Fervo Energy is trading 4.4% up now at $15.42, rebounding amid an energy-sector rally as oil prices rise amid heightened U.S.-Iran tensions and Strait of Hormuz supply-disruption fears.
- It rebounded after its August 28 close of $14.77, following a 7.46% decline.
- No new company-specific announcement was identified on August 31.
- Investor attention remains focused on the previously reported securities investigation concerning Cape Station disclosures and expected 2027 revenue.