Fervo Energy Company
USD · NASDAQ:FRVO
Issue Size
$1.89B
Price Range
$25.00 - $26.00
Shares
283.56M o/s · 70M offered
Listing Price
$36.00
Listing date
May 13, 2026
Sector
Utilities
About
Fervo Energy Company
Fervo Energy Company operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities.
The company's product incorporates horizontal drilling, advanced computational models, and distributed fiber optic sensing that increase the productivity and lifetime of geothermal wells.
The company employs precision directional drilling technology to drill horizontally in geothermal reservoirs and develops a data analytics algorithm that enables the identification of existing resources and optimizes flow distribution through the reservoir for heat mining efficiency.
Fervo Energy Company Overview
Ticker, listing venue and issuer profile
Offer & Key Dates
Pricing terms and IPO milestones
Change from offer price to today
Live Market Snapshot
Real-time price; headline % change is vs first trade (listing price)
USD · NASDAQ:NASDAQ:FRVO
Valuation & Multiples
Key valuation ratios and metrics
Financial Health
Balance sheet strength and liquidity
Profitability & Returns
Margins and return on capital
Analyst Estimates
Street consensus and price targets
Financial Highlights
Historical financial performance
Historical Data
Market history and supplemental quote data
| Date | Open | High | Low | Close | Adj. Close | Change | Volume |
|---|---|---|---|---|---|---|---|
| 2026-05-29 | $38.67 | $39.00 | $35.82 | $36.66 | $36.66 | -2.01 | 2,798,300 |
| 2026-05-28 | $37.27 | $39.00 | $36.00 | $38.70 | $38.70 | +1.43 | 1,553,100 |
| 2026-05-27 | $39.13 | $39.48 | $36.84 | $37.32 | $37.32 | -1.81 | 2,176,800 |
| 2026-05-26 | $39.34 | $39.68 | $37.65 | $39.51 | $39.51 | +0.17 | 2,382,400 |
| 2026-05-22 | $42.30 | $42.48 | $38.05 | $38.35 | $38.35 | -3.95 | 3,401,800 |
| 2026-05-21 | $38.78 | $42.57 | $37.84 | $42.50 | $42.50 | +3.72 | 7,992,700 |
| 2026-05-20 | $37.96 | $39.30 | $36.23 | $38.01 | $38.01 | +0.05 | 2,989,300 |
| 2026-05-19 | $38.73 | $39.89 | $36.33 | $36.34 | $36.34 | -2.39 | 9,900,100 |
| 2026-05-18 | $41.27 | $42.35 | $37.90 | $38.60 | $38.60 | -2.67 | 5,903,100 |
| 2026-05-15 | $37.40 | $42.65 | $37.35 | $41.06 | $41.06 | +3.66 | 7,052,000 |
| 2026-05-14 | $35.88 | $40.95 | $35.50 | $40.63 | $40.63 | +4.75 | 11,370,400 |
| 2026-05-13 | $36.00 | $38.41 | $36.00 | $36.54 | $36.54 | +0.54 | 35,164,300 |
SEC Filings
Official documents from SEC EDGAR
| Form | Filing Date | Document |
|---|---|---|
| 8-K | May 15, 2026 | Current Report |
| S-8 POS | May 14, 2026 | Securities to be offered to employees in employee benefit plans, post-effective amendments |
| S-8 | May 14, 2026 | Securities to be offered to employees in employee benefit plans |
| 424B4 | May 14, 2026 | Prospectus |
| EFFECT | May 12, 2026 | Notice of Effectiveness |
| CERT | May 12, 2026 | Certification by an exchange approving securities for listing |
| 8-A12B | May 11, 2026 | Registration of securities |
| S-1/A | May 11, 2026 | [Amend] General form for registration of securities under the Securities Act of 1933 |
| S-1/A | May 8, 2026 | [Amend] General form for registration of securities under the Securities Act of 1933 |
| S-1/A | May 4, 2026 | [Amend] General form for registration of securities under the Securities Act of 1933 |
Company Info
Contact and headquarters details
Leadership
Key executives and officers
Tim Latimer
Chief Executive Officer and Chair of the Board
Jack Norbeck
Chief Technology Officer
David Ulrey
Chief Financial Officer
Gustavo Torres
Senior Vice President, General Counsel & Corporate Secretary
Sarah Jewett
Senior Vice President, Strategy
Quinn Woodard Jr.
Vice President, Operations
Dawn Owens
Senior Vice President, Head of Development & Commercial Markets
Christian Gradl
Senior Vice President, GeoBlock Factory
Margaret C. Whitman
Lead Independent Director
Robert Keehan
Director and Chair of the Audit Committee
