received a letter dated Feb. 16 from Icahn Capital saying that it has a good faith intention to acquire shares worth more than $184 million but less than $919.9 million. 
The Akron, Ohio company said it does not know whether Carl Icahn and his affiliates have acquired the shares already, nor does it know his intentions with respect to FirstEnergy, according to a regulatory filing with the Securities and Exchange Commission on Thursday.  ....

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