FRVO
Fervo Energy Company
Price Chart
Latest Quote
$24.65
| Previous Close | $23.11 |
| Open | $23.40 |
| Day High | $24.71 |
| Day Low | $22.50 |
| Volume | 2,497,566 |
Stock Information
| Shares Outstanding | 286.86M |
| Total Debt | $298.32M |
| Cash Equivalents | $280.78M |
| Revenue | $199K |
| Net Income | $-96.63M |
| Sector | Utilities |
| Industry | Utilities - Renewable |
| Market Cap | $7.26B |
| EPS (TTM) | $-0.28 |
| Exchange | NMS |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $8.49B |
| Sales | $199K |
| Income | $-96.63M |
| Book/sh | $-28.98 |
| Cash/sh | $0.98 |
| Employees | 199 |
Financial Ratios
| Quick Ratio | 1.47 |
| Current Ratio | 1.52 |
| Debt/Eq | 32.15 |
Returns & Margins
| Gross Margin | -210.55% |
| Operating Margin | -32872.13% |
Ownership
| Insider Ownership | 22.00% |
| Institutional Ownership | 26.48% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -121.15 |
| P/S | 36497.48 |
| P/B | -0.85 |
Analyst Data
| Recommendation | buy |
| Target Price | $46.00 |
Technical Indicators
| SMA20 | $28.60 |
| RSI | 29.01 |
| ATR | 2.3789 |
| Shares Float | 203.59M |
| Short Ratio | 4.07 |
| Rel Volume | 0.72 |
Performance History
| Week | -9.14% |
| Month | -27.31% |
| YTD | -32.54% |
| 10 Years | -32.54% |
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-07-17 | $24.65 | 2,497,566 |
| 2026-07-16 | $23.11 | 2,482,100 |
| 2026-07-15 | $24.57 | 1,579,500 |
| 2026-07-14 | $25.02 | 1,916,900 |
| 2026-07-13 | $25.86 | 2,586,300 |
| 2026-07-10 | $27.13 | 2,968,700 |
| 2026-07-09 | $27.35 | 3,670,800 |
| 2026-07-08 | $23.57 | 2,870,700 |
| 2026-07-07 | $23.80 | 8,115,800 |
| 2026-07-06 | $27.88 | 3,393,900 |
| 2026-07-02 | $27.79 | 3,723,400 |
| 2026-07-01 | $29.07 | 6,956,800 |
| 2026-06-30 | $29.23 | 5,695,400 |
| 2026-06-29 | $31.77 | 5,030,100 |
| 2026-06-26 | $32.48 | 2,967,000 |
| 2026-06-25 | $31.76 | 2,803,900 |
| 2026-06-24 | $32.49 | 2,232,200 |
| 2026-06-23 | $32.96 | 2,474,600 |
| 2026-06-22 | $36.36 | 3,184,500 |
| 2026-06-18 | $35.09 | 2,230,800 |
About Fervo Energy Company
Fervo Energy Company operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling, advanced computational models, and distributed fiber optic sensing that increase the productivity and lifetime of geothermal wells. The company employs precision directional drilling technology to drill horizontally in geothermal reservoirs and develops a data analytics algorithm that enables the identification of existing resources and optimizes flow distribution through the reservoir for heat mining efficiency. The company was incorporated in 2017 and is headquartered in Houston, Texas.
đ° Latest News
Here Are Fridayâs Top Wall Street Analyst Research Calls: Apple, Brinker International, Dutch Bros, Emerson Electric, Fervo Energy, Moodyâs, Netflix, Oneok, 3M Company, and More
24/7 Wall St. âĸ 2026-07-17T11:48:43Z3 Energy Stocks Racing to Fix AI's Power Problem
MarketBeat âĸ 2026-07-14T15:55:00ZDespite Multiple, Positive Attributes, Fervo Energy Stock Looks Very Risky for Now
Barchart âĸ 2026-07-13T15:49:20ZFervo (FRVO), NVIDIA (NVDA) Announce EGS-Twin Geothermal Platform Partnership (NVDA)
Insider Monkey âĸ 2026-07-10T13:58:46ZâStrike While the Iron Is Hotâ: Why OpenAI and Anthropic Shouldnât Delay Their IPOs
Barrons.com âĸ 2026-07-01T21:12:00ZAIâs Energy Crunch Has Investors Searching for Next IPO Winners
Bloomberg âĸ 2026-06-27T13:00:00ZFervo Energy Just Partnered With Nvidia and PNNL on a Geothermal Digital Twin. What This Means for FRVO Stock.
Barchart âĸ 2026-06-24T14:00:02ZFervo Energy Still on Track to Bring Initial 33 MW Online at Utah Geothermal Project, RBC Says
MT Newswires âĸ 2026-06-23T14:58:52ZStocks Mostly Lower on Weakness in Megacap Tech and Software Stocks
Barchart âĸ 2026-06-22T20:36:13ZThis Bill Gates-Backed Energy Stock Is Rising After Big Earnings Miss
Barrons.com âĸ 2026-06-22T19:24:00ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | ||
| Reconciled Cost Of Revenue | $388,000 | $380,000 |
| Cost Of Revenue | $388,000 | $380,000 |
| Total Revenue | $138,000 | $199,000 |
| Operating Revenue | $138,000 | $199,000 |
| Expenses | ||
| Interest Expense | $8,406,000 | $766,000 |
| Total Expenses | $48,944,000 | $42,037,000 |
| Rent Expense Supplemental | $9,681,000 | $6,895,000 |
| Other Income Expense | $-4,767,000 | $-237,000 |
| Other Non Operating Income Expenses | $-4,767,000 | $-237,000 |
| Net Non Operating Interest Income Expense | $-4,214,000 | $1,021,000 |
| Interest Expense Non Operating | $8,406,000 | $766,000 |
| Operating Expense | $48,556,000 | $41,657,000 |
| Other Operating Expenses | $-133,000 | $-97,000 |
| General And Administrative Expense | $48,399,000 | $41,630,000 |
| Income & Earnings | ||
| Net Income From Continuing Operation Net Minority Interest | $-57,788,000 | $-41,110,000 |
| Net Interest Income | $-4,214,000 | $1,021,000 |
| Interest Income | $4,192,000 | $1,787,000 |
| Normalized Income | $-57,788,000 | $-41,110,000 |
| Net Income From Continuing And Discontinued Operation | $-57,788,000 | $-41,110,000 |
| Total Operating Income As Reported | $-48,806,000 | $-41,838,000 |
| Net Income Common Stockholders | $-57,788,000 | $-41,110,000 |
| Net Income | $-57,788,000 | $-41,110,000 |
| Net Income Including Noncontrolling Interests | $-57,788,000 | $-41,110,000 |
| Net Income Continuous Operations | $-57,788,000 | $-41,110,000 |
| Pretax Income | $-57,787,000 | $-41,054,000 |
| Interest Income Non Operating | $4,192,000 | $1,787,000 |
| Operating Income | $-48,806,000 | $-41,838,000 |
| Depreciation Amortization Depletion Income Statement | $290,000 | $124,000 |
| Depreciation And Amortization In Income Statement | $290,000 | $124,000 |
| Gross Profit | $-250,000 | $-181,000 |
| Per Share | ||
| Diluted EPS | $-0.20 | $-0.14 |
| Basic EPS | $-0.20 | $-0.14 |
| Other | ||
| Tax Effect Of Unusual Items | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-49,091,000 | $-40,164,000 |
| Reconciled Depreciation | $290,000 | $124,000 |
| EBITDA (Bullshit earnings) | $-49,091,000 | $-40,164,000 |
| EBIT | $-49,381,000 | $-40,288,000 |
| Diluted Average Shares | $283,562,333 | $283,562,333 |
| Basic Average Shares | $283,562,333 | $283,562,333 |
| Diluted NI Availto Com Stockholders | $-57,788,000 | $-41,110,000 |
| Tax Provision | $1,000 | $56,000 |
| Selling General And Administration | $48,399,000 | $41,630,000 |
| Other Gand A | $36,018,000 | $33,335,000 |
| Rent And Landing Fees | $9,681,000 | $6,895,000 |
| Salaries And Wages | $2,700,000 | $1,400,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Assets | ||
| Net Tangible Assets | $-246,498,000 | $-177,195,000 |
| Total Assets | $1,365,168,000 | $531,299,000 |
| Total Non Current Assets | $883,039,000 | $326,002,000 |
| Other Non Current Assets | $14,020,000 | $8,910,000 |
| Non Current Prepaid Assets | $20,734,000 | $32,520,000 |
| Current Assets | $482,130,000 | $205,297,000 |
| Other Current Assets | $7,714,000 | $7,917,000 |
| Prepaid Assets | $2,000,000 | - |
| Receivables | $10,580,000 | $3,952,000 |
| Other Receivables | $10,580,000 | $3,952,000 |
| Cash Cash Equivalents And Short Term Investments | $461,836,000 | $193,428,000 |
| Cash And Cash Equivalents | $461,836,000 | $193,428,000 |
| Cash Equivalents | $441,992,000 | $185,917,000 |
| Cash Financial | $19,844,000 | $7,511,000 |
| Debt | ||
| Total Debt | $250,298,000 | $81,798,000 |
| Long Term Debt And Capital Lease Obligation | $245,476,000 | $79,870,000 |
| Long Term Debt | $172,837,000 | $39,019,000 |
| Current Debt And Capital Lease Obligation | $4,822,000 | $1,928,000 |
| Liabilities | ||
| Total Liabilities Net Minority Interest | $1,431,736,000 | $708,494,000 |
| Total Non Current Liabilities Net Minority Interest | $1,279,825,000 | $641,669,000 |
| Other Non Current Liabilities | $11,407,000 | $299,000 |
| Current Liabilities | $151,911,000 | $66,825,000 |
| Other Current Liabilities | $1,680,000 | - |
| Current Deferred Liabilities | $888,000 | $1,479,000 |
| Payables And Accrued Expenses | $143,957,000 | $63,344,000 |
| Payables | $10,789,000 | $35,036,000 |
| Accounts Payable | $10,789,000 | $35,036,000 |
| Equity | ||
| Common Stock Equity | $-246,498,000 | $-177,195,000 |
| Total Equity Gross Minority Interest | $-66,568,000 | $-177,195,000 |
| Stockholders Equity | $-246,498,000 | $-177,195,000 |
| Retained Earnings | $-244,539,000 | $-179,778,000 |
| Preferred Securities Outside Stock Equity | $1,022,942,000 | $561,500,000 |
| Other | ||
| Ordinary Shares Number | $294,062,333 | $294,062,333 |
| Share Issued | $294,062,333 | $294,062,333 |
| Tangible Book Value | $-246,498,000 | $-177,195,000 |
| Invested Capital | $-73,661,000 | $-138,176,000 |
| Working Capital | $330,219,000 | $138,472,000 |
| Capital Lease Obligations | $77,461,000 | $42,779,000 |
| Total Capitalization | $-73,661,000 | $-138,176,000 |
| Minority Interest | $179,930,000 | $0 |
| Treasury Stock | $1,960,000 | $0 |
| Additional Paid In Capital | $0 | $2,582,000 |
| Capital Stock | $1,000 | $1,000 |
| Common Stock | $1,000 | $1,000 |
| Long Term Capital Lease Obligation | $72,639,000 | $40,851,000 |
| Current Deferred Revenue | $888,000 | $1,479,000 |
| Current Capital Lease Obligation | $4,822,000 | $1,928,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $564,000 | $74,000 |
| Current Accrued Expenses | $133,168,000 | $28,308,000 |
| Net PPE | $848,285,000 | $284,572,000 |
| Gross PPE | $848,285,000 | $284,572,000 |
| Construction In Progress | $789,571,000 | $258,900,000 |
| Other Properties | $6,188,000 | - |
| Machinery Furniture Equipment | $282,000 | $404,000 |
| Buildings And Improvements | $6,635,000 | $952,000 |
| Land And Improvements | $45,609,000 | $24,316,000 |
| Properties | $0 | $0 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Free Cash Flow | ||
| Free Cash Flow | $-497,416,000 | $-233,441,000 |
| Operating Activities | ||
| Operating Cash Flow | $-31,757,000 | $-54,748,000 |
| Cash Flow From Continuing Operating Activities | $-31,757,000 | $-54,748,000 |
| Operating Gains Losses | $5,070,000 | - |
| Investing Activities | ||
| Capital Expenditure | $-465,659,000 | $-178,693,000 |
| Investing Cash Flow | $-465,659,000 | $-178,693,000 |
| Cash Flow From Continuing Investing Activities | $-465,659,000 | $-178,693,000 |
| Capital Expenditure Reported | $-465,659,000 | $-178,693,000 |
| Financing Activities | ||
| Repurchase Of Capital Stock | $-1,943,000 | $0 |
| Issuance Of Capital Stock | $630,668,000 | $368,413,000 |
| Financing Cash Flow | $765,824,000 | $403,754,000 |
| Cash Flow From Continuing Financing Activities | $765,824,000 | $403,754,000 |
| Net Other Financing Charges | $-4,686,000 | $-5,343,000 |
| Net Preferred Stock Issuance | $462,000,000 | $368,343,000 |
| Preferred Stock Issuance | $462,000,000 | $368,343,000 |
| Net Common Stock Issuance | $166,725,000 | $70,000 |
| Common Stock Issuance | $168,668,000 | $70,000 |
| Other | ||
| Issuance Of Debt | $134,961,000 | $40,684,000 |
| Interest Paid Supplemental Data | $8,266,000 | $0 |
| Income Tax Paid Supplemental Data | $52,000 | $2,000 |
| End Cash Position | $467,836,000 | $199,428,000 |
| Beginning Cash Position | $199,428,000 | $29,115,000 |
| Changes In Cash | $268,408,000 | $170,313,000 |
| Proceeds From Stock Option Exercised | $6,824,000 | $0 |
| Common Stock Payments | $-1,943,000 | $0 |
| Net Issuance Payments Of Debt | $134,961,000 | $40,684,000 |
| Net Long Term Debt Issuance | $134,961,000 | $40,684,000 |
| Long Term Debt Issuance | $134,961,000 | $40,684,000 |
| Change In Working Capital | $12,087,000 | $-19,912,000 |
| Change In Other Current Liabilities | $6,956,000 | $-72,000 |
| Change In Payables And Accrued Expense | $-2,857,000 | $3,503,000 |
| Change In Payable | $-2,857,000 | $3,503,000 |
| Change In Account Payable | $-2,857,000 | $3,503,000 |
| Change In Prepaid Assets | $7,988,000 | $-14,149,000 |
| Change In Receivables | $0 | $-1,764,000 |
| Other Non Cash Items | $5,919,000 | $4,780,000 |
| Stock Based Compensation | $2,665,000 | $1,370,000 |
| Depreciation Amortization Depletion | $290,000 | $124,000 |
| Depreciation And Amortization | $290,000 | $124,000 |
| Gain Loss On Investment Securities | $5,070,000 | - |
| Net Income From Continuing Operations | $-57,788,000 | $-41,110,000 |
| Change In Other Working Capital | - | $-7,430,000 |