Fervo Energy Company
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Timothy Latimer
- Full Time Employees
- 199
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- 811 Main Street Houston TX United States of America 77002
- IPO Date
- May 13, 2026
- CIK
- 0001853868
- Website
- fervoenergy.com
- Similar Companies
- Business
- Fervo Energy Company, a geothermal energy developer and operator, focuses on the commercialization of enhanced geothermal systems (EGS) to deliver firm, carbon-free baseload power through scalable GeoBlocks and GeoClusters; it designs, builds, owns, and operates geothermal power facilities across leased acreage in the United States, leveraging horizontal drilling, hydraulic fracturing, fiber optic sensing, and data analytics to characterize resources, optimize reservoir performance, and govern project economics. Main products and services - Geothermal project development and engineering: site selection, resource characterization, subsurface modeling, reservoir management; - Enhanced Geothermal Systems (EGS) technology deployment: horizontal drilling, hydraulic fracturing, modular GeoBlock construction, multi‑gigawatt GeoCluster development; - Engineering, procurement, and construction (EPC) services for geothermal facilities; - Ownership and operation of geothermal power plants under long‑term power purchase agreements (PPAs) with utilities, hyperscalers, and corporate buyers; - Geothermal lease portfolio management and project pipeline development; - Monitoring and optimization technologies: fiber optic sensing for subsurface monitoring, data analytics to optimize energy extraction and reservoir performance; - Resource data and analytics services to support planning, permitting, and commercialization of geothermal assets. Latest major company changes - Strategic capital raise and potential public listing to broaden access to growth capital for expansion of GeoCluster pipelines; - Strategic alliances to accelerate deployment and leverage existing energy industry supply chains; - Expansion of leased acreage and pipeline development to increase near‑term and mid‑term generation capacity; - Adoption of advanced reservoir monitoring and analytics capabilities to improve resource characterization and project economics; - Reorganization or corporate structuring to support scale‑up and international growth (if applicable in the latest filings). Additional context - Industry and segments: renewable energy, geothermal power generation, energy technology, subsurface resource development; - Target markets and customers: utilities, hyperscale cloud providers, corporate energy buyers seeking firm, carbon‑free baseload power; - Geographic operations: United States, with potential expansion to other geographic regions as projects mature; - Founding year and headquarters: founded in 2017; headquartered in Houston, Texas; - Subsidiaries/parent relationships: standalone geothermal developer with potential parent or affiliate structures as it grows its GeoCluster portfolio; - Notable attributes: uses horizontal drilling, fiber optic sensing, and advanced data analytics to unlock scalable, reliable geothermal energy and to monetize long‑term PPAs.
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