Fervo Energy
Highly Engaged Employees
Highly Engaged EmployeesElectricity, Oil & Gas · Texas, United States · 51-200 Employees
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Overview
Headquarters
910 Louisiana St, Houston, Texas, 77002,...Phone Number
(832) 554-3253Website
www.fervoenergy.comRevenue
<$5 MillionIndustry
ZI Rank: 28
Signal Type
Jan
Feb
Mar
Apr
May
Jun
ZI Rank
13
17
13
13
21
28
About Fervo Energy
Fervo Energy is a geothermal energy company that develops clean power projects using advanced drilling and subsurface technologies. The company applies techniques from the oil and gas industry to unlock geothermal resources and deliver reliable carbon free electricity. Its platform is designed to provide continuous renewable power for utilities, industries, and data centers seeking stable energy sources.Explore more
Fervo Energy Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Company Profile Activity
Activity Insights
Fervo Energy is experiencing low activity levels compared to other companies in the Energy, Utilities & Waste sector.
What does this means?
Fervo Energy is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Fervo Energy.
Fervo Energy financials insights
Gather financial insights about Fervo Energy, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2019
Series A
$11M
2021
Series B
$28M
2022
Series C
$138M
2023
Other Financing Round
$10M
2024
Multiple Rounds
$745M
2025
Other Financing Round
$200M
Series E
$462M
2026
Debt
$421M
IPO
$1.9B
Fervo Energy Tech Stack
A closer look at the technologies used by Fervo Energy
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Most Recent Scoops
Promotion
Executive Move
Executive Moves, Promotion
Earnings
Fervo Energy has reported capital expenditures of $172.8 million for Q1 2026, reflecting intensive construction activity at Cape Station, and projects total capital expenditures of approximately $1.2 billion through Q1 2027, with approximately $1.1 billion allocated to Cape Station and approximately $70 million to early and advanced development activities.
Spending/Investment, Construction
Partnership
Fervo Energy has entered into a geothermal framework agreement with Google, structured as a scalable commercial framework covering up to 3 gigawatts of geothermal power capacity, representing a significant expansion of the two companies' existing commercial relationship.
Partnership, Energy / Power
Project
Fervo Energy is actively constructing Cape Station, one of the world's largest enhanced geothermal systems (EGS) power projects, located in southwest Utah, with 500 megawatts currently under construction and a total site potential of 4.3 gigawatts.
Energy / Power
Partnership
Cloud, Partnership, Research & Development, Energy / Power
Fervo Energy News & Media
Fervo Energy Just Scored a New ‘Buy’ Rating. Here’s Why.
While Fervo Energy has stumbled since its IPO, Jefferies is tuning out the near-term noise and has flipped bullish on FRVO. Should investors follow suit?Fervo Energy (FRVO) Drilled Its Deepest And Hottest Well Yet In Record Time
Fervo Energy drilled its deepest, hottest, and longest well, Sawtooth 7, using its 3.0 well design. The company completed Sawtooth 7 in record time, improving drilling efficiency and project economics for upcoming phases. The new well design is intended to support larger scale development at Fervo Energy's Cape Station Phase II project. Fervo Energy, listed as NasdaqGS:FRVO, is drawing attention with this technical step forward while its stock trades at $25.49. The share price hasFervo Energy Learning Curve Continues on 3rd Generation Well Design, Boosting Drilling Rates by 143% Since Its First Cape Station Well
Sawtooth 7 sets a new drilling pace record, reaching 19,448 feet measured depth with a 7,500-foot lateral in 21 days Sawtooth 7 sets a new drilling pace record, reaching 19,448 feet measured depth with a 7,500-foot lateral in 21 daysFervo Energy Company (FRVO) Q1 2026 Earnings Call Transcript
Fervo Energy Company (FRVO) Q1 2026 Earnings Call June 22, 2026 10:00 AM EDTCompany ParticipantsPaxton BentzingerTimothy Latimer - Co-Founder, Chairman,...
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Fervo Energy is a geothermal energy company that develops clean power projects using advanced drilling and subsurface technologies. The company applies techniques from the oil and gas industry to unlock geothermal resources and deliver reliable carbon free electricity. Its platform is designed to provide continuous renewable power for utilities, in... Read More
