Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal
Published . Updated .
Geothermal startup Mazama is drilling three miles underground to tap superhot rock, with one well capable of generating 15 MW of electricity 24/7.
Directly affected
- No company is named in this report.
Indirectly affected
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- CVX Chevron
Oil producers earn more when crude prices rise
- OXY Occidental Petroleum
Oil producers earn more when crude prices rise
- COP ConocoPhillips
Oil producers earn more when crude prices rise
- VLO Valero
Refiners' profits move with crude and fuel prices
- MPC Marathon Petroleum
Refiners' profits move with crude and fuel prices
- XOP SPDR S&P Oil & Gas Exploration
A fund of oil and gas producers
- XLE Energy Select Sector SPDR
A fund of energy companies
- USO United States Oil Fund
This fund moves with oil prices
- OIH VanEck Oil Services
Oilfield services rise when drilling follows oil prices
Price reaction, T-5 to T+3
Pgim Rock Etf Tr (AUGP) since this story, compared with the market
Since the first closing price after “Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal,” Pgim Rock Etf Tr (AUGP) is -0.13%. The S&P 500 fund (SPY) is -0.89% over the same days, a +0.76% difference versus the market.
Who gains and who loses around Pgim Rock Etf Tr (AUGP)
Companies carried with this story
- AUGP Pgim Rock Etf Tr
Pgim Rock Etf Tr (AUGP) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal.” Reason on file: GA selected AUGP as a RELATED security because its canonical security name directly matches this event's themes: rock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BREW Corgi Etf Tr I Coffee & Energy
Corgi Etf Tr I Coffee & Energy (BREW) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal.” Reason on file: GA selected BREW as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BUFP Pgim Rock Etf Tr
For “Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal,” Pgim Rock Etf Tr (BUFP) is linked, with no stored direction, medium confidence. Reason on file: GA selected BUFP as a RELATED security because its canonical security name directly matches this event's themes: rock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FAN First Trust Global Wind Energy Etf
First Trust Global Wind Energy Etf (FAN) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal.” Reason on file: GA selected FAN as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FRNW Fidelity Clean Energy Etf
Fidelity Clean Energy Etf (FRNW) is linked, with no stored direction, medium confidence in the 18 Sep 2026 story “Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal.” Reason on file: GA selected FRNW as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- IBAT Ishares Energy Storage & Materials Etf
For “Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal,” Ishares Energy Storage & Materials Etf (IBAT) is linked, with no stored direction, medium confidence. Reason on file: GA selected IBAT as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Pgim Rock Etf Tr (AUGP)
Pgim Rock Etf Tr (AUGP) is the company in “Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal,” the 18 Sep 2026 this story story.
For Pgim Rock Etf Tr (AUGP), the reason on file says GA selected AUGP as a RELATED security because its canonical security name directly matches this event's themes: rock. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Corgi Etf Tr I Coffee & Energy (BREW) is here too. Its reason reads: GA selected BREW as a RELATED security because its canonical security name directly matches this event's themes: energy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates and price levels for Pgim Rock Etf Tr (AUGP)
AUGP traded between 33.82 and 34.42 across 20 sessions. The latest close on file is 34.12. BREW traded between 25.07 and 27.93 across 7 sessions. The latest close on file is 25.07. BUFP traded between 32.74 and 33.29 across 20 sessions. The latest close on file is 33.06.
How strong the case is around Pgim Rock Etf Tr (AUGP)
100 out of 100
“Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal” scores 100 out of 100. The score uses 6 linked companies.