FIRSTENERGY CORP
Ticker: FEUtilitiesElectric, Gas & WaterS&P 500The business
FirstEnergy Corp. (NASDAQ: FE) operates as one of the nation's largest investor-owned electric utility systems, serving over six million customers across the Midwest and Mid-Atlantic regions. The company's website is located at www.firstenergycorp.com.
FirstEnergy's core business involves the transmission, distribution, and generation of electricity through a diversified portfolio of regulated subsidiaries. The company operates across three primary reportable segments. The Distribution segment consists of Ohio Companies and FirstEnergy Pennsylvania Electric Company, representing an $11.1 billion rate base and serving approximately 4.3 million customers in Ohio and Pennsylvania. The Integrated segment includes Jersey Central Power & Light Company, Monongahela Power Company, and Potomac Edison Company, representing a $10.2 billion rate base and serving approximately two million customers in New Jersey, West Virginia, and Maryland, while also operating 3,610 megawatts of regulated generation capacity. The Stand-Alone Transmission segment, consisting of FirstEnergy Transmission and Keystone Appalachian Transmission Company, represents a $5.4 billion FirstEnergy-owned rate base and operates high-voltage transmission facilities across the PJM region.
FirstEnergy's service territory encompasses approximately 65,000 square miles across Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York, serving a population of approximately 14 million. The company operates more than 24,000 miles of transmission lines and maintains two regional transmission operation centers. As of December 31, 2025, FirstEnergy employed 11,186 employees located throughout the United States, with approximately 44 percent represented by unions including the International Brotherhood of Electrical Workers and the Utility Workers Union of America.
The company's business model centers on regulated utility operations with cost-based rate structures established by state and federal regulatory authorities. FirstEnergy's competitive advantages include its extensive transmission and distribution infrastructure, diversified geographic footprint, established regulatory relationships, and integrated operations combining generation, transmission, and distribution capabilities. The company continues to invest substantially in infrastructure modernization and grid reliability improvements across its service territories.
- Sector
- Utilities
- Industry
- Electric, Gas & Water
- HQ
- AKRON, OH
- FY end
- 12-31
- CIK
- 1031296
- SIC
- 4911
Ownership
Who holds FIRSTENERGY CORP — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| Income Fund of America AMECX | 0.79% | $1.16B |
| Washington Mutual Investors Fund AWSHX | 0.51% | $1.09B |
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.04% | $827.14M |
| American Funds Fundamental Investors ANCFX | 0.45% | $824.32M |
| VANGUARD 500 INDEX FUND VOO · VANGUARD INDEX FUNDS | 0.04% | $641.38M |
Bonds held by funds
Funds report holding 28 issues of FIRSTENERGY CORP's debt, $2.43B at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 3.85%, maturing 2027–2050.
| Issue | Coupon | Matures | Funds | Fund-held |
|---|---|---|---|---|
| FIRSTENERGY CORP | 3.900% | 2027-07-15 | 133 | $447.14M |
| FIRSTENERGY CORP | 2.650% | 2030-03-01 | 77 | $217.52M |
| FIRSTENERGY CORP | 2.250% | 2030-09-01 | 68 | $185.20M |
| FirstEnergy Corp., Conv. | 3.875% | 2031-01-15 | 20 | $182.28M |
| Jersey Central Power & Light Co. | 5.100% | 2035-01-15 | 90 | $164.07M |
| FIRSTENERGY CORP | 3.400% | 2050-03-01 | 63 | $163.05M |
| JERSEY CENTRAL POWER LIGHT CO | 2.750% | 2032-03-01 | 62 | $118.10M |
| Jersey Central Power & Light Co | 4.150% | 2029-01-15 | 30 | $107.45M |
| FIRSTENERGY PENN | 4.550% | 2031-03-15 | 25 | $82.63M |
| FIRSTENERGY PENN | 4.300% | 2029-01-15 | 23 | $82.43M |
The 10 largest by fund-held value, of 28.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
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