Nabors Energy Transition Corp. II
NETDU
NASDAQ Global Market11.49
USD
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Nabors Energy Transition Corp. II
NETDU
(NASDAQ Global Market)
Recent
price
11.49
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Nabors Energy Transition Corp. II (NASDAQ: NETDU) is a blank check company sponsored by Nabors Industries Ltd. that seeks to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses focused on advancing the global energy transition; it targets sectors including renewable power generation, hydrogen production, energy storage, carbon capture utilization and sequestration, emissions reduction, advanced battery systems, electrification, and low-carbon technologies. The company, founded in 2023 and headquartered at 515 West Greens Road, Suite 1200 in Houston, Texas, conducts no significant current operations and maintains a global investment mandate across North America, Europe, and Asia, leveraging Nabors Industries' engineering expertise, industry relationships, and operational infrastructure in oilfield services to identify and scale energy transition opportunities for mission-critical industries such as data centers, manufacturing, oil and gas, and healthcare. In recent developments, it terminated its previously announced business combination with e2Companies LLC in October 2025, reaching a settlement under which e2 will repay $29.23 million via two secured notes due March 2026 and October 2028 with contingent additional payouts tied to e2's future fundraising, ownership changes, or valuation exceeding $500 million; prior to termination, the company secured shareholder approval in July 2025 for up to twelve monthly extensions through July 2026 and implemented multiple one-month extensions from July through October 2025, each funded by $250,000 non-interest-bearing loans from sponsor affiliate Nabors Lux 2 S.a.r.l. deposited into its trust account.
Nabors Energy Transition Corp. II Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing September 5, 2023
Nabors Announces Second Quarter 2023 Results
Nabors Energy Transition Corp. II Announces Closing of $305,000,000 Initial Public Offering
U.S. IPO Weekly Recap: July IPO Market Kicks Off With Sizable Biotechs
Nabors Energy Transition Corp. II Announces Pricing of $300,000,000 Initial Public Offering