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FirstEnergy’s (FE) solid residential customer base, capital activities to develop infrastructure and its focus on reducing…

Sumary of FirstEnergy’s (FE) solid residential customer base, capital activities to develop infrastructure and its focus on reducing…:

  • This story originally appeared on Zacks FirstEnergy Corporation’s FE expanding regulated base and improving transmission lines are likely to boost its earnings.
  • In the past three months, shares of this presently Zacks Rank #3 (Hold) player have gained 13.9%, outperforming the industry’s rise of 4.9%.
  • – Zacks Three Months Price Performance Image Source: Zacks Investment Research What’s Driving the Stock?
  • FirstEnergy’s efforts to extend its regulated generation mix lent consistency to its long-term earnings.
  • FirstEnergy still possesses coal-fired generating plants required to comply with the federal, state and local environmental statutes, thereby elevating its costs.

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