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FirstEnergy Corp

FE: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$58.00TphtjmHjxjnsrl

Increased Capital Investment and New Management Give FirstEnergy a Brighter Outlook

Business Strategy and Outlook

FirstEnergy's regulated utilities are focused on accelerating investments that should result in solid earnings growth. The company expects to invest $26 billion through 2028, a 44% increase from the previous five-year capital investment plan, supporting our expectations for the company to achieve the midpoint of management's 6%-8% annual earnings growth target.

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