Nabors Energy Transition Corp. II (NETDU) Stock Price, News & Analysis

Company Overview

Nabors Energy Transition Corp. II is a special purpose acquisition company (SPAC) formed to pursue acquisitions, mergers or asset purchases in the energy transition sector. Listed on the Nasdaq under the ticker NETDU, the company holds capital in a trust account pending the identification and completion of a qualifying business combination. Its mandate centers on identifying businesses that can drive decarbonization and the broader transition to cleaner energy sources.

The company’s investment focus encompasses renewable power generation, battery energy storage systems, hydrogen production and distribution, carbon capture and sequestration, and critical minerals required for clean-energy technologies. By targeting businesses and projects within these areas, Nabors Energy Transition Corp. II seeks to leverage emerging market opportunities that support reduced carbon intensity, enhanced energy efficiency and the development of low-carbon infrastructure globally.

Sponsored by Nabors Industries, a leading provider of drilling and well-construction services, the SPAC benefits from the sponsor’s extensive operational expertise and industry network. The management team is guided by executives with deep experience in oilfield services, energy project finance and strategic growth initiatives. While based in Bermuda for corporate purposes, the company’s activities and prospective acquisition targets span North America, Europe and other markets with strong momentum behind clean-energy deployment.

Key Stats

• Today's Range: $11.31 to $11.31
• 50-Day Range: $11.27 to $11.44
• 52-Week Range: $10.55 to $11.50
• Volume: N/A
• Average Volume: 4,786 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

NETDU Stock Analysis - Frequently Asked Questions

How have NETDU shares performed this year?

Nabors Energy Transition Corp. II's stock was trading at $10.84 at the start of the year. Since then, NETDU shares have increased by 4.3% and is now trading at $11.31.

When did Nabors Energy Transition Corp. II IPO?

Nabors Energy Transition Corp. II (NETDU) raised $300 million in an IPO on Friday, July 14th 2023. The company issued 30,000,000 shares at a price of $10.00 per share.

How do I buy shares of Nabors Energy Transition Corp. II?

Shares of NETDU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Shell Companies
• Sub-Industry: Trading
• Current Symbol: NASDAQ:NETDU
• CIK: 1975218
• Web: www.nabors-etcorp.com
• Phone: 281-874-0035
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A