Nabors Energy Transition Corp. II (NETDW) Financial Statements (2026 and earlier)

Company Profile

Business Address 515 W. GREENS ROAD
HOUSTON, TX 77067
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

6/30/2025
MRQ
12/31/2024
12/31/2023
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,599,6821,984,344
Cash and cash equivalent1,599,6821,984,344
Prepaid expense5,0008,539
Other undisclosed current assets130,475239,649
Total current assets:1,735,1572,232,532
Noncurrent Assets
Asset, held-in-trust331,781,130315,668,115
Other undisclosed noncurrent assets  130,475
Total noncurrent assets:331,781,130315,798,590
TOTAL ASSETS:333,516,287318,031,122
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:296,368120,904
Other undisclosed accounts payable and accrued liabilities296,368120,904
Other liabilities 17,351 
Other undisclosed current liabilities  75,000
Total current liabilities:313,719195,904
Noncurrent Liabilities
Long-term debt and lease obligation3,050,0003,050,000
Long-term debt, excluding current maturities3,050,0003,050,000
Other undisclosed noncurrent liabilities14,434,25311,018,684
Total noncurrent liabilities:17,484,25314,068,684
Total liabilities:17,797,97214,264,588
Temporary equity, including noncontrolling interest331,781,130315,668,115
Equity
Equity, attributable to parent, including:(16,062,815)(11,901,581)
Accumulated deficit(16,063,578)(11,902,344)
Other undisclosed equity, attributable to parent763763
Total equity:(16,062,815)(11,901,581)
TOTAL LIABILITIES AND EQUITY:333,516,287318,031,122

Income Statement (P&L) (USD)

6/30/2025
TTM
12/31/2024
12/31/2023
Operating expenses(4,161,234) 
Operating loss:(4,161,234) 
Nonoperating income
(Investment Income, Nonoperating)
16,113,015 
Net income available to common stockholders, diluted:11,951,781 

Comprehensive Income (USD)

6/30/2025
TTM
12/31/2024
12/31/2023
Net income:11,951,781 
Comprehensive income, net of tax, attributable to parent:11,951,781 

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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