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Fervo Energy swings to Q3 2026 net income of $11.66 million from year-earlier loss
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Fervo Energy swings to Q3 2026 net income of $11.66 million from year-earlier loss
  • Fervo Energy swung to third-quarter 2026 net income of $11.66 million from a year-earlier loss.
  • Revenues more than doubled year over year to $116,000.
  • Cape Station’s 33-megawatt GeoBlock 1 entered commercial operation on September 30, ahead of its contractual deadline.
  • A new 15-year power purchase agreement with Google covers 396 megawatts, with first power expected in mid-2028.
  • Second-half 2026 capital expenditure expectations fell to $700 million–$750 million from $850 million–$900 million, without changing expected commercial operation dates.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fervo Energy Co. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611090700PRIMZONEFULLFEED9873031) on November 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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