FRVO - Fervo Energy Company

Fervo Energy Company, a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling and distributed fiber optic sensing that increase the productivity and lifetime of geothermal wells. The company employs precision directional drilling technology to drill horizontally in geothermal reservoirs and develops a data analytics algorithm that enables the identification of existing resources and optimizes flow distribution through the reservoir for heat mining efficiency.

As of Aug 14, 2026: spot at $19.94, ATM IV 97.8%, max pain $22.50, net GEX -$86.8K.

Sector
Utilities
Industry
Renewable Utilities
Market Cap
$5.78B
Beta
1.54
52-Week Range
16.89-42.65
CEO
Timothy Latimer
Employees
199
IPO Date
May 13, 2026
Exchange
NASDAQ

What FRVO Looks Like to Options Traders Today

negative net gamma exposure (-$86.8K) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (-0.017) is roughly flat across the wings.

What This Page Covers

The FRVO overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.

Frequently asked FRVO overview questions

What is FRVO?
FRVO is the ticker symbol for Fervo Energy Company, a listed security. Fervo Energy Company, a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling and distributed fiber optic sensing that increase the productivity and lifetime of geothermal wells. Listed on NASDAQ. FRVO is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
What does the FRVO options snapshot look like today?
As of Aug 14, 2026, the FRVO options snapshot shows spot at $19.94, ATM IV 97.8%, max pain $22.50, net GEX -$86.8K, expected move 28.04%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are FRVO's key statistics?
Fervo Energy Company (FRVO) carries a market capitalization of $5.78B, beta of 1.54 relative to the broader market, 52-week range of 16.89-42.65. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
What sector or industry does FRVO belong to?
Fervo Energy Company operates in the Utilities sector, in the Renewable Utilities industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare FRVO's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the FRVO data on this page?
The options snapshot above is dated Aug 14, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).