FirstEnergy Corp
FE: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$86.00 | Tpjyw | Vhdwcdr |
FirstEnergy Management Moving Toward Achieving Constructive Regulatory Outcomes
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. This supports our expectation that the company can achieve the midpoint of management's 6%-8% annual earnings growth target.