Nabors Energy Transition Corp.

Nabors Energy Transition Corp.

NETC-WT
Nabors Energy Transition Corp.US flagNew York Stock Exchange
0.11
USD
-0.01
- -
184.26MMarket Cap
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Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Shell Companies
Address
Business
Nabors Energy Transition Corp. (NETC-WT) operates as a warrant tied to Nabors Energy Transition Corp. I, a blank check company sponsored by Nabors Industries Ltd. that focuses on effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with businesses advancing energy transition solutions, technologies, or opportunities to reduce carbon emissions while meeting global energy demand; it targets sectors such as renewables, geothermal, concentrated solar thermal power, energy storage, and hydrogen. Founded in 2021 and headquartered in Houston, Texas, the company maintains operations aligned with Nabors Industries' global footprint across more than 15 countries, serving oilfield operators, energy producers, and emerging clean energy developers. In late 2023, NETC I completed a business combination with Vast Solar Pty Limited, establishing a public company (VSTE) specializing in advanced concentrated solar thermal power (CSP) v3.0 technology for dispatchable, 24/7 baseload renewable energy; post-merger, NETC's Class A common stock, warrants, and units ceased trading and were delisted from the NYSE as of December 19, 2023.