Latest Fervo Energy News & Updates

See the latest news and media coverage for Fervo Energy. We track all announcements, press releases, and industry mentions in real time, all in one place.

Fervo Energy

Next-generation geothermal energy developer

fervoenergy.com

Headquarters: Houston, United States
Founded year: 2017
Company type: Private company
Number of employees: 50–300
Industry: Electric Utilities

Last updated Today

Latest news about Fervo Energy

In short: Fervo Energy went public on the Nasdaq, raising $1.9 billion, and achieved record-breaking geothermal drilling speeds at its Cape Station.

Company announcements

July 8 Fervo Energy

Fervo Energy's 3rd-gen well design boosts drilling rates by 143%

Sawtooth 7 reached 19,448 feet with a 7,500-foot lateral in a 460°F resource.

June 12 Fervo Energy

Fervo Energy to report Q1 2026 results on June 22

The company will host a webcast and conference call at 10 a.m. ET to discuss results.

May 11 Fervo Energy

Fervo Energy upsized its proposed initial public offering

The company will issue 70 million shares at $25-26 per share, increasing from the originally proposed terms.

May 4 Fervo Energy

Fervo Energy announces IPO launch

The company launches roadshow for 55,555,555 Class A shares priced $21-$24, with underwriters' option for 8,333,333 more. Listing planned on Nasdaq as FRVO.

Media coverage

July 23 Yahoo Finance

Here’s Why BofA Thinks Fervo Energy’s Pullback Is a Buying Opportunity

Fervo Energy (FRVO) is a technology-enabled independent power producer. Founded in 2017 and based in Houston, Texas, the ...

July 22 CNN

Fervo Energy Company Class A

The price of FRVO shares has decreased $1.93 since the market last closed. This is a 7.32% drop. Opened at $26.16. The stock opened $0.21...

July 20 The Times of India

Crews using oil-and-gas drilling techniques have drilled one of the hottest clean-power wells in Utah, tapping rock above 400°F for next-generation geothermal electricity

The technology that was previously used for extracting oil and gas resources has now been modified in order to develop a new source of energy...

July 17 Seeking Alpha

Fervo Energy jumps as Jefferies upgrades to Buy following recent slide

Fervo Energy upgraded to Buy at Jefferies following the stock's ~40% pullback from its May IPO highs.

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