Nabors Energy Transition (NYSE:NETC) - Stock Price, News & Analysis

NETC Stock Overview

Nabors Energy Transition Corp. does not have significant operations. More details

NETC fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Negative shareholders equity

Debt is not well covered by operating cash flow

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

Less than 3 years of financial data is available

Nabors Energy Transition Corp. Competitors

Ellington Credit

NYSE:EARN

US$194.4m

IB Acquisition

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US$158.4m

ESH Acquisition

NasdaqGM:ESHA

US$156.6m

Westwood Holdings Group

NYSE:WHG

US$131.5m

Price History & Performance

Summary of all time highs, changes and price drops for Nabors Energy Transition
Historical stock prices
Current Share Price	US$11.00
52 Week High	US$12.00
52 Week Low	US$8.55
Beta	0
11 Month Change	0.27%
3 Month Change	1.57%
1 Year Change	8.59%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	11.34%

Recent updates

Shareholder Returns

	NETC	US Capital Markets	US Market
7D	8.5%	2.5%	1.6%
1Y	8.6%	55.7%	32.3%

Return vs Industry: NETC underperformed the US Capital Markets industry which returned 20.1% over the past year.

Return vs Market: NETC underperformed the US Market which returned 22% over the past year.

Price Volatility

Is NETC's price volatile compared to industry and market?
NETC volatility
NETC Average Weekly Movement	4.3%
Capital Markets Industry Average Movement	3.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.2%
10% least volatile stocks in US Market	3.1%

Stable Share Price: NETC has not had significant price volatility in the past 3 months.

Volatility Over Time: NETC's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Tony Petrello	www.nabors-etcorp.com

Nabors Energy Transition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire companies in the alternative energy, energy storage, emissions reduction, carbon capture, and utilization and sequestration sectors.

Nabors Energy Transition Corp. Fundamentals Summary

How do Nabors Energy Transition's earnings and revenue compare to its market cap?
NETC fundamental statistics
Market cap	US$179.73m
Earnings (TTM)	-US$187.93k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-980.5x

P/E Ratio

Is NETC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NETC income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$187.93k
Earnings	-US$187.93k

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.011
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-39.8%

How did NETC perform over the long term?

See historical performance and comparison

Nabors Energy Transition NYSE:NETC Stock Report