Fervo Energy Co. is a leader in the next-generation geothermal energy sector, dedicated to providing reliable, carbon-free power to the grid. Founded in 2017, the company utilizes 'Enhanced Geothermal Systems' (EGS) technology, which adapts horizontal drilling and multi-stage well completion techniques from the oil and gas industry to extract heat from deep underground. This approach allows Fervo to access geothermal resources in locations previously considered non-viable, significantly expanding the potential for geothermal energy globally. Fervo's business model centers on providing 'firm' renewable energy—power that is available 24/7, unlike intermittent sources like wind and solar. This makes the company a vital partner for utilities and technology firms looking to meet 100% carbon-free energy goals. A landmark achievement for the company was the 2023 launch of its commercial-scale project in Nevada, which provides clean energy to Google’s data centers, demonstrating the commercial viability of EGS. Headquartered in Houston, Texas, Fervo Energy is led by CEO Tim Latimer. The company continues to scale its operations with large-scale projects in the Western United States, including the Cape Station project in Utah. By combining advanced data analytics, fiber-optic sensing, and innovative engineering, Fervo aims to drive down the cost of geothermal power and establish it as a cornerstone of the global clean energy transition.
The sum of declared dividends issued by a company for every ordinary share outstanding.
Dividend Yield is a financial ratio that shows how much a company pays out in dividends each year relative to its share price in the last twelve months. In the absence of any capital gains, the dividend yield is the return on investment for a stock.
It is another way that companies have to remunerate their shareholders, being an alternative to dividends. Shows the % of repurchases per share made in the last 12 months in relation to the share price.
Sum of Dividend Yield and BuyBack Yield to show the total return that the shareholder received in the last 12 months in relation to the share price.
The dividend payout ratio is the ratio of the total amount of dividends paid out to shareholders relative to the net income of the company. It is the percentage of earnings paid to shareholders via dividends.
Retained earnings (RE) are the amount of net income left over for the business after it has paid out dividends to its shareholders and are an important variable for assessing a company's financial health because it shows the net income that a company has saved over time, and therefore has the ability to reinvest in the business or distribute to shareholders.
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