FRVO
SinkerFervo Energy Company · Utilities · United States · $2.4B cap · $127.4M/day traded
$12.94 +13.7% · close 11 Nov · scored 12 Nov
Score down 2.2 since 11 Nov: Momentum down 5.
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 12 Nov 2026, the MoatMap Score for Fervo Energy Company (FRVO) is 5/100, ranked against 25,000+ stocks in 38 markets (Quality 21, Value 29, Momentum 21, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT FERVO ENERGY COMPANY
Read
Fervo Energy Company operates as a geothermal energy developer, builds, owns, and operates geothermal power facilities.
FINANCIAL SUMMARY (USD)
| Year | 2024 | 2025 | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|
| Revenue | 0.2M | 0.1M | 0.3M | 6.0M | 71.8M | 2180.2% |
| EPS | -0.14 | -0.20 | -1.26 | -0.39 | -0.28 | — |
| Shares | 294.1M | 294.1M | 287.0M | — | — | — |
| Debt | 81.8M | 250.3M | 338.3M | — | — | — |
| Equity | -177.2M | -246.5M | — | — | — | — |
| Op CF | -54.7M | -31.8M | -81.8M | — | — | — |
| Inv CF | -178.7M | -465.7M | — | — | — | — |
| Fin CF | 403.8M | 765.8M | — | — | — | — |
Not enough steady price history for a read yet.
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of FRVO are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| FRVO | Fervo Energy Company(you) | $2.4B | 5 |
| FLNC | Fluence Energy, Inc. | $1.1B | 5 |
| ORA | Ormat Technologies, Inc. | $5.4B | 8 |
| BEPC | Brookfield Renewable Corporation | $5.4B | 17 |
| NRGV | Energy Vault Holdings, Inc. | $464M | 11 |
| CWEN | Clearway Energy, Inc. | $7.7B | 32 |
| MWH | SOLV Energy, Inc. | $4.3B | 57 |
| VGAS | Verde Clean Fuels, Inc. | $58M | 4 |
| NXXT | NextNRG, Inc. | $51M | 6 |
| AGIG | Abundia Global Impact Group Inc | $57M | 8 |
Peer medians: ROE 9.1% · P/E 20.5x · Gross margin 45.6%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.