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Nabors Energy Transition Corp. II Class A Ordinary Shares(NETD)Earnings, Financials & Key Ratios
NETD•NASDAQ
$11.52
7.3× P/E·Price updated Jun 20, 2026
SectorFinancial ServicesIndustrySPACs & Shell CompaniesSub-IndustryEnergy transition and climate SPACs
AboutNabors 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. It 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. The company was incorporated in 2023 and is based in Houston, Texas. Nabors Energy Transition Corp. II is a subsidiary of Nabors Energy Transition Sponsor II LLC.Show more
- EBITDA-$4M-155.0%
- Net Income$12M+57.9%
- EPS (Diluted)1.57+313.2%
- ROE3.86%+54.8%
NETD Price & Volume
Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) stock price & volume — 10-year historical chart
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Accelerating Capital Burn Pressures SPAC Merger Timeline
Investment Thesis • Updated 2025Q3
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:SPAC charter expiration risk
Key Thesis Takeaways
- Nabors Energy Transition Corp.
- II faces significant execution risk as it approaches its charter expiration, evidenced by a sharp contraction in total assets from $339.8 million in 2025Q2 to $154.8 million in 2025Q3.
- The company's reliance on non-operating warrant revaluations to manage net income volatility, combined with an escalating SG&A burn rate of $3.8 million in 2025Q3, suggests mounting pressure to secure a viable business combination.
- Investors should monitor the company's ability to maintain liquidity, as the current ratio has deteriorated to a precarious 0.23.
Verdict Logic
the company's current ratio of 0.23 and the accelerating quarterly SG&A burn of $3.8 million indicate substantial risk of capital exhaustion before a successful merger is achieved.
NETD Growth Metrics
Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-89.93%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-98.55%
Return on Capital
10 Years-0.71%
5 Years-0.71%
3 Years-0.71%
Last Year-1.28%
NETD Recent Earnings
Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) EPS & revenue vs analyst estimates — last 4 quarters
Q4 2025Latest
Nov 13, 2025Metric
Actual
Est
EPS
$0.09
—
Rev
—
—
Q3 2025
Aug 14, 2025Metric
Actual
Est
EPS
$0.06
—
Rev
—
—
Q2 2025
Apr 1, 2025Metric
Actual
Est
EPS
$0.01
—
Rev
—
—
Q2 2025
Mar 28, 2025Metric
Actual
Est
EPS
$0.02
—
Rev
—
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Nov 13, 2025 | $0.09 | — |
| Q3 2025 | Aug 14, 2025 | $0.06 | — |
| Q2 2025 | Apr 1, 2025 | $0.01 | — |
| Q2 2025 | Mar 28, 2025 | $0.02 | — |
Based on last 10 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $11.52 | $158.11M | 7.34 | — | — | 3.86% | — | |
| $35.08 | $3.06B | -89.95 | -1.25% | -4.52% | — | — | |
| $82.61 | $1.22B | 4.81 | 8.69% | 6.43% | 14.11% | — | |
| $33.80 | $3.37B | -20.36 | 35.89% | -9.39% | -13.63% | — | |
| $9.09 | $829.12M | 4.86 | 5.36% | 37.97% | 72.37% | — | |
| $12.90 | $558.71M | -10.32 | 1.41% | 11.52% | — | — |
Compare NETD vs Peers
Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NETD SEC Filings & Documents
Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) SEC filings — annual & quarterly reports (10-K, 10-Q)
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NETD Frequently Asked Questions
Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Is NETD profitable?
Yes, Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) is profitable, generating $1.6M in net income for fiscal year 2024.
Dividend & Returns
What is NETD's return on equity?
Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) has a return on equity (ROE) of 3.9%. This is below average, suggesting room for improvement.
What is Nabors Energy Transition Corp. II Class A Ordinary Shares's free cash flow?
Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) had negative free cash flow of $1.0M in fiscal year 2024, likely due to heavy capital investments.