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Fervo Energy Co.

15.73

-1.5100-8.76%

Post-market: 15.800.0700+0.45%19:59 EDT

Volume:6.07M

Turnover:98.31M

Market Cap:4.63B

PE:-35.19

High:17.37

Open:17.22

Low:15.72

Close:17.24

52wk High:42.65

52wk Low:14.60

Shares:294.64M

Float Shares:70.00M

Volume Ratio:0.65

T/O Rate:8.67%

Dividend:- -

Dividend Rate:- -

EPS(TTM):-0.4470

EPS(LYR):-7.8654

ROE:-8.62%

ROA:-3.22%

PB:1.66

PE(LYR):-2.00

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Overview Company News Filings

Fervo Energy Is Maintained at Outperform by Baird

Fervo Energy Q1 FY26 net loss widens to $31.83 million; operating loss rises 101.9% to $20.05 million

Fervo Energy Company Class A (FRVO) Receives a Buy from RBC Capital

Fervo Energy price target raised to $50 from $47 at Baird

Fervo Energy Earns Buy Rating on Geothermal Cost Parity Progress and Strategic AI Data Center Partnerships

Why Is Fervo Energy Stock Gaining Monday?

Benzinga Earnings

Stock Track | Fervo Energy Soars 15.37% in Pre-market on Nvidia Partnership for Geothermal AI Platform

Fervo Energy's Inaugural Quarterly Report Misses Estimates, but Partnership with Nvidia for Geothermal AI Platform Drives Shares Over 8% Higher

BRIEF-Fervo Energy Reports First Quarter 2026 Results

This Bill Gates-Backed Energy Stock Is Rising After Weak Earnings. A Deal With Nvidia Is the Reason. -- Barrons.com

S&P 500 Futures Fall In Premarket Trading; Apogee Therapeutics, Fervo Energy Lead

Fervo Energy's Q1 Net Loss Widens

MT Newswires Live

Fervo Energy reports Q1 EPS ($3.72) vs. ($1.02) last year

Earnings Flash (FRVO) Fervo Energy Posts Q1 Net Loss $3.72 a Share

MT Newswires Live

Fervo Energy Q1 FY26 net loss widens to $31.8 million; operating loss rises to $20.1 million

Fervo Energy Q1 EPS $(3.72) Misses $(0.10) Estimate, Sales $61.000K Miss $480.000K Estimate

Benzinga Earnings

Fervo Energy Co - Expects Total Capital Expenditures of $1.2 Bln From Q2 2026 Through Q1 2027

THOMSON REUTERS

Press Release: Fervo Energy Reports First Quarter 2026 Results

Fervo Energy, Nvidia, Pacific Northwest National Laboratory Agree to Build Geothermal Platform

MT Newswires Live

Stock Track | Fervo Energy Soars 5.73% in Pre-market on Digital Twin Platform Announcement with NVIDIA

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fervo Energy Co. published the original content used to generate this news brief via EDGAR, the Electronic Da","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260623:nNDL87yBnb:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FRVO","BK4133"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645835824","title":"Fervo Energy Company Class A (FRVO) Receives a Buy from RBC Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=2645835824","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645835824?lang=en_us&edition=fundamental","pubTime":"2026-06-23 19:31","pubTimestamp":1782214298,"startTime":"0","endTime":"0","summary":"RBC Capital analyst Chris Dendrinos maintained a Buy rating on Fervo Energy Company Class A yesterday and set a price target of $46.00. The company...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/fervo-energy-company-class-a-frvo-receives-a-buy-from-rbc-capital-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/fervo-energy-company-class-a-frvo-receives-a-buy-from-rbc-capital-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["FRVO","LU1267930573.SGD","LU0029864427.USD","BK4207","LU0310800379.SGD","BK4133","LU0128525929.USD","LU0708994859.HKD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645383884","title":"Fervo Energy price target raised to $50 from $47 at Baird","url":"https://stock-news.laohu8.com/highlight/detail?id=2645383884","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645383884?lang=en_us&edition=fundamental","pubTime":"2026-06-23 18:39","pubTimestamp":1782211148,"startTime":"0","endTime":"0","summary":"Baird analyst Ben Kallo raised the firm’s price target on Fervo Energy (FRVO) to $50 from $47 and keeps an Outperform rating on the shares. The fir...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/fervo-energy-price-target-raised-to-50-from-47-at-baird-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/fervo-energy-price-target-raised-to-50-from-47-at-baird-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645888217","title":"Fervo Energy Earns Buy Rating on Geothermal Cost Parity Progress and Strategic AI Data Center Partnerships","url":"https://stock-news.laohu8.com/highlight/detail?id=2645888217","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645888217?lang=en_us&edition=fundamental","pubTime":"2026-06-23 17:25","pubTimestamp":1782206719,"startTime":"0","endTime":"0","summary":"William Blair analyst Jed Dorsheimer has maintained their bullish stance on FRVO stock, giving a Buy rating on June 16. 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Track | Fervo Energy Soars 15.37% in Pre-market on Nvidia Partnership for Geothermal AI Platform","url":"https://stock-news.laohu8.com/highlight/detail?id=1147637619","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1147637619?lang=en_us&edition=fundamental","pubTime":"2026-06-22 21:35","pubTimestamp":1782135315,"startTime":"0","endTime":"0","summary":"Fervo Energy Co.'s stock soared 15.37% in pre-market trading on Monday, marking a significant upward movement for the geothermal energy company.The surge comes as the company announced a strategic...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1110761294","title":"Fervo Energy's Inaugural Quarterly Report Misses Estimates, but Partnership with Nvidia for Geothermal AI Platform Drives Shares Over 8% Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1110761294","media":"Stock News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1110761294?lang=en_us&edition=fundamental","pubTime":"2026-06-22 21:31","pubTimestamp":1782135105,"startTime":"0","endTime":"0","summary":"Fervo Energy Co. (FRVO.US) released its first quarterly financial results on Monday, covering the period ending March 31, 2026, which fell short of analyst expectations for both revenue and earnings...","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FRVO","BK4133"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645210920","title":"BRIEF-Fervo Energy Reports First Quarter 2026 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2645210920","media":"Reuters","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645210920?lang=en_us&edition=fundamental","pubTime":"2026-06-22 19:48","pubTimestamp":1782128919,"startTime":"0","endTime":"0","summary":"BRIEF-Fervo Energy Reports First Quarter 2026 ResultsJune 22 (Reuters) - Fervo Energy Co FRVO.O:FERVO ENERGY REPORTS FIRST QUARTER 2026 RESULTSFERVO ENERGY CO - EXPECTS TOTAL CAPITAL EXPENDITURES OF $","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260622:nTUA9C34RM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4133","FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645219630","title":"This Bill Gates-Backed Energy Stock Is Rising After Weak Earnings. A Deal With Nvidia Is the Reason. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2645219630","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645219630?lang=en_us&edition=fundamental","pubTime":"2026-06-22 19:30","pubTimestamp":1782127800,"startTime":"0","endTime":"0","summary":"Shares of Fervo Energy rose before the opening bell on Monday as Wall Street looked pass a wider-than-expected quarterly loss and focused on a new partnership with Nvidia.Fervo early Monday announced an agreement with Nvidia and Pacific Northwest Laboratory to develop a next-generation digital platform for geothermal drilling operations, according to a media release.The Houston-based geothermal energy, which is backed by Bill Gates, will be working with the Pacific Northwest Laboratory and Nvidia to train artificial-intelligence models, which will then be integrated into the Nividia Omniverse libraries, to help geothermal operations more efficiently drill deep into the earth to harness steam to generate electricity.Fervo stock, which made its trading debut on May 13, gained 8.2% to $37.50 in premarket trading on Monday.Investors appeared to be looking more at the Nvidia partnership than the geothermal company's 2026 first-quarter earnings.Fervo posted a loss of $3.72 a share compared w","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4133","FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645021155","title":"S&P 500 Futures Fall In Premarket Trading; Apogee Therapeutics, Fervo Energy Lead","url":"https://stock-news.laohu8.com/highlight/detail?id=2645021155","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645021155?lang=en_us&edition=fundamental","pubTime":"2026-06-22 19:30","pubTimestamp":1782127800,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Barrons.com using technology from Automated Insights.With U.S. stock markets set to open in two hours, Apogee Therapeutics Inc.  was up 47.8% in pre-market trading, and Fervo Energy Co.  was up 8.2%.Spyre Therapeutics Inc. , McCormick & Co. Inc. Com. Vtg. , and Arcosa Inc.  were all posting gains of at least 7%. In early trading, Alamos Gold Inc.  and AngloGold Ashanti PLC  had posted declines, falling 10.3% and 6.5%, respectively.Meanwhile S&P 500 futures were down 0.10%, with futures for the Dow Jones Industrial Average rising 0.00%. The Cboe Volatility Index futures were down 3.25%.In commodities news, Brent crude oil futures were down 1.58%, and gold futures were down 0.47%. Bitcoin climbed 0.12% to $64,215.In the previous regular trading session, the S&P 500 and the Dow were up 1.08% and 0.14%, respectively. Stocks in Asia were up overnight, with Japan's NIKKEI 225 Index up 1.55% and China's Shanghai Composite Index rising 1.78%.In after","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","LU0053671581.USD","FRVO","APGE","BK4133"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645021970","title":"Fervo Energy's Q1 Net Loss Widens","url":"https://stock-news.laohu8.com/highlight/detail?id=2645021970","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645021970?lang=en_us&edition=fundamental","pubTime":"2026-06-22 19:28","pubTimestamp":1782127712,"startTime":"0","endTime":"0","summary":"Fervo Energy  reported a Q1 net loss Monday of $3.72 per diluted share, widening from a loss of $1.02 a year earlier.Two analysts polled by FactSet expected a loss of $0.10 per share.Revenue for the quarter ended March 31 was $61,000.Analysts polled by FactSet expected $30,000.Shares of the company were up 8.2% in Monday's premarket activity.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["FRVO","BK4133"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645021556","title":"Fervo Energy reports Q1 EPS ($3.72) vs. ($1.02) last year","url":"https://stock-news.laohu8.com/highlight/detail?id=2645021556","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645021556?lang=en_us&edition=fundamental","pubTime":"2026-06-22 19:08","pubTimestamp":1782126532,"startTime":"0","endTime":"0","summary":"Reports Q1 revenue $61,000, consensus $342,860. “This is the geothermal decade, and Fervo is leading the charge,” said Tim Latimer, CEO and co-foun...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/fervo-energy-reports-q1-eps-3-72-vs-1-02-last-year-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/fervo-energy-reports-q1-eps-3-72-vs-1-02-last-year-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645602973","title":"Earnings Flash (FRVO) Fervo Energy Posts Q1 Net Loss $3.72 a Share","url":"https://stock-news.laohu8.com/highlight/detail?id=2645602973","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645602973?lang=en_us&edition=fundamental","pubTime":"2026-06-22 19:08","pubTimestamp":1782126517,"startTime":"0","endTime":"0","summary":"Earnings Flash (FRVO) Fervo Energy Posts Q1 Net Loss $3.72 a Share","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645402944","title":"Fervo Energy Q1 FY26 net loss widens to $31.8 million; operating loss rises to $20.1 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2645402944","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645402944?lang=en_us&edition=fundamental","pubTime":"2026-06-22 19:05","pubTimestamp":1782126337,"startTime":"0","endTime":"0","summary":"Fervo Energy posted a Q1 operating loss of $20.1 million; net loss widened to $31.8 million.Capital expenditures rose to $172.8 million; it forecast about $1.2 billion of capex from Q2 2026 through Q1 2027.Closed $421.4 million of non-recourse project financing for Cape Station Phase I; agreed with Liberty Mutual to monetize Phase I tax credits.Cape Station Phase I stayed on track for first power in Q4 2026; Phase II construction began in Q1 with expected COD in 2028.Executed a geothermal framework agreement with Google for up to 3 gigawatts through 2033; completed a Nasdaq IPO raising about $2.2 billion.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fervo Energy Co. published the original content used to generate this news brief via ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260622:nNDL39rbdf:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4133","FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645291110","title":"Fervo Energy Q1 EPS $(3.72) Misses $(0.10) Estimate, Sales $61.000K Miss $480.000K Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2645291110","media":"Benzinga Earnings","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645291110?lang=en_us&edition=fundamental","pubTime":"2026-06-22 19:03","pubTimestamp":1782126199,"startTime":"0","endTime":"0","summary":"Fervo Energy (NASDAQ:FRVO) reported quarterly losses of $(3.72) per share which missed the analyst consensus estimate of $(0.10) by 3620 percent. This is a 264.71 percent decrease over losses of $(1.02) per share from","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/26/06/60009431/fervo-energy-q1-eps-3-72-misses-0-10-estimate-sales-61-000k-miss-480-000k-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645230029","title":"Fervo Energy Co - Expects Total Capital Expenditures of $1.2 Bln From Q2 2026 Through Q1 2027","url":"https://stock-news.laohu8.com/highlight/detail?id=2645230029","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645230029?lang=en_us&edition=fundamental","pubTime":"2026-06-22 19:00","pubTimestamp":1782126002,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260622:nTUA9C34RM:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4133","FRVO"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645568029","title":"Press Release: Fervo Energy Reports First Quarter 2026 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2645568029","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645568029?lang=en_us&edition=fundamental","pubTime":"2026-06-22 19:00","pubTimestamp":1782126000,"startTime":"0","endTime":"0","summary":"HOUSTON, June 22, 2026  -- Fervo Energy Company  , a leading technology-enabled independent power producer of Enhanced Geothermal Systems , today reported financial and operational results for the first quarter ended March 31, 2026.\"This is the geothermal decade, and Fervo is leading. start. We completed the largest primary energy and. power IPO in recent memory, raising $2.2 billion to. and near-term execution at Cape Station, the world's. largest enhanced geothermal project, which is on track. is well positioned to deliver the clean, firm 24/7. 2026, issuing 80.5 million shares of Class A common stock, including the. full exercise of the underwriters' over-allotment option, at a price of. $27.00 per share and raising approximately $2.2 billion in gross. -- Executed a Geothermal Framework Agreement  with Google to support. the development of up to 3 gigawatts of geothermal capacity through 2033.100 megawatts, with GeoBlock Unit 1 commissioning currently underway. ahead of the planned ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4133","FRVO","CTEX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645026712","title":"Fervo Energy, Nvidia, Pacific Northwest National Laboratory Agree to Build Geothermal Platform","url":"https://stock-news.laohu8.com/highlight/detail?id=2645026712","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645026712?lang=en_us&edition=fundamental","pubTime":"2026-06-22 18:46","pubTimestamp":1782125196,"startTime":"0","endTime":"0","summary":"Fervo Energy , Nvidia , and the Pacific Northwest National Laboratory said Monday they agreed to build a digital twin simulation platform for geothermal systems.The system combines field datasets with physical modeling and artificial intelligence predictions to provide real-time observation of underground conditions, the companies said.Research personnel will train the software architecture using computing infrastructure and field information obtained from operational sites in Nevada and Utah, they said.The companies intend to make the platform public by 2029, they added.Shares of Fervo were up over 12% in Monday premarket activity, while Nvidia shares were slightly lower.Price: 39.45, Change: +4.36, Percent Change: 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