Vallourec rises after signing supply agreement with Fervo Energy

ReutersApr 9, 2026 7:09 AM

Shares in french metallurgical group Vallourec VLLP.PA rise 2% after it signed a supply agreement with geothermal company Fervo Energy in the U.S.

The group will be the exclusive supplier of Fervo Energy for U.S. manufactured tubular solutions for a duration of 5-years, it says

It adds its represents up to $800 million in potential revenue over the life of the contract

Shares in Vallourec are trading at their highest price since March 2020

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