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Why is FRVO down 4.55%?
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FRVO:NASDAQ
Fervo Energy Co
$13.12
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-4.55%(-0.62) 1D
Oct 12, 12:30:01 PM GMT-4 · USD
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| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for FRVO...
Open
$13.66
High
$13.84
Low
$13.09
Mkt. cap
3.87B
Avg. vol.
8.35M
Volume
2.97M
52-wk high
$42.65
52-wk low
$13.09
No. of employees
261
Open
$13.66
High
$13.84
Low
$13.09
Mkt. cap
3.87B
Avg. vol.
8.35M
Volume
2.97M
52-wk high
$42.65
52-wk low
$13.09
No. of employees
261
News stories
From web sources and news partners
Houston Chronicle
·
5 hours ago
Google is betting big on a Houston startup to meet AI's energy hunger
Yahoo Finance
·
3 days ago
Fervo Energy (FRVO) Could Be 65% Undervalued As Cape Station Starts Revenue
Profile
Fervo Energy is a geothermal company based in Houston, Texas, that generates electricity through enhanced geothermal systems. Fervo Energy was co-founded in 2017 by CEO Tim Latimer, a mechanical engineer who worked as a drilling engineer at BHP until 2015, and CTO Jack Norbeck.
In 2023, Fervo Energy announced that its first commercial pilot geothermal plant, Project Red, was successful in generating three megawatt of baseload power and consistently maintained flow rates of 60 litres per second. It is also developing Cape Station, the company's first multi-phased greenfield geothermal development. Wikipedia
About Fervo Energy Co
CEO-
Employees261
Founded2017
HeadquartersHouston, Texas, United States
SectorRenewable energy
Websitefervoenergy.com