FRVO Fervo Energy Company - Class A common stock

Fervo Energy's Cape Station now has operating megawatts on the grid, with about 900 MW contracted and a much larger buildout still ahead.

Cape Station's First Power and $11.9 billion in contracted revenue bolster Fervo Energy's growth story, while heavy spending and financing needs remain key risks.

Fervo Energy's $11.9 billion in contracted revenue and $2.1 billion cash cushion meet a capital-heavy buildout as geothermal projects move toward operation.

Fervo Energy’s Cape Station geothermal project just achieved first power, marking a major technical milestone for the company’s ambitious growth plans.

Fervo Energy (FRVO) achieved first grid power at its Cape Station plant, but profitability remains years away and analysts show scattered price targets amid a persistent stock downtrend.

FRVO reaches First Power at Cape Station, advancing utility-scale geothermal and its goal of delivering reliable, carbon-free electricity.

Fervo Energy (NasdaqGS:FRVO) is under investigation by law firm Hagens Berman over its risk disclosures to shareholders. The probe follows Fervo's post-IPO revelation of a temporary but critical transmission shutdown risk at its Cape Station project. Hagens Berman is examining whether Fervo's IPO materials treated the Cape Station transmission curtailment risk as only potential rather than imminent. The Hagens Berman investigation into Fervo's Cape Station transmission curtailment...

Fervo Energy (FRVO) has just crossed a key operational milestone, with its Cape Station project in Utah delivering First Power and beginning to sell electricity into the grid. Recent price action has been choppy for Fervo Energy, with a 1-day share price return of 2.2% and a 30-day share price return of 8.2% sitting against a much steeper 90-day share price return decline of 48.6% and year-to-date share price return drop of 54.3%. This suggests short term momentum has picked up after a...

The geothermal pioneer achieved a major operational milestone.

Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index and the State Street

Fervo Energy stock rises after the company’s geothermal development delivers power to the gid for the first time.

Cape Station has begun sending electricity to the grid, marking a major step for commercial enhanced geothermal power.

Next-gen geothermal power aims to combine clean power with reliable 24-7 service to feed to the AI boom.

Fervo Energy secures two Department of Energy awards to develop geothermal projects

Energy stocks were lower late Tuesday afternoon, with the NYSE Energy Sector Index down 0.5% and the

Fervo Energy secures two DOE awards totaling about $20 million. But should you load up on FRVO stock today? Let’s find out!

Energy stocks traded mixed Tuesday afternoon, with the NYSE Energy Sector Index up 0.3% and the Stat

Recent IPO stock Fervo Energy is building on its partnership with Google with a massive power purchase agreement.

Fervo Energy secured its largest geothermal power agreement with Google, giving investors greater visibility into future contracted demand.

Fervo's been down sharply since its IPO, but that may be changing now.

Fervo Energy (FRVO) stock is in focus after the company agreed to a 396 megawatt power purchase agreement with Google for its Cape Station geothermal GeoCluster in Utah, as well as a sizeable expansion option. That Google agreement comes after a mixed stretch for Fervo Energy, with the share price falling 53.73% over the past 90 days and 50.79% year to date. At the same time, the 7 day share price return of 16.45% hints at renewed interest following recent contract wins. Spot 38 power grid...

Fervo Energy stock has had a difficult year so far, with the share price down 50.8% year to date, yet the company still screens as expensive on broad valuation checks. This mix of weak recent returns and an overvalued reading keeps Fervo Energy firmly in focus for investors trying to judge whether the current price already bakes in a lot of optimism. The year to date decline of 50.8% suggests sentiment around Fervo Energy has weakened sharply despite recent short term rebounds. The framework...

Fervo Energy Company (NASDAQ:FRVO) has signed its largest-ever geothermal power agreement with Google, under which it will supply nearly 400 megawatts of electricity from its Cape Station project in southwestern Utah starting in 2028. The project is expected to become the world’s largest enhanced geothermal facility, with Fervo investing more than $2 billion in its […]

Fervo Energy (NasdaqGS:FRVO) and Google have signed a new enhanced geothermal framework agreement to support large scale, carbon free data center power. The deal includes what the companies describe as the largest ever geothermal power purchase agreement. The framework allows for significant expansion of Fervo's contracted geothermal capacity over time for future data center infrastructure. Both sides present the agreement as a key step in using enhanced geothermal systems to supply cleaner...

Key risks remain, however, including “first-of-a-kind execution,” interconnection bottlenecks, capital intensity and competing technology paths, according to a research note from financial services company William Blair.

Under the agreement, Google will use electricity to meet carbon-free requirements and may support a prospective data centre in Utah, US.

(Updates with Google's response in the sixth paragraph and the most recent stock move in the last pa

AI data center buildouts can do wonders for unexpected companies, as shown by the experiences of Generac and HVAC firm Comfort Systems.

A blockbuster deal with an AI colossus has investors excited.

Fervo Energy (NASDAQ:FRVO) soared by 28.41 percent on Tuesday to close at $19.75 apiece after bagging home a new power purchase agreement (PPA) with Google to support the development of its data center facility in Utah. Under the agreement, the energy company will deliver 396 megawatts of power to Google from its Cape Station project […]

Today, Sept. 1, 2026, the geothermal developer signed a landmark commercial agreement that validates firm power demand and clears a path to Cape Station revenue.

The rally on Tuesday followed Fervo’s 396-megawatt power purchase agreement with Google, its largest contract to date.

Fervo's new agreement starts at 396 megawatts and could expand to nearly 1 gigawatt by 2030.

The 396 megawatt agreement carries an option for roughly 600 megawatts more

Fervo Energy is emerging as a potential answer to AI's power problem.

Energy stocks were higher late Tuesday afternoon, with the NYSE Energy Sector Index rising 1.7% and

Google can purchase another 600 megawatts, potentially bringing the agreement's total capacity to 996 megawatts.

Fervo Energy stock soars after the Bill Gates-backed geothermal energy company signs a major deal with Google.

Chevron Corporation (NYSE:CVX) and TotalEnergies SE (NYSE:TTE) are making major moves in Sub-Saharan Africa, underscored by Chevron’s August 17 announcement of a significant oil and gas condensate discovery in offshore Angola’s Block 0. The 105-4X exploration well in the Lower Congo Basin encountered over 600 meters of column with 90 meters of net pay in […]

Fervo Energy stock has fallen sharply in 2026, with a year to date slide that leaves the recent price of US$17.83 looking pressured while the valuation checks still suggest the shares are not a clear bargain. The share price is down 51.2% year to date, which puts recent trading firmly in recovery territory rather than at new highs. Progress on expanding geothermal capacity and securing long term demand for firm, carbon free power can help support growth expectations. At the same time, the...

Fervo Energy (FRVO) shares are in focus after the company reported second quarter 2026 results, with sales of US$0.113 million and a net loss of US$55.92 million from continuing operations. See our latest analysis for Fervo Energy. Fervo Energy's recent Q2 loss has coincided with weaker momentum, with the latest 1 month share price return down 30.05% and the year to date share price return down 51.20% from US$17.83. If this geothermal story has you thinking about where else long term themes...

CEO Latimer says Fervo may be the only way to get clean firm power before 2030.

Despite a $55.9 million net loss, Fervo Energy Co (FRVO) accelerates growth with a $7.2 billion contracted backlog and record drilling speeds.

It's been a rocky week for this geothermal specialist.

Baron Capital, an investment management company, released its Q2 2026 investor letter for the “Baron Opportunity Fund”. A copy of the letter is available to download here. During the second quarter, the Baron Opportunity Fund increased 27.07% (Institutional Shares), outperforming both the Russell 3000 Growth Index (17.05%) and the S&P 500 Index (15.20%). For the […]

Energy stocks edged higher Wednesday with the NYSE Energy Sector Index little changed, erasing earli

Fervo Energy (NASDAQ:FRVO) said it advanced 400 megawatts of capacity into advanced development during the second quarter, expanded its geothermal mineral-rights position to more than 650,000 acres and reiterated plans to begin initial generation at its Cape Station project in the fourth quarter of

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.2%, and the actively tra

Increasing global energy demand and improvements in drilling technology have driven oil and gas majors to invest in geothermal.

Increasing global energy demand and improvements in drilling technology have driven oil and gas majors to invest in geothermal.