@zimbuckapp: Fervo Energy soars 26% as Cape Station goes live. Shares of Fervo Energy (NASDAQ: FRVO) closed up 26% at $11.38 on Monday after its Q3 results, as the first 33 MW GeoBlock at its Cape Station geothermal plant in Utah entered commercial operation on September 30, ahead of schedule. Its contracted backlog jumped to 1,054 MW worth $11.9 billion, including a new 15-year, 396 MW power deal with Google. Fervo reported Q3 net income of $11.7 million with a net loss of $0.07 per share, beating expectations, and ended the quarter with $1.9 billion in cash. #Fervo #FRVO #Geothermal #EnergyStocks #Google #Stocks Read the full blog/news on Zimbuck: https://zimbuck.com/posts/2448 Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com

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