NYSE:FEElectric Utilities
FirstEnergy (FE) valuation check as $276 million House Bill 6 settlement deal seeks to clear regulatory overhang
FirstEnergy (FE) is back in the spotlight after agreeing to a roughly $276 million settlement tied to the House Bill 6 scandal, a deal that could finally clear major regulatory overhangs for investors.
See our latest analysis for FirstEnergy.
The settlement headlines land after a choppy few months, with a roughly 5.7% 1 month share price return decline, but a still solid double digit year to date share price gain and a roughly 84% 5 year total shareholder return suggesting that longer term...