Nabors Energy Transition Corp. II (NETD)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.65 mm	1.65 mm	1.65 mm	1.65 mm		1.65 mm
Cash burn (monthly)	45.61 k	31.26 k	159.76 k	99.51 k		4.05 k
Cash used (since last report)	183.81 k	125.97 k	643.79 k	401.00 k		16.31 k
Cash remaining	1.46 mm	1.52 mm	1.00 mm	1.24 mm		1.63 mm
Runway (months of cash)	32.0	48.6	6.3	12.5		402.5

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

NETD institutional ownership history Ownership history

78.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	50	52	-3.8%
Opened positions	6	45	-86.7%
Closed positions	8	2	+300.0%
Increased positions	9	1	+800.0%
Reduced positions	16	6	+166.7%

13F shares	Current	Prev Q	Change
Total value	287.87 bn	273.22 bn	+5.4%
Total shares	29.86 mm	26.53 mm	+12.5%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Karpus Management	3.00 mm	$31.98 bn	+5.2%
Vivaldi Asset Management	2.75 mm	$29.26 bn	+66.5%
Schechter Investment Advisors	2.67 mm	$28.50 bn	-5.2%
CNH Partners	2.34 mm	$24.92 bn	+4.0%
Aqr Capital Management	2.34 mm	$24.99 mm	NEW
Aristeia Capital	1.50 mm	$15.99 bn	0.0%
Westchester Capital Management	1.43 mm	$15.28 bn	+260.4%
D. E. Shaw & Co.	1.38 mm	$14.74 bn	+34.6%
HGC Investment Management	1.14 mm	$12.15 bn	0.0%
Cowen And	1.10 mm	$11.72 bn	+68.1%

Largest transactions	Shares	Bought/sold	Change
Aqr Capital Management	2.34 mm	+2.34 mm	NEW
Kim	0.00	-1.50 mm	EXIT
Vivaldi Asset Management	2.75 mm	+1.10 mm	+66.5%
Westchester Capital Management	1.43 mm	+1.04 mm	+260.4%
Wolverine Asset Management	619.04 k	+619.04 k	NEW
Cowen And	1.10 mm	+445.40 k	+68.1%
Periscope Capital	550.00 k	-400.00 k	-42.1%
D. E. Shaw & Co.	1.38 mm	+355.50 k	+34.6%
Shaolin Capital Management	75.00 k	-285.00 k	-79.2%
TD The Toronto-Dominion Bank	0.00	-250.00 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NETD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
25 Jun 24	Anthony G Petrello	Class F Ordinary Shares Class B Ordinary Shares	Other	Dispose J	Yes	No	50,000	7,475,000
25 Jun 24	Lux 2 S.a.r.l. Nabors	Class F Ordinary Shares Class B Ordinary Shares	Other	Dispose J	Yes	No	50,000	7,475,000
25 Jun 24	Greens Road Energy II	Class F Ordinary Shares Class B Ordinary Shares	Other	Dispose J	Yes	No	50,000	7,475,000
25 Jun 24	Nabors Energy Transition Sponsor II	Class F Ordinary Shares Class B Ordinary Shares	Other	Dispose J	No	No	50,000	7,475,000

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

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