Chief Financial Officer Kevin Vann said the company generated $1.0 billion in revenue , marking the third consecutive quarter at approximately the billion-dollar level. Helmerich & Payne reported a net loss of $0.98 per diluted share , which Vann said was driven by a $103 million combination of a non-cash impairment charge and other unusual non-cash items. Excluding those items, Vann said the company posted a loss of $0.15 per share .Chief Executive Officer John Lindsay said adjusted EBITDA exceeded expecta ...

The U.S. is among the top countries worldwide in the production of geothermal energy, with output of about 4 GW, according to the U.S. Energy Information Administration. California leads the nation, in large part due to the Geysers field in the northern part of the state, which is the largest dry steam geothermal field globally. Indonesia is another top producer, and that country has an estimated reserve capacity of nearly 28 GW, according to government data, far and away the highest potential output of any ...

A buzzy startup backed by Bill Gates and Google is showing that techniques borrowed from the oil business could transform the moribund geothermal industry into an energy source bigger than nuclear power https://t.co/D6k6ugIotk ...

Google invests in Fervo’s $462M round to unlock even more geothermal energy https://t.co/hufa8Jlzqk ...

Exclusive: The geothermal company Fervo Energy has privately raised $462 million from investors including Google to scale a major project in Utah and fund new developments https://t.co/xRbPf88w8c ...

Renewable Energy - Next-generation geothermal energy unlocks a triple green advantage [1] - The industry argues that a neglected renewable's time has finally come [1]

Environmental Impact - Geothermal energy, similar to wind and solar, produces almost no greenhouse gas emissions during operation [1]

By making electricity generation flexible, geothermal kit could double the value of the power it stores https://t.co/NMVOdy3us7 ...

Geothermal Energy Advancements - Traditional geothermal energy exploitation is limited to areas with specific geological conditions: heat of 150°C to 200°C and permeable rock fractures within 4km of the surface [1] - The industry is exploring three new approaches to geothermal energy extraction [1]

Energy Storage - Geothermal-energy systems offer longer power storage durations compared to lithium batteries [1] Technology - The report explains the operational mechanism of a geothermal-energy system [1]