
Fervo's enhanced geothermal energy systems could help to meet the U.S. economy's insatiable need for electricity. The carbon-free power source offers numerous benefits.
Fervo Energy Company (Ticker: FRVO) is a pioneering force in the geothermal energy sector, specializing in advanced renewable energy solutions through its proprietary technology that enhances geothermal production efficiency. By harnessing valuable subsurface heat resources, Fervo is instrumental in facilitating the transition to a low-carbon economy and meeting growing global energy demands sustainably. The company's strategic partnerships and innovative projects position it as a critical player in the clean energy landscape, with a steadfast commitment to advancing geothermal technologies that promise to reshape the future of renewable energy.
| Revenue (TTM) | 312,000 |
| Gross Profit (TTM) | -454,000 |
| EBITDA | $-76.75M |
| Operating Margin | -25435.00% |
| Return on Equity | -8.62% |
| Return on Assets | -3.22% |
| Revenue/Share (TTM) | $0.01 |
| Book Value | $9.48 |
| Price-to-Book | 1.73 |
| Price-to-Sales (TTM) | 14341.36 |
| EV/Revenue | 9793.95 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 0.00% |
| Shares Outstanding | $286.98M |
| Float | $183.84M |
| % Insiders | 21.99% |
| % Institutions | 59.09% |
Volatility is currently contracting

Fervo's enhanced geothermal energy systems could help to meet the U.S. economy's insatiable need for electricity. The carbon-free power source offers numerous benefits.

HOUSTON, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced that Cape Station, its flagship geothermal development in Beaver County, Utah, has achieved First Power, marking the first time a utility-scale enhanced geothermal development has reached this milestone anywhere in the world.

SAN FRANCISCO, Sept. 23, 2026 (GLOBE NEWSWIRE) -- During Fervo Energy Company's (NASDAQ: FRVO) August 12, 2026 Q2 2026 earnings call, the company revealed that it expected a temporary shutdown of certain transmission infrastructure it relies on to deliver electricity from its Cape Station project.

Two grants, one each for new developments in Idaho and Nevada Grants support a targeted appraisal campaign and developing new technology for high-temperature EGS operations HOUSTON, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced it has received two U.S. Department of Energy awards totaling approximately $20 million to accelerate the development of Enhanced Geothermal Systems (EGS) in Idaho and Nevada and to expand next-generation geothermal across the western United States.

SAN FRANCISCO, Sept. 10, 2026 /PRNewswire/ -- During Fervo Energy Company's (NASDAQ: FRVO) August 12, 2026 Q2 2026 earnings call, the company revealed that it expected a temporary shutdown of certain transmission infrastructure it relies on to deliver electricity from its Cape Station project.

NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces an investigation of potential securities claims on behalf of shareholders of Fervo Energy Company (“Fervo or the “Company”) (NASDAQ: FRVO). The investigation concerns whether Fervo and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

Fervo Energy CEO Tim Latimer joins CNBC's Pippa Stevens from their Cape Station site to discuss the company's big bet on enhanced geothermal energy, their new 400 MW deal with Google, their ambitious plans to bring down high upfront costs, and much more.

Fervo Energy secures a landmark 396 MW PPA with Google, validating enhanced geothermal as a viable baseload for hyperscaler data centers. FRVO's relationship with Google spans equity, pilot projects, and now a large commercial contract, signaling deep strategic alignment and de-risking early-stage execution. Transmission curtailment remains the key near-term constraint, with 2027 revenue guidance of $60–$80M well below prior expectations despite robust capital resources.

Google's data centers devour electricity. Fervo wants to help supply the AI giant with the energy it craves.

SAN FRANCISCO, Sept. 1, 2026 /PRNewswire/ -- During Fervo Energy Company's (NASDAQ: FRVO) August 12, 2026 Q2 2026 earnings call, the company revealed that it expected a temporary shutdown of certain transmission infrastructure it relies on to deliver electricity from its Cape Station project.
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