Fervo Energy Co. (FRVO)
Nasdaq · Electric Services · Transportation, communications and utilities · CIK 1853868 · fiscal year ends in Dec
Closing price $8.28 on 30 Oct 2026; 52-week range $7.97 to $42.50.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Market value
- $2.4B
- Cash
- $2.1B
- Debt
- $228.4M
- Debt to equity
- 0.08
- Shares outstanding
- 294.8M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $113.0K | -$55.9M | -$0.38 |
| Q1 FY2026 | 31 Mar 2026 | $61.0K | -$31.8M | -$3.72 |
| Q2 FY2025 | 30 Jun 2025 | $0 | -$11.4M | -$1.31 |
| Q1 FY2025 | 31 Mar 2025 | $0 | -$9.1M | -$1.02 |
Company events
The newest 8-K filings of 6 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 1 Oct 2026 | 8-K | Investor update | 7.01, 9.01 |
| 1 Sep 2026 | 8-K | Other events | 8.01, 9.01 |
| 12 Aug 2026 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 22 Jun 2026 | 8-K | Results, Investor update | 2.02, 7.01, 9.01 |
| 10 Jun 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 15 May 2026 | 8-K | Bylaws or fiscal year change, Other events | 5.03, 8.01, 9.01 |
Every filing
The newest filings with the SEC of 26 held.
| Filed | Form | Period |
|---|---|---|
| 1 Oct 2026 | 8-K | 1 Oct 2026 |
| 1 Sep 2026 | 8-K | 26 Aug 2026 |
| 13 Aug 2026 | 10-Q | 30 Jun 2026 |
| 12 Aug 2026 | 8-K | 12 Aug 2026 |
| 23 Jun 2026 | 10-Q | 31 Mar 2026 |
| 22 Jun 2026 | 8-K | 22 Jun 2026 |
| 10 Jun 2026 | 8-K | 10 Jun 2026 |
| 15 May 2026 | 8-K | 12 May 2026 |
| 14 May 2026 | S-8 POS | – |
| 14 May 2026 | S-8 | – |
| 12 May 2026 | EFFECT | – |
| 12 May 2026 | CERT | – |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 27 Oct 2026 | John Douglas Arnold | 13G | 5.3% | 15.3M |
| 14 Aug 2026 | TIF Partners, LLC | 13G | 11.9% | 34.2M |
| 14 Aug 2026 | DCVC VI, L.P. ("DCVC VI") | 13G | 6.3% | 18.1M |
| 13 Aug 2026 | DEVON ENERGY CORP/DE | 13G | 12.5% | 35.7M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 23.6M | -8.22% | 2.48 |
| 30 Sep 2026 | 25.7M | +45.43% | 3.59 |
| 15 Sep 2026 | 17.7M | +31.11% | 1.78 |
| 31 Aug 2026 | 13.5M | +40.93% | 3.26 |
| 14 Aug 2026 | 9.6M | -6.05% | 3.23 |
| 31 Jul 2026 | 10.2M | +28.4% | 3.5 |
| 15 Jul 2026 | 7.9M | -24.36% | 2.13 |
| 30 Jun 2026 | 10.5M | +67.79% | 3.51 |
Funds that hold it
From each fund's latest Form 13F.
184 funds held it at 30 Jun 2026: 181 added and 0 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Devon Energy Corp | 35,728,296 | $1.0B | +35,728,296 |
| Capricorn Investment Group LLC | 34,227,393 | $1.0B | +34,227,393 |
| JPMorgan Chase & Co. | 7,566,646 | $240.4M | +7,566,646 |
| Canada Pension Plan Investment Board | 7,298,685 | $213.3M | +7,298,685 |
| Capital Research Global Investors | 6,004,702 | $175.5M | +6,004,702 |
| BlackRock, Inc. | 4,529,397 | $132.4M | +4,529,397 |
| Wellington Management Group LLP | 4,433,801 | $129.6M | +4,433,801 |
| T. Rowe Price Investment Management, Inc. | 3,996,908 | $116.8M | +3,996,908 |
| Liberty Mutual Group Asset Management Inc. | 3,880,626 | $113.4M | +3,880,626 |
| UBS Group AG | 3,666,360 | $107.2M | +3,666,360 |
Peers
Companies in the same industry.
- NextEra Energy Inc. (NEE): revenue $28.8B, market value $175.6B
- Southern Co. (SO): revenue $30.2B, market value $107.8B
- Constellation Energy Corp. (CEG): revenue $31.3B, market value $93.2B
- American Electric Power Co. Inc. (AEP): revenue $23.6B, market value $70.9B
- Dominion Energy, Inc. (D): revenue $19.2B, market value $58.6B
- Entergy Corp. (ETR): revenue $13.5B, market value $51.4B
- Vistra Corp. (VST): revenue $19.2B, market value $46.5B
- DTE Energy Co. (DTE): revenue $16.5B, market value $28.2B
- Centerpoint Energy Inc. (CNP): revenue $9.8B, market value $28.1B
- Firstenergy Corp. (FE): revenue $16.2B, market value $27.2B