Fervo Energy Reports Q2 2026 Results and Operational Growth

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Fervo Energy Reports Second Quarter 2026 Results and Operational Progress

Houston, TX - August 12, 2026 - Fervo Energy Company (NASDAQ: FRVO), the global pioneer of next-generation geothermal energy, reported its financial and operational results for the second quarter ended June 30, 2026. The company highlighted strong growth in power demand, an increased long-term development target, and major milestones in its Cape Station projects following its recent public debut.

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About Fervo Energy Co

We are a geothermal energy developer that builds, owns, and operates geothermal power facilities. As the pioneer of EGS, we are commercializing a new category of firm, 24/7 power that is scalable, rapidly deployable, and geographically flexible. We apply proven technologies, such as horizontal drilling, multistage hydraulic fracturing, and enhanced subsurface monitoring, to design and control subsurface flow pathways, enabling predictable heat recovery without reliance on rare natural fracture networks. This standardized, repeatable approach addresses the scalability and development risks that have historically constrained traditional geothermal and positions EGS to deliver reliable, cost-competitive power with a clear path to learning curve-driven cost declines.

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