Nabors Energy Transition II (Nasdaq:NETD) - Stock Price, News & Analysis

NETD Stock Overview

Focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. More details

NETD fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	2/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue ($0)

Latest financial reports are more than 6 months old

Nabors Energy Transition Corp. II Competitors

Primavera Capital Acquisition

NYSE:PV

US$410.1m

FRMO

OTCPK:FRMO

US$418.1m

Churchill Capital Corp VI

NYSE:CCVI

US$433.1m

Sierra Lake Acquisition

NasdaqCM:SIER

US$379.5m

Price History & Performance

Summary of all time highs, changes and price drops for Nabors Energy Transition II
Historical stock prices
Current Share Price	US$10.72
52 Week High	US$10.88
52 Week Low	US$10.27
Beta	0
11 Month Change	0.66%
3 Month Change	0.85%
1 Year Change	4.29%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.72%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	NETD	US Capital Markets	US Market
7D	0.1%	0.2%	-1.2%
1Y	4.3%	55.4%	30.4%

Return vs Industry: NETD underperformed the US Capital Markets industry which returned 55.4% over the past year.

Return vs Market: NETD underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is NETD's price volatile compared to industry and market?
NETD volatility
NETD Average Weekly Movement	0.3%
Capital Markets Industry Average Movement	3.9%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: NETD has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NETD's weekly volatility (0%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2023	n/a	Tony Petrello	www.nabors-etcorp.com

Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions. Nabors Energy Transition Corp. II company was incorporated in 2023 and is based in Houston, Texas.

Nabors Energy Transition Corp. II Fundamentals Summary

How do Nabors Energy Transition II's earnings and revenue compare to its market cap?
NETD fundamental statistics
Market cap	US$408.71m
Earnings (TTM)	US$10.09m
Revenue (TTM)	n/a

40.5x

P/E Ratio

0.0x

P/S Ratio

Is NETD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NETD income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$10.09m
Earnings	US$10.09m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.26
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	1.0%

How did NETD perform over the long term?

See historical performance and comparison