NASDAQ · FRVOUtilitiesElectric, Gas & Water Utilities

Fervo Energy Company Class A common stock (FRVO)

$8.97−3.81%
Close Nov 4, 2026 · split-adjusted
Nov 3, 2026$9.32▼ 40.22% in range
Sep 11, 2026Low $7.97 · High $16.91Nov 3, 2026
What changed · written from our data
As of Nov 4, 2026

Fervo Energy closed at $8.96 on Nov 4, down 3.81%, 47.0% below its highest close since Sep 11. Volume of 5.5M shares was 0.63× its 20-day average (below normal).

Split-adjusted performance: -37.4% over one month.

In the quarter ended Jun 30, 2026, revenue was $113K, with a net margin of -52678.8%.

Short interest was 23.6M shares at the Oct 15 settlement, down 8.2% from the prior report (13.0% of float, 2.5 days to cover).

Market cap$2.64B294.8M shares
Revenue · quarter$113.0K—
Diluted EPS$-0.38—
P/E · TTM—
Net margin-52,678.8%Gross -1,489.4%
Dividend yieldNone
Range since Sep 117.97 – 16.91−47.0% from high
Volume5.5M0.63× 20-day avg
Volatility · 60d—Annualised
Short % of float13.0%2.5 days to cover
Net cash$1.88BCash $2.11B
Next earnings—Not scheduled
Split-adjusted performance
1W +7.6%1M −37.4%3M —6M —YTD —1Y —3Y —5Y —

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Electric, Gas & Water Utilities

Percentile among 118 companies (100 = best)

6-month momentum—
Revenue growth—
Net margin0
Value (low P/E)—
Size36

Industry medians: 6-month return −1.4%, revenue growth +6.9%, net margin 12.0%, P/E 20.9×.

Short interest

Details →
Shares short23.6M−8.2% vs prior
Days to cover2.5Settled Oct 15
% of float13.0%
Short vol. 10d57.8%of daily volume

Closest peers by size in Electric, Gas & Water Utilities

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
FRVOFervo Energy$8.97−3.81%——−52678.8%—$2.64B
MGEEMGE Energy$77.84+5.29%−3.7%+1.1%20.7%19.7$2.94BCompare
HTOH2O America$62.16+2.51%+7.9%+4.0%17.2%28.6$3.00BCompare
CWTCalifornia Water Service$49.86+1.53%+15.9%+6.7%19.7%22.8$3.14BCompare
NWNNorthwest Natural Holding$51.59+2.77%+6.0%+3.1%0.2%17.2$2.17BCompare
AVAAvista$40.09+5.20%−1.2%+0.5%8.5%14.8$3.36BCompare
CTRICenturi Holdings$19.94−9.28%−52.3%+32.9%0.6%69.8$2.01BCompare
AWRAmerican States Water$88.60+1.99%+16.8%+11.2%23.9%24.5$3.51BCompare
OTTROtter Tail$84.31+1.08%−5.2%+0.4%−2.3%18.1$3.54BCompare

Quick answers

What does Fervo Energy do?
Fervo Energy Co operates as a geothermal energy developer that builds, owns, and operates geothermal power facilities. Its innovations include technologies such as computational models, horizontal drilling, and distributed fiber optic sensing.
What is FRVO's market cap?
$2.64B, based on the Nov 4 close of $8.96.
Does Fervo Energy pay a dividend?
No regular cash dividend has been paid in the last year.
How much of FRVO is sold short?
23.6M shares, 13.0% of float, as of Oct 15, 2026.
What sector is FRVO in?
Utilities, in the Electric, Gas & Water Utilities industry.

About Fervo Energy

Fervo Energy Co operates as a geothermal energy developer that builds, owns, and operates geothermal power facilities. Its innovations include technologies such as computational models, horizontal drilling, and distributed fiber optic sensing. The company's revenue is derived mainly from the sale of electricity from geothermal resources, facilitated through long-term PPAs with utilities and other entities.

HQ: Houston, TXListed May 13, 2026fervoenergy.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology