Fervo Energy (FRVO)

• Market cap: $8.06B
• 1 day: 16.04%
• 5 days: -5.56%
• 1 month: -18.53%
• 3 months: -25.15%
• 6 months: -25.15%
• Year to date: -25.15%
• 1 year: -25.15%
• 5 years: -25.15%
• 10 years: -25.15%
• Sector: Utilities
• Industry: Renewable Electricity

About: Fervo Energy Co operates as a geothermal energy developer that builds, owns, and operates geothermal power facilities. Its innovations include technologies such as computational models, horizontal drilling, and distributed fiber optic sensing. The company's revenue is derived mainly from the sale of electricity from geothermal resources, facilitated through long-term PPAs with utilities and other entities.