FE — what changed in the latest 10-Q
A section-by-section comparison of FE's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-28 vs the prior 10-Q · 2026-07-28
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +200 | −169 | ~147 | 128 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +13 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Market risk (Item 3)
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-28
FirstEnergy is uniquely positioned to take advantage of data center growth, both in its service territory and across the region. As of October 27, 2026, FirstEnergy has contracted approximately 8 GWs of capacity and was in active negotiations concerning approximately 4 GWs of additional load. FirstE…
FirstEnergy’s customer-focused Energize365 investment plan for 2026 to 2030 is $36 billion, approximately 25% higher than the previous 2025 to 2029 five-year plan, and aims to strengthen the grid, improve reliability and support growing customer demand. Through the Energize365 program, system-wide c…
On September 15, 2026, Fitch affirmed the ratings of FE and all subsidiaries. Fitch also affirmed the outlook of FE and all subsidiaries excluding OE, CEI, and TE whose outlooks were revised to stable.
On October 23, 2026, FE, the Electric Companies, Transmission Companies, and FET, each entered into an amended credit facility to, among other things: (i) extend the maturity date of each credit facility for an additional one-year period (a) from October 20, 2029 to October 18, 2030 for the KATCo cr…
FirstEnergy continues to return value to shareholders. In February 2026, the FE Board declared a $0.02 per share increase in the quarterly cash common stock dividend to $0.465 per share, payable June 1, 2026, representing a 4.5% increase compared to dividends declared in 2025. In September 2026, the…
Text removed vs the prior filing · source: 10-Q · 2026-07-28
FirstEnergy’s customer-focused Energize365 investment plan for the 2026 to 2030 time period is $36 billion, approximately 25% higher than the previous 2025 to 2029 five-year plan, and aims to strengthen the grid, improve reliability and support growing customer demand. Through the Energize365 progra…
planning period, subject to market conditions and other factors. FirstEnergy believes it has optimized its financing plan to retain flexibility in an uncertain interest rate environment.
FirstEnergy continues to return value to shareholders. In February 2026, the FE Board declared a $0.02 per share increase to the quarterly cash common stock dividend to $0.465 per share payable June 1, 2026, which represents a 4.5% increase compared to dividends declared in 2025. Modest dividend gro…
On February 21, 2025, FET, DominionHV and Transource entered into the Valley Link Operating Agreement, which established the general framework for Valley Link and the Valley Link Subsidiaries to accept, design, develop, construct, own, operate and finance those transmission projects awarded by PJM t…
On February 13, 2026, FET and Transource entered into the Grid Growth Operating Agreement, which established the general framework for Grid Growth to accept, design, develop, construct, own, operate and finance certain transmission projects awarded by PJM to certain of the subsidiaries of Grid Growt…
Other information
Text added vs the prior filing · source: 10-Q · 2026-10-28
The information set forth below is included for the purpose of providing disclosure under "Item 1.01 - Entry into a Material Definitive Agreement" and "Item 2.03 - Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant" of Form 8-K.
On October 23, 2026, FE, the Ohio Companies, MP and PE, KATCo, FET and ATSI, MAIT and TrAIL, FE PA, and JCP&L, entered into amendments to their respective credit facilities (collectively, and as amended on October 23, 2026), to, among other things: (i) extend the maturity date of each credit facilit…
October 18, 2029 to October 18, 2030 for the remaining Amended Credit Facilities; and (ii) allow for the option to extend the Credit Agreement by up to two additional one-year periods; and (iii) increase the letters of credit commitment amount from $100 million to $400 million for the MP and PE cred…
The amendments to the Amended Credit Facilities are as follows:
•Amendment No. 5 to Credit Agreement, dated as of October 23, 2026, among FE, as borrower, the banks and other financial institutions party thereto, as lenders, and JPMorgan Chase Bank, N.A., as administrative agent;
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice