Fervo Energy

2 days ago · prnewswire.com

SAN FRANCISCO, Oct. 30, 2026 /PRNewswire/ -- Fervo Energy Company (NASDAQ: FRVO) faces renewed scrutiny amid an October 6, 2026 report published by investigative research firm Morpheus Research in which Morpheus concludes "that Fervo has failed to disclose existential issues" – namely, thermal decline, excessive water loss, and seismicity-related equipment damage. The report triggered an intraday decline in the price of Fervo shares before recovering to close at $14.33 that day (about 46% below the price of Fervo's $27 IPO last May) and follows last August's surprise revelation that the company expected a temporary shutdown of certain transmission infrastructure it relies on to deliver electricity from its Cape Station project.

3 days ago · globenewswire.com

HOUSTON, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (“Fervo” or the “Company”) (NASDAQ: FRVO), a global pioneer of next-generation geothermal energy, today announced that it will release third quarter 2026 financial and operational results before the market opens on Monday, November 9, 2026. The Company will host a webcast and conference call that same day at 10:00 a.m. ET (9:00 a.m. CT) to discuss the results.

17 days ago · globenewswire.com

HOUSTON, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced that it will host an investor open house at Cape Station in Beaver County, Utah, on Thursday, November 19, 2026. The tour will give investors a firsthand look at the site where Fervo's enhanced geothermal technology has moved from promise to commercial operation.

25 days ago · prnewswire.com

SAN FRANCISCO, Oct. 8, 2026 /PRNewswire/ -- Fervo Energy Company (NASDAQ: FRVO) faces renewed scrutiny amid an October 6, 2026 report published by investigative research firm Morpheus Research in which Morpheus concludes "that Fervo has failed to disclose existential issues" – namely, thermal decline, excessive water loss, and seismicity-related equipment damage. The report triggered an intraday decline in the price of Fervo shares before recovering to close at $14.33 that day (about 46% below the price of Fervo's $27 IPO last May) and follows last August's surprise revelation that the company expected a temporary shutdown of certain transmission infrastructure it relies on to deliver electricity from its Cape Station project.

28 days ago · zacks.com

FRVO's first Cape Station GeoBlock reaches commercial operation, generating 33 MW and launching revenues under its power purchase agreement.

1 month ago · globenewswire.com

SAN FRANCISCO, Oct. 01, 2026 (GLOBE NEWSWIRE) -- During Fervo Energy Company's (NASDAQ: FRVO) August 12, 2026 Q2 2026 earnings call, the company revealed that it expected a temporary shutdown of certain transmission infrastructure it relies on to deliver electricity from its Cape Station project. This news drove the price of Fervo shares down over 16% that day to close at $20.16, well below the company's $27 IPO price in May 2026.

1 month ago · globenewswire.com

HOUSTON, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Fervo Energy (Nasdaq: FRVO), a global pioneer of next-generation geothermal energy, today announced that its first power plant at Cape Station in Beaver County, Utah, has reached commercial operation, making it the first greenfield enhanced geothermal development in the world to achieve contractual commercial operations. The landmark milestone marks a pivotal moment for Fervo and for the broader geothermal industry, demonstrating that enhanced geothermal systems (EGS) can deliver reliable, 24/7 carbon-free electricity at commercial scale on an industry-leading timeline.

1 month ago · zacks.com

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

1 month ago · zacks.com

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.

1 month ago · zacks.com

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.