FRVO Stock — Fervo Energy Company

Fervo Energy Company (FRVO)

Updated October 23, 2026.

FRVO is a stock. Total return is -78.0% over the past 0.4 years, 80.9 points behind SPY at 2.9%.

Fervo Energy Company builds, owns, and operates geothermal power facilities in the United States. The company does not currently have an established distribution schedule. This security may appeal to investors seeking exposure to renewable energy infrastructure without a current income component.

FRVO performance versus SPY

As of Oct 23, 2026

Total return is -78.0% over the past 0.4 years, 80.9 points behind SPY at 2.9%.

FRVO key facts

Asset type

Stock

Asset class

Equity

Inception date

05/13/2026

Distribution frequency

None

Last close

$8.04 (as of 2026-10-23)

Market cap

$2,307,301,407

Average volume

5,969,100

Payout ratio

0.0%

EPS

-$1.26

How Dividend Vision calculates returns

Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FRVO risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider FRVO — and who may not

It is a weaker fit for investors who need monthly cash flow (FRVO does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FRVO

• All tickers starting with F

Tagged: Energy.

Frequently asked questions