- Price
- $22.75
- Day
- +2.52%
- Mkt Cap
- $6.53B
- 52W Range
- $16.89 – $42.65
- Volume
- 2.21M
- Beta
- 1.54
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HOUSTON, Aug. 03, 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 second quarter 2026 financial and operational results before the market opens on Wednesday, August 12, 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.
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AI's power boom is reshaping the energy market, and these are some companies investors should watch.
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Fervo Energy Company remains in pre-commercial R&D, with Q1 '26 revenues of $61k and a net loss of $32m, reflecting early-stage operations. FRVO's cash position of $281m and manageable debt provide liquidity to fund expansion and pilot projects for up to three years at current burn rates. Operational progress includes a record-setting Gen 3.0 well, supply chain agreements, and over 658 MW under binding PPAs, supporting a $7.2B revenue backlog.
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Wall Street kicked off the week with a flurry of analyst calls spanning energy, tech, and consumer names, and not everyone got good news. Find out which stocks earned fresh upgrades and which ones faced brutal target price cuts amid a turbulent market backdrop.
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