$3.72/Share Loss Reported by Fervo Energy in Q1 Post-IPO
Reported by Dow Jones Newswires
Sentiment
Negative
Importance
8
Price
$38.36
Mkt Cap
$9.95B
52W Low
$32.392
52W High
$42.65
Market data snapshot near publication time
Summary
Fervo Energy reported a loss of $3.72 per share for its first quarter. This marks the company's initial financial disclosure since its IPO in mid-May, which successfully raised over $2 billion. The significant loss provides the first look at the geothermal energy company's post-public performance and will be critical for investor sentiment and future valuation.
At the time of this announcement, FRVO was trading at $38.36 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $10B. The 52-week trading range was $32.39 to $42.65. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.
Price Chart
FRVO - Latest Insights
FRVO
Jun 22, 2026, 7:30 AM EDT
Price at Filing:
$38.00
Real-time Price:
$39.80
Change:
+$1.80 (+5%)
Market Cap:
$11.286B
FRVO
Jun 22, 2026, 7:04 AM EDT
Price at Filing:
$38.49
Real-time Price:
$39.80
Change:
+$1.31 (+3%)
Market Cap:
$11.286B
FRVO
Jun 22, 2026, 7:01 AM EDT
Price at Filing:
$38.36
Real-time Price:
$39.80
Change:
+$1.44 (+4%)
Market Cap:
$11.286B
FRVO
May 15, 2026, 4:30 PM EDT
Price at Filing:
$41.12
Real-time Price:
$39.80
Change:
-$1.32 (-3%)
Market Cap:
$11.286B
FRVO
May 15, 2026, 7:00 AM EDT
Price at Filing:
$38.90
Real-time Price:
$39.80
Change:
+$0.900 (+2%)
Market Cap:
$11.286B
FRVO
May 14, 2026, 9:26 AM EDT
Price at Filing:
$35.50
Real-time Price:
$39.80
Change:
+$4.30 (+12%)
Market Cap:
$11.286B