NETC Stock Price, Nabors Energy Transition . Quote, Chart

Market Summary

USD263.400.00

Market Closed

0.00%

NETC Stock Price

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NETC RSI Chart

NETC Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

-23.5K

EV/EBITDA

2.6K

Price/Free Cashflow

-1.5K

MarketCap/EBT

2.6K

NETC Price/Earnings (Trailing)

NETC Profitability

Return on Equity

2.34%

Return on Assets

-0.18%

Free Cashflow Yield

-0.07%

NETC Fundamentals

NETC Earnings

Earnings (TTM)

-187.9K

Earnings Growth (Yr)

-45.94%

Earnings Growth (Qtr)

1.3K%

Breaking Down NETC Revenue

Last 7 days

-8.2%

Last 30 days

-7.5%

Last 90 days

2553.3%

Trailing 12 Months

2413.4%

How does NETC drawdown profile look like?

NETC Financial Health

Current Ratio

0.04

NETC Investor Care

Buy Backs (1Y)

51.45%

Diluted EPS (TTM)

0.02

Tracking the Latest Insider Buys and Sells of Nabors Energy Transition Corp.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 18, 2023	restrepo william j	back to issuer	-16,485	10.99	-1,500	chief financial officer

Which funds bought or sold NETC recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Capricorn Fund Managers Ltd	reduced	-67.28	-427,552	225,488	0.14%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	sold off	-100	-1,216,580	-	-%
Feb 26, 2024	Virtu Financial LLC	sold off	-100	-129,000	-	-%
Feb 16, 2024	PRICE T ROWE ASSOCIATES INC /MD/	sold off	-100	-7,000	-	-%
Feb 15, 2024	Westchester Capital Management, LLC	sold off	-100	-10,181,300	-	-%
Feb 14, 2024	Polar Asset Management Partners Inc.	sold off	-100	-1,494,620	-	-%
Feb 14, 2024	TENOR CAPITAL MANAGEMENT Co., L.P.	sold off	-100	-28,500	-	-%
Feb 14, 2024	FARALLON CAPITAL MANAGEMENT LLC	sold off	-100	-76,523	-	-%
Feb 14, 2024	Sculptor Capital LP	sold off	-100	-59,398	-	-%
Feb 14, 2024	Sculptor Capital LP	sold off	-100	-1,054,390	-	-%

Are Funds Buying or Selling NETC?

Are funds buying NETC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NETC

No. of Funds

Unveiling Nabors Energy Transition Corp.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 08, 2024	saba capital management, l.p.	0%	0	SC 13G/A
Feb 14, 2023	sculptor capital lp	5.41%	1,494,305	SC 13G/A
Feb 14, 2023	saba capital management, l.p.	9.7%	2,663,066	SC 13G/A
Feb 08, 2023	space summit capital llc	0%	0	SC 13G/A

Recent SEC filings of Nabors Energy Transition Corp.

View All Filings

Date Filed	Form Type	Document
Feb 08, 2024	SC 13G/A	Major Ownership Report

Nabors Energy Transition Corp. News

Latest updates

Nabors Energy Transition Corp. Earnings Report: Key Takeaways & Analysis

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet								(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	0.6%	107,050	106,397	291,072	285,684	284,232	283,207	283,192	284,029
Current Assets	-80.2%	189	953	600	843	1,095	1,269	1,643	2,505
Cash Equivalents	-89.2%	83.00	765	319	468	627	706	987	2,505
Liabilities	2.1%	11,009	10,784	8,491	11,464	10,732	10,497	10,500	11,106
Current Liabilities	-3.8%	5,120	5,324	3,774	334	456	222	225	830
Shareholder's Equity	-	-	-	-	-	-8,019	-8,809	-8,828	-8,597
Retained Earnings	-13.1%	-10,640	-9,409	-6,874	-10,258	-8,019	-8,810	-8,829	-8,597
Shares Outstanding	-	-	-	34,500	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)								(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-111.0%	-1,224	-580	-325	-883	-525	135	-1,518	-
Cashflow From Investing	133203.6%	186,884	140	-2,583	725	446	-389	-25.29	-
Cashflow From Financing	-21118.5%	-186,341	887	2,760	-	-	-	-	-

NETC Income Statement

2023-09-30

STATEMENT OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
STATEMENT OF OPERATIONS (Unaudited) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
General and administrative expenses	$ 664,128	$ 214,423	$ 6,042,942	$ 842,467
Loss from operations	(664,128)	(214,423)	(6,042,942)	(842,467)
Other income:
Interest income earned on investments held in trust	1,368,284	1,229,047	6,460,425	1,644,333
Income before provision for income taxes	704,156	1,014,624	417,483	801,866
Provision for income taxes	(276,753)	(224,021)	(1,325,160)	(224,021)
Net income (loss)	$ 427,403	$ 790,603	$ (907,677)	$ 577,845
Redeemable common shares
Other income:
Basic weighted average common shares outstanding	9,850,641	27,600,000	18,237,701	27,600,000
Diluted weighted average common shares outstanding	9,850,641	27,600,000	18,237,701	27,600,000
Basic net income (loss) per common share	$ 0.03	$ 0.02	$ (0.04)	$ 0.02
Diluted net income (loss) per common share	$ 0.03	$ 0.02	$ (0.04)	$ 0.02
Non-redeemable common shares
Other income:
Basic weighted average common shares outstanding	6,900,000	6,900,000	6,900,000	6,900,000
Diluted weighted average common shares outstanding	6,900,000	6,900,000	6,900,000	6,900,000
Basic net income (loss) per common share	$ 0.03	$ 0.02	$ (0.04)	$ 0.02
Diluted net income (loss) per common share	$ 0.03	$ 0.02	$ (0.04)	$ 0.02

NETC Balance Sheet

2023-09-30

BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Assets:
Cash	$ 82,514	$ 468,461
Prepaid expenses	106,117	375,000
Total current assets	188,631	843,461
Investments held in Trust	106,861,019	284,840,707
Total assets	107,049,650	285,684,168
Current liabilities:
Accounts payable and accrued liabilities	615,207	235,995
Income taxes payable		87,473
Convertible promissory notes - related party	4,237,596
Due to related party	267,098	10,464
Total current liabilities	5,119,901	333,932
Deferred legal fees	5,889,484	1,469,726
Deferred underwriting commissions		9,660,000
Total liabilities	11,009,385	11,463,658
Commitments and Contingencies (Note 6)
Stockholders' Deficit:
Preferred stock, $0.0001 par value 5,000,000 shares authorized none issued and outstanding
Accumulated deficit	(10,640,578)	(10,258,125)
Total stockholders' deficit	(10,639,888)	(10,257,435)
Total liabilities and stockholders' deficit	107,049,650	285,684,168
Class A common stock subject to redemption
Current liabilities:
Class A common stock, $0.0001 par value; 9,850,641 and 27,600,000 shares subject to redemption at $10.83 and $10.31 per share, respectively	106,680,153	284,477,945
Class A common stock not subject to redemption
Stockholders' Deficit:
Common stock
Class B common Stock
Stockholders' Deficit:
Common stock
Class F common stock
Stockholders' Deficit:
Common stock	$ 690	$ 690

About Nabors Energy Transition Corp.

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. The company was incorporated in 2021 and is based in Houston, Texas.

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CEO	Mr. Anthony G. Petrello
WEBSITE	nabors-etcorp.com
INDUSTRY	Shell Companies

Nabors Energy Transition Corp. Frequently Asked Questions

What is the ticker symbol for Nabors Energy Transition Corp.? What does NETC stand for in stocks?

NETC is the stock ticker symbol of Nabors Energy Transition Corp.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Nabors Energy Transition Corp. (NETC)?

As of Mon Apr 15 2024, market cap of Nabors Energy Transition Corp. is 4.41 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NETC stock?

You can check NETC's fair value in chart for subscribers.

What is the fair value of NETC stock?

You can check NETC's fair value in chart for subscribers. The fair value of Nabors Energy Transition Corp. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Nabors Energy Transition Corp. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NETC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Nabors Energy Transition Corp. a good stock to buy?

The fair value guage provides a quick view whether NETC is over valued or under valued. Whether Nabors Energy Transition Corp. is cheap or expensive depends on the assumptions which impact Nabors Energy Transition Corp.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NETC.