$3.72/Share Loss Reported by Fervo Energy in Q1 Post-IPO
Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: Energy
Sentiment
Negative
Importance
8
Price
$38.36
Mkt Cap
$9.95B
52W Low
$32.392
52W High
$42.65
52W Position
18% above low
Off High
10% below high
Rel. Volume
0.5× avg
Market data snapshot near publication time
FRVO sits 18% above its 52-week low of $32.392.
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
Jul 08, 2026, 6:06 PM EDT
Price at Filing:
$24.20
Real-time Price:
$23.72
Change:
-$0.480 (-2%)
Market Cap:
$6.989B
FRVO
Jun 23, 2026, 7:41 AM EDT
Price at Filing:
$35.58
Real-time Price:
$23.72
Change:
-$11.86 (-33%)
Market Cap:
$6.989B
FRVO
Jun 23, 2026, 7:39 AM EDT
Price at Filing:
$35.58
Real-time Price:
$23.72
Change:
-$11.86 (-33%)
Market Cap:
$6.989B
FRVO
Jun 22, 2026, 7:30 AM EDT
Price at Filing:
$38.00
Real-time Price:
$23.72
Change:
-$14.28 (-38%)
Market Cap:
$6.989B
FRVO
Jun 22, 2026, 7:04 AM EDT
Price at Filing:
$38.49
Real-time Price:
$23.72
Change:
-$14.77 (-38%)
Market Cap:
$6.989B