Recent 8-K filings for FE
Highest-materiality recent filing
FirstEnergy reports 2025 Core EPS $2.55, affirms 2026 guidance, unveils $36B capital plan
- 2025 Core EPS $2.55 (top of raised guidance); GAAP EPS $1.77; revenue $15.1B, up from $13.5B in 2024.
- Affirms 2026 Core EPS guidance $2.62-$2.82, representing ~9% growth from original 2025 guidance midpoint.
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FirstEnergy publishes Spring investor presentation; specific updates not available
Published investor presentation on June 1, 2026, titled 'Focused on Our Future Spring Investor Update'.
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FirstEnergy expands transmission JV partnership with new Valley Link and Grid Growth ventures
Fifth LLC Agreement extends governance to two new transmission JVs: Valley Link and Grid Growth.
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FirstEnergy Q1 GAAP EPS $0.70 vs $0.62 YoY; Core EPS $0.72; reaffirms FY26 guidance
Q1 2026 GAAP net income $405M ($0.70/diluted share) vs $360M ($0.62) in Q1 2025.
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FirstEnergy reports 2025 Core EPS $2.55, affirms 2026 guidance, unveils $36B capital plan
2025 Core EPS $2.55 (top of raised guidance); GAAP EPS $1.77; revenue $15.1B, up from $13.5B in 2024.
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FirstEnergy director Melvin Williams will not stand for re-election at 2026 annual meeting
Williams notified Board on Feb. 8, 2026, that he will not seek re-election at the 2026 Annual Meeting.
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FirstEnergy initiates 2026 Core EPS guidance $2.62-$2.82; 7.5% YoY growth
2026 Core EPS midpoint $2.72, 7.5% above revised 2025 midpoint of $2.53.
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PUCO approves $4.4B rate base, 9.63% ROE for FirstEnergy Ohio utilities
PUCO order sets distribution rate base at $4.4B, ROE 9.63%, and net revenue adjustment of $34M for Ohio companies.
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GAAP EPS $0.76 (Q3), $1.85 YTD; Core EPS $0.83 (Q3), $2.02 YTD – 15% YoY increase in YTD Core.
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FirstEnergy amends executive severance plans, adds CEO to plan, boosts change-in-control pay
CEO now eligible for Executive Severance Plan with 1.5x base salary severance for qualified separation, effective Jan 1, 2026.
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FirstEnergy Q2 Core EPS $0.52 beats prior year $0.51; affirms FY2025 guidance upper half
Q2 2025 GAAP EPS $0.46, Core EPS (non-GAAP) $0.52 vs $0.51 in Q2 2024.
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FirstEnergy modifies LTIP awards: replaces Operating EPS with Core EPS KPI for 2025-2026 periods
Board approved replacing Operating EPS KPI with Core EPS KPI for outstanding 2023-2025 and 2024-2026 LTIP awards for periods after Dec 31, 2024.
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FirstEnergy closes $2.5B convertible note offering; plans $1.2B buyback of 2026 notes
Issued $1.35B of 3.625% convertible notes due 2029 and $1.15B of 3.875% notes due 2031.
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FirstEnergy prices $2.15B of convertible notes due 2029 and 2031
Priced $1.15B of 3.625% notes due 2029 and $1.0B of 3.875% notes due 2031; greenshoe up to $350M additional.
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FirstEnergy proposes $1.8B convertible note offering to refinance 2026 notes and debt
Offers $950M 2029 convertible notes and $850M 2031 convertible notes; underwriters may purchase up to $150M additional of each.
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FirstEnergy annual meeting: all directors elected, say-on-pay passes, lobbying proposal fails
All 10 director nominees elected with strong support; Paul Kaleta received ~80M against votes (16.5% withheld).
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FirstEnergy Q1 GAAP EPS $0.62, Core EPS $0.67; affirms FY 2025 guidance
GAAP earnings $360M ($0.62/share) vs $253M ($0.44) in Q1 2024; revenue $3.8B vs $3.3B.
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FirstEnergy to reduce workforce by less than 3%, reassign 200 employees in restructuring
Organizational changes announced March 24, 2025, to align with new business model.
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FirstEnergy reports 2024 Core EPS $2.37 (+8% YoY); expands Energize365 to $28B through 2029
Full year 2024 GAAP EPS $1.70, Operating EPS $2.63 (guidance range), Core EPS $2.37 (up 8% from $2.20 in 2023).
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FirstEnergy appoints CEO Brian Tierney as Board Chair effective Jan. 1, 2025
CEO Brian X. Tierney elected Chair of the Board effective Jan. 1, 2025, replacing John W. Somerhalder II.
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FirstEnergy withdraws Ohio ESP V, targets new plan by early 2025; $26B capex plan reaffirmed
Withdrew Ohio ESP V on Oct 29; will revert to ESP IV and file ESP VI plus base rate case by early 2025.
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FirstEnergy Q3 operating EPS $0.85 in line; narrows FY guidance to $2.61-$2.71, ups capex to $4.6B
Q3 GAAP EPS from continuing ops $0.73 (vs $0.74 YoY); operating (non-GAAP) EPS $0.85 (vs $0.88), within guidance.
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FirstEnergy settles SEC probe for $100M penalty over Ohio bribery scheme
FirstEnergy pays $100M civil penalty to resolve SEC investigation; penalty fully reserved in Q2 2024.
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FirstEnergy resolves Ohio HB6 investigations with $20M settlement; avoids criminal charges
FirstEnergy will pay $19.5M to Ohio AG plus $500K for independent compliance consultant, totaling $20M.
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FirstEnergy Q2 operating EPS $0.56, above guidance; reaffirms FY24 outlook
Operating EPS $0.56, up 19% YoY and above midpoint of $0.46-$0.56 guidance.
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USAO confirms FirstEnergy completed all 3-year DPA obligations; reporting duties ending Aug 21
USAO filed status report on July 21, 2024, acknowledging FirstEnergy successfully completed required DPA obligations.
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CapEx grows from $4.3B in 2024 to $6.2B in 2028, ~75% under formula rate recovery.
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FirstEnergy annual meeting elects all 10 directors; three shareholder proposals defeated
All 10 director nominees elected with 480M-492M votes for; highest support for Brian Tierney (492.2M).
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FirstEnergy Q1 operating EPS $0.55 above midpoint; affirms FY2024 outlook
GAAP EPS $0.44 vs $0.51 YoY; operating (non-GAAP) EPS $0.55 vs $0.60, above Q1 guidance midpoint.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.80 · Median 0.65 · Most common event other_material