Fervo Energy is trading at $16.75, up +8.88% in pre-market on September 1, 2026, as energy stocks rally amid rising oil prices and heightened U.S.-Iran tensions.
- Energy stocks are up 1.75% pre-market, outperforming the broader market as major indexes decline.
- No clear company-specific announcement explains the move. Fervo Energy’s August 31 update discussed faster geothermal project delivery but did not explicitly link it to the stock move.