🔴 Fervo Energy is trading 7.2% down today after a $55.9 million Q2 net loss

Fervo Energy is trading 7.2% down at $15.68 after investors continued reacting to second-quarter results.

• Reported a $55.9 million net loss and $110,000 in Q2 revenue, with substantial construction and drilling spending.
• Capital expenditures reached $226.5 million; 2027 revenue guidance is $60–80 million because of transmission-related curtailment, intensifying concerns about cash burn and execution risk.
• The Nasdaq is down 0.63%, and elevated Treasury yields may add pressure on growth stocks, but the primary catalyst is company-specific earnings disappointment.