Nabors Energy Transition Corp. II Reports Earnings Results for the First Quarter Ended March 31, 2024

Nabors Energy Transition Corp. II

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KYG6363K1067

Investment Holding Companies

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Nabors Energy Transition Corp. II Reports Earnings Results for the First Quarter Ended March 31, 2024

May 14, 2024 at 05:08 pm

Nabors Energy Transition Corp. II reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported net income was USD 3.8 million.

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Nabors Energy Transition Corp. II Reports Earnings Results for the First Quarter Ended March 31, 2024

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Nabors Energy Transition Corp. II is a blank check company. The Company is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company intends to focus on sectors, including alternative energy, energy storage, emissions reduction and carbon capture, utilization and sequestration (CCUS), among others. The Company also intends to identify solutions, opportunities, companies or technologies that facilitate, improve or complement the ongoing global energy sectorâs shift from fossil-based systems of energy production and consumption, including oil, natural gas and coal to renewable energy sources, such as geothermal energy or hydrogen, which support the transition towards a low- or no-carbon emitting future and reduce greenhouse gas (GHG) emissions as energy consumption.

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