FERVO ENERGY COMPANY

FRVO
Exchange NMS, Currency in USD
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Overview

Previous Close42.50
Open42.25
Ask38.41
Bid29.00
Day's Range38.05 - 42.48
52 Week Range35.50 - 42.65
PE Ratio(TTM)--
Market Cap11.28B
Volume3.4M
Avg. Volume10.47M
12 Months Earnings-57.79M
12 Months Revenue138.00k

Performance

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Profit/Loss

PARTICULARSTTM20252024
Operating Revenue138.00k138.00k199.00k
Cost of Revenue388.00k388.00k380.00k
Gross Profit-250.00k-250.00k-181.00k
Operating Expenses48.56M48.56M41.66M
Profit after Tax (Net Income)-57.79M-57.79M-41.11M

Company Profile

Sector: Utilities
Industry: Utilities - Renewable
HQ Location: Houston, United States
Website: https://fervoenergy.com
Co-Founder, Chairman, CEO, President & Treasurer: Mr. Timothy Michael Latimer
Employees: 199
About Company:
Fervo Energy Company operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling, advanced computational models, 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 headquartered in Houston, Texas.
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