FRVO
FERVO ENERGY-A (FRVO)
NASDAQ
$8.07+$0.03 (+0.31%)
Price as of Oct 23, 2026 7:59 PM EDT
  • $2.3B
    Market Cap
  • N/A
    1-Year Change
  • Utilities - Renewable
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: N/A
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Latest Research & News

Beneficient Investor News: If You Have Suffered Losses in Beneficient, You Are Encouraged to Contact The Rosen Law Firm About Your Rights

The Rosen Law Firm has announced investigations into potential securities claims against multiple companies including Beneficient (NASDAQ: BENF), Triller Group Inc., and Fervo Energy Company, alleging that these firms may have issued materially misleading business information to investors. The firm is preparing class action lawsuits seeking recovery of investor losses through contingency fee arrangements.

10/16/2026, 10:04 PM • GlobeNewswire

FRVO Investor News: If You Have Suffered Losses in Fervo Energy Company, You Are Encouraged to Contact The Rosen Law Firm About Your Rights

The Rosen Law Firm has announced investigations into potential securities claims against multiple companies including Fervo Energy Company (NASDAQ: FRVO), Triller Group Inc., and Azenta, Inc., alleging that these companies may have issued materially misleading business information to investors. The firm is preparing class action lawsuits seeking recovery of investor losses through contingency fee arrangements.

10/16/2026, 9:37 PM • GlobeNewswire

FERVO ENERGY COMPANY INVESTIGATION: FRVO Securities Investors Encouraged to Contact Kirby McInerney LLP About Their Rights

Law firm Kirby McInerney LLP is investigating potential securities law violations by Fervo Energy Company (NASDAQ: FRVO). The investigation was prompted by the company's August 2026 earnings report citing transmission curtailment issues, which caused a 16.6% stock decline, and a subsequent October 2026 Morpheus Research report alleging Fervo failed to disclose material issues including production temperature inconsistencies, thermal decline, water loss, and seismic damage at its Cape Station pilot plant. The report suggests the company may have presented altered data in its IPO registration statement.

10/12/2026, 6:20 PM • GlobeNewswire

Fervo Energy Company (FRVO) Faces Investor Scrutiny Amid Post-IPO Transmission Curtailment Revelation – HBSS

Fervo Energy Company's stock plummeted 16% after revealing on its Q2 2026 earnings call that it expects temporary transmission infrastructure shutdowns affecting its Cape Station project, reducing 2027 revenue estimates to $60-80 million. Shareholders rights firm Hagens Berman has opened an investigation into whether Fervo adequately disclosed this curtailment risk in its IPO documents filed in May 2026.

10/01/2026, 12:58 PM • GlobeNewswire

Fervo Energy Declares Commercial Operation at Cape Station Ahead of Schedule, Leading the Race for Next-Generation Geothermal Energy

Fervo Energy announced that its Cape Station geothermal power plant in Utah has reached commercial operation ahead of schedule, achieving 33 MW of net power production and generating revenue under its power purchase agreement. The first GeoBlock was completed in 23 months, with the company targeting an 18-month timeline for future projects. Phase I comprises approximately 100 MW across three GeoBlocks, with the remaining two expected to reach commercial operation by January 1, 2027, while Phase II's 400 MW is under construction with an expected 2028 completion date.

10/01/2026, 7:00 AM • GlobeNewswire

Google Just Locked Up the Largest Geothermal Power Deal Ever Made.

Fervo Energy signed a massive geothermal power deal with Google to supply 396 MW of electricity from its Cape Station project in Utah starting in 2028, with an option to expand to 1 GW by mid-2030. The agreement addresses the critical need for reliable, clean power to support AI data center expansion and validates Fervo's enhanced geothermal technology model.

09/01/2026, 2:12 PM • The Motley Fool

The Energy IPO Boom Is Just Getting Started. Here Are the Companies to Watch.

AI data centers are driving unprecedented electricity demand, with projections showing 26% surge in data center consumption by 2026. This has sparked an energy IPO boom, with Solv Energy, X-energy, and Fervo Energy going public this year. These companies, along with private firms like TerraPower and Commonwealth Fusion Systems, are developing next-generation power solutions including advanced nuclear reactors, geothermal systems, and fusion technology to meet the critical power supply bottleneck facing major tech companies.

07/31/2026, 6:10 AM • The Motley Fool

3 Energy Stocks Racing to Fix AI’s Power Problem

As AI data centers demand rapid power solutions, geothermal energy emerges as the fastest and cheapest alternative to nuclear and solar. Three companies are positioned to capitalize: Fervo Energy (recently IPO'd with Google contracts), Ormat Technologies (established operator with 50% revenue growth), and Baker Hughes (supplies drilling equipment). The sector remains undervalued as Wall Street focuses on nuclear and solar headlines.

07/15/2026, 2:28 PM • Investing

Fervo Energy Learning Curve Continues on 3rd Generation Well Design, Boosting Drilling Rates by 143% Since Its First Cape Station Well

Fervo Energy announced that its Sawtooth 7 well reached total depth in 21 days, matching its fastest drilling pace while being substantially deeper, hotter, and longer than previous designs. The company has achieved a 70% reduction in drilling time compared to its first commercial well in 2022, with the 3.0 well design utilizing 7,500-foot laterals at 460°F. Fervo expects Cape Phase II to deliver power at $5,500 per kilowatt and remains committed to achieving $3,000 per kilowatt.

07/08/2026, 6:06 PM • GlobeNewswire

Focus sur la géothermie

Vallourec, a global leader in premium seamless tubular solutions, held a geothermal focus presentation on June 15, 2026, outlining its strategic positioning in conventional and next-generation geothermal energy. The company projects a significant addressable market of approximately 400,000 tonnes by decade's end and aims for the New Energy segment to contribute 10-15% of group revenue by 2030. Recent wins with Fervo Energy and XGS Energy demonstrate market traction, leveraging Vallourec's oil and gas expertise and R&D capabilities to develop specialized solutions for geothermal applications.

06/15/2026, 1:00 AM • GlobeNewswire

Vallourec Geothermal Deep Dive

Vallourec, a premium steel tubular solutions provider, is hosting a Geothermal Deep Dive presentation on June 15, 2026, to discuss its growing role in geothermal energy development. The company aims to reach 10-15% of group EBITDA from New Energies by 2030, with an addressable geothermal market potentially reaching 400,000 tonnes by decade's end. Recent partnerships with Fervo Energy and XGS Energy demonstrate accelerating momentum in next-generation geothermal technologies.

06/15/2026, 1:00 AM • GlobeNewswire

Fervo Energy to Report First Quarter 2026 Results on June 22, 2026

Fervo Energy Company (NASDAQ: FRVO), a leading Enhanced Geothermal Systems (EGS) power producer, announced it will release first quarter 2026 financial and operational results on June 22, 2026, followed by a webcast and conference call at 10:00 a.m. ET to discuss results with investors.

06/12/2026, 7:00 AM • GlobeNewswire

Zscaler, AutoZone, And Regencell Are Among Top 10 Large-Cap Losers Last Week (May 25-May 29): Are The Others In Your Portfolio?

Ten large-cap stocks experienced significant declines during the week of May 25-29, 2026. Zscaler led losses with a 20.06% drop following disappointing Q3 results and weak Q4 guidance. Other major losers included Boston Scientific (16.95%), AutoZone (14.21%), Regencell Bioscience (12.61%), and Venture Global (10.87%). Declines were attributed to earnings misses, analyst downgrades, and energy sector weakness following geopolitical developments.

05/31/2026, 9:49 AM • Benzinga

What's Going On With Fervo Energy Stock Thursday?

Fervo Energy (NASDAQ: FRVO), a Houston-based geothermal energy company, completed its IPO on May 13, pricing 70 million shares and raising more than originally proposed. The company's shares fell 2.63% to $35.58 in premarket trading on Thursday. Fervo develops enhanced geothermal systems for utility-scale carbon-free electricity generation using horizontal drilling and fiber-optic sensing technologies.

05/14/2026, 6:38 AM • Benzinga

Peers

Statistics

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Day Range
$7.83
$8.28
$8.04
1-Year Range
$8.04
$42.50
$8.04
Latest Close$8.04
Change
-$0.21 (-2.61%)
Volume5,975,360
Market Cap$2.3B
Shares Outstanding287.0M
P/E (TTM)-7.63
Diluted EPS (TTM)-$1.05
Enterprise Value$429.3M

Information as of 10/23/2026

Company Profile

$2.3B
Market Cap
-$87.7M
Net Income
Sector: Utilities
Industry: Utilities - Renewable
811 Main Street, Houston, TX, United States, 77002
832 554 3253

Fervo Energy Company builds, owns, and operates geothermal power facilities in the United States. Fervo Energy Company was incorporated in 2017 and is headquartered in Houston, Texas.

Key Executives

  • Timothy Michael Latimer
  • Jack Hunter Norbeck
  • David Lawrence Ulrey
  • Christian Gradl
  • Evan Mallah

Current Ownership Distribution

  • Institutions193.2M (67.35%)
  • Other51.0M (17.78%)
  • Mutual Funds42.6M (14.86%)
  • Insiders0 (0.00%)