FirstEnergy's $251 Million Trading Day Lands 433rd Spot Amid Stock Decline and Strategic Investments

On May 14, 2025, FirstEnergy (FE) saw a trading volume of $251 million, marking a 36.68% increase from the previous day. This placed the company at the 433rd position in terms of trading volume for the day. However, FE's stock price declined by 0.22%, marking the third consecutive day of decline, with a total decrease of 3.22% over the past three days.

FirstEnergy has introduced new budget billing plans and energy-saving tools aimed at helping West Virginia residents manage their electric bills, especially during the summer months. These initiatives include various programs designed to reduce cooling costs and enhance energy efficiency.

In addition to budget billing plans, FirstEnergy has unveiled a range of bill assistance programs and payment plans for customers facing financial difficulties. The company is also providing comprehensive energy-saving tips to help customers enhance their home energy management.

FirstEnergy's subsidiaries, Mon Power and Potomac Edison, are actively sharing tips, tools, and programs to assist customers in managing their energy use and budgeting, particularly during periods of high demand. These efforts are part of a broader initiative to support customers year-round.

FirstEnergy has announced significant investments totaling $28 billion between 2025 and 2029. These investments are aimed at creating a smarter and more secure grid, with the goal of meeting and exceeding reliability targets. The company is leveraging advanced LiDAR technology to enhance grid infrastructure and improve overall performance.

FirstEnergy has made key leadership appointments to support its strategic initiatives. Michael Auseré has been named Vice President of Financial Planning and Analysis, effective June 2. In this role, Auseré will oversee financial planning and analysis to drive the company's financial performance. Additionally, Tabrina L. Davis has been appointed as Vice President of Communications, responsible for developing and executing the company's internal and external communications strategies to support its mission and goals.