NOGNEUTRAL

NOG EV/EBITDA Analysis

4.6x

Updated 155h ago·SEC filings & market data

Key Takeaway

EV/EBITDA measures a company’s total value relative to its cash earnings before interest, taxes, depreciation, and amortization; at 4.6x, NOG is valued at 4.6 times those earnings.

Sector Performance

11th percentile

NOG

4.6x

Sector Median

13.6x

Sector Avg

-62.3x

Prior Period

3.3x(Jul 2026)

↓ Declining

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Deep Analysis

EV/EBITDA measures a company’s total value relative to its cash earnings before interest, taxes, depreciation, and amortization; at 4.6x, NOG is valued at 4.6 times those earnings.

This sits far below the sector median of 13.6x, placing NOG in the 11th percentile of peers, meaning most comparable companies trade at higher multiples. The metric is increasing: the most recent quarter-over-quarter change is +42.8%, while year-over-year change is not available; the prior three readings were all 3.2x, so the shift to 4.6x confirms

Frequently Asked Questions

What does the EV/EBITDA tell investors about NOG?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are NOG's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: FLNC (-22.5x), EVGO (-22.6x), LSPD (-26.9x), BRZE (-29.6x), RBLX (-31.4x).

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Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.