FRVO ▼ -0.8% - Fervo Energy Company $FRVO - Fervo Energy Secures Two U.S. Department of Energy Awards to Develop Next-Generation Geothermal in Idaho and Nevada Fervo Energy shares fell 0.8% despite securing two U.S. Department of Energy awards to develop next-generation geothermal projects in Idaho and Nevada. The modest decline suggests investors may be pricing in the long development timelines typical of geothermal infrastructure projects, or taking profits following recent gains in renewable energy stocks. 22-SEP-2026 09:00 AM ET