XNAS
FRVO
Market cap7.03bUSD
Aug 11, Last price
24.17USD
1D
1.05%
1Q
-33.85%
Name
Fervo Energy Co
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Profile
Fervo Energy Company, a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling 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 based in Houston, Texas, with an additional location in Berkeley, California.
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