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XNAS
FRVO
Market cap6.63bUSD
Jun 26, Last price  
32.48USD
1D
2.27%
Name

Fervo Energy Co

Chart & Performance

D1W1MN
XNAS:FRVO chart
P/E
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Rev. gr., 5y
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Revenues
138k
138,000
Net income
-71m
-70,515,000
CFO
-32m
-31,757,000

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Profile

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.
IPO date
Employees
Domiciled in
US
Incorporated in
US

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