Energy supply: 85%
Renewable energies: 10%
Other services: 5%

TOP 3 Markets:

1. Ohio: 40%
2. Pennsylvania: 30%
3. New Jersey: 20%

FirstEnergy Corp. generates the majority of its revenue from energy supply, with a focus on providing electricity to households and businesses. Renewable energies are gaining importance, but currently represent a smaller share.

FirstEnergy's main markets are the states of Ohio, Pennsylvania, and New Jersey, which together account for 90% of its revenue. Ohio is the largest market, attributed to its high population density and industrial demand.

Production sites: Several states in the USA, including Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York.

FirstEnergy Corp. is a utility company mainly engaged in electricity generation and distribution. The company operates a variety of power plants, including coal, natural gas, nuclear, and renewable energy facilities located in various states of the USA. This geographical diversification enables FirstEnergy to serve a broad customer base and ensure a stable energy supply.

Revenue growth: 4.5% (2024) Investments in renewable energies: 1.2 billion USD (2024-2025)

FirstEnergy Corp. is pursuing a strategy that focuses heavily on modernizing infrastructure and expanding renewable energies. The company plans to increase its investments in renewable energies and the modernization of the power grid to meet the growing demands for sustainable energy supply.

An essential part of the growth strategy is to improve grid reliability and efficiency through the use of modern technologies. In addition, FirstEnergy relies on partnerships and collaborations to develop innovative solutions and promote the integration of renewable energies into its grid.

Through these measures, FirstEnergy aims to strengthen its market position and support the transition to a lower-carbon energy future. This is intended not only to lead to stable revenue growth but also to secure the company's competitiveness in the long term.

Main raw materials: Coal, natural gas, uranium

Countries of origin:

• Coal: USA (domestic, as FirstEnergy operates mainly in the USA)
• Natural gas: USA (domestic, from local suppliers)
• Uranium: Canada, Australia

FirstEnergy Corp., as a significant energy supply company in the USA, mainly sources its raw materials from domestic origins, especially coal and natural gas, to minimize transportation costs and ensure supply security. Uranium, needed for nuclear energy generation, is often imported from Canada and Australia, as these countries are among the largest producers worldwide and maintain stable political relations with the USA.

Market share in the utility sector: 5.2% (2024)

Customer satisfaction: 78% (J.D. Power 2024)

Investments in renewable energies: 1.5 billion USD (2023)

FirstEnergy Corp. has a solid competitive advantage in the utility sector, especially due to its strong market presence in the regions it serves. The company holds a market share of about 5.2% in the U.S. utility sector, which represents a significant position.

Another advantage is the continuous investment in renewable energies, with 1.5 billion USD in 2023, positioning the company well for the future as the demand for sustainable energy sources increases.

Customer satisfaction stands at 78%, indicating good service quality, but there is room for improvement to further differentiate from the competition. Overall, FirstEnergy remains competitive but needs to continue investing in technology and infrastructure to maintain its lead.

Institutional investor share: approx. 75% (estimated, based on typical values for large US utilities)

Insider purchases/sales: No significant changes reported (2025, estimated)

The institutional investor share in FirstEnergy Corp. typically stands at around 75%, which is common for large publicly traded utilities in the USA. These investors include pension funds, investment funds, and other major financial institutions seeking stable returns in defensive sectors.

Regarding insider purchases or sales, there have been no significant changes or transactions reported in 2025. This suggests that the management and other insiders have not made significant changes to their stake in the company, which is often interpreted as a sign of stability or confidence in the current corporate strategy.

Market share of FirstEnergy Corp.: Estimated 5% (2025)

Main competitors and their market shares:

1. Duke Energy - 10%
2. NextEra Energy - 9%
3. Southern Company - 8%
4. Exelon Corporation - 7%
5. Dominion Energy - 6%
6. FirstEnergy Corp. - 5%
7. American Electric Power - 4%
8. PG&E Corporation - 3%
9. PPL Corporation - 2%
10. Entergy Corporation - 2%

Moat of FirstEnergy Corp.:

FirstEnergy Corp. has a moderate moat, mainly defined by its geographical presence and existing infrastructure in the regions it serves. Access to a broad customer base and long-term supply contracts provide some protection against new market entrants.

However, compared to its competitors, FirstEnergy does not have a significant technological or cost advantage. Companies like NextEra Energy and Duke Energy have a stronger moat due to their investments in renewable energy and innovative technologies. These investments enable them to operate more efficiently and better adapt to future market requirements.

In summary, while FirstEnergy has a certain moat, the competition is better positioned in certain areas to secure long-term competitive advantages.

Revenue Growth: 3.8% (2024) Profit Growth: 4.5% (2024) Dividend Yield: 4.2% (2024)

FirstEnergy Corp. recorded a moderate revenue growth of 3.8% in 2024, indicating stable demand for its services in the energy sector. The profit growth of 4.5% shows that the company was able to effectively manage its costs and increase its profitability.

The dividend yield of 4.2% is attractive to investors seeking regular returns, especially in a low-interest rate environment. This suggests that FirstEnergy could be a reliable income source for dividend investors.

Additionally, the company has invested in modernizing its infrastructure in recent years, which could improve the efficiency and reliability of its services in the long term. These strategic investments could further strengthen FirstEnergy's growth potential.

Overall, FirstEnergy Corp. could be a good investment opportunity for investors interested in stable returns and moderate growth. The long-term infrastructure investments and solid dividend policy are positive indicators for the company's future.

Dividend yield: 3.8% (estimated for 2025)
Dividend history: Stable payout in recent years

FirstEnergy Corp. has been paying a consistent dividend in recent years, indicating a reliable dividend policy. The estimated dividend yield of 3.8% for 2025 is in line with the industry average, showing that the company aims to provide its shareholders with continuous returns.

The stability of the dividend is supported by the company's solid financial foundation. FirstEnergy has demonstrated in the past its ability to pay dividends even in economically challenging times. Analysts expect the company to continue its dividend policy unless significant negative changes occur in its operational business.