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FRVO

Fervo Energy Co.

FRVO · NASDAQ · Utilities
$14.78
▲ $14.78 (0.54%)
$13.59 $14.63 $15.67 $16.71 $14.78 Sep 26 Sep 29 Oct 02
Day range
$14.00 – $14.99
Year range
$13.44 – $42.65
Open
$14.70
Previous close
—
Market cap
$4.24B
Volume (24h)
$3.4M
Volume (52w)
$49.80M
Performance
7D
▲ 4.75%
1M
▼ -17.80%
3M
▼ -46.99%
6M
▼ -59.55%
1Y
▼ -59.55%
YTD
▼ -59.55%
3Y
▼ -59.55%
5Y
▼ -59.55%
All-time
▼ -59.55%
Key statistics
P/E ratio
-3.60
EPS (TTM)
$-4.10
Dividend yield
—
Dividend (TTM)
—
Payout ratio
—
Shares outstanding
286.9M
About Fervo Energy Co.

Fervo Energy Company is a leading developer in the geothermal power sector, specializing in the construction, ownership, and operation of advanced energy facilities. Their innovative methodology integrates sophisticated horizontal well drilling with comprehensive distributed fiber optic sensing, significantly enhancing both the yield and longevity of their geothermal wells. The company employs highly precise directional drilling methods to access geothermal reservoirs horizontally. Additionally, Fervo has developed a proprietary data analytics algorithm designed to pinpoint valuable heat resources and optimize the fluid distribution throughout the reservoir, thereby maximizing the efficiency of energy extraction. Established in 2017, the company is headquartered in Houston, Texas, with a supplementary office in Berkeley, California.

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Country: United States of America
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