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. The company was incorporated in 2017 and is based in Houston, Texas, with an additional location in Berkeley, California.
Sector: Electric Services
Industry: Renewable Utilities
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based on 294.76M shares outstanding
USFervo 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.
The company was incorporated in 2017 and is based in Houston, Texas, with an additional location in Berkeley, California.
Timothy Michael Latimer
Co-Founder, Chairman, CEO, President & Treasurer
Jack Hunter Norbeck
Co-Founder & CTO
David Lawrence Ulrey
Chief Financial Officer
Christian Gradl
Senior Vice President of GeoBlock Factory
Employees
261
Country
US
Sector
Utilities
Website
fervoenergy.com
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based on 294.76M shares outstanding
US30d Avg
6.99M
60d Avg
6.95M
90d Avg
5.50M
