Added to YB: 2026-09-04
Pitch date: 2026-09-02
FRVO [neutral]
Fervo Energy Company
-6.1%
current return
Author Info
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Company Info
Fervo Energy Company builds, owns, and operates geothermal power facilities in the United States. Fervo Energy Company was incorporated in 2017 and is headquartered in Houston, Texas.
Market Cap
$5.8B
Pitch Price
$18.27
Price Target
N/A
Dividend
N/A
EV/EBITDA
-62.55
P/E
-6.33
EV/Sales
13.6K
Sector
Independent Power and Renewable Electricity Producers
Category
growth
Fervo Energy Signs 396 MW Deal With Google
FRVO (update): Fervo Energy added a 396 MW binding Google power-purchase agreement to 658 MW of existing PPAs, with a path in the agreement to expand to 1 GW by 2030 and a separate non-binding 3 GW right of first refusal. Its rural, water-neutral geothermal pipeline may face less opposition than urban data-center projects, but federal-land approvals remain uncertain and permitting frameworks can change with administrations and state rules.
Read full article (2 min)