NOGNEUTRAL

NOG FCF Yield Analysis

8.7%

Updated 155h ago·SEC filings & market data

Key Takeaway

FCF yield measures the annual free cash flow a company generates relative to its market value, expressed as a percentage; at 8.7%, NOG produces $8.70 in free cash flow for every $100 of equity value.

Sector Performance

83th percentile

NOG

8.7%

Sector Median

4.2%

Sector Avg

9.3%

Prior Period

11.2%(Jul 2026)

↓ Declining

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Deep Analysis

FCF yield measures the annual free cash flow a company generates relative to its market value, expressed as a percentage; at 8.7%, NOG produces $8.70 in free cash flow for every $100 of equity value.

This is more than double the sector median of 4.2%, placing NOG in the 83rd percentile among its peer group, so the level is favorable. However, the metric is decreasing: the quarter-over-quarter change is -22.3%, and while the year-over-year change is not available, the most recent values show a slide from 11.5% to 11.2% to 8.7%. A high yield combined with a downward trend suggests the market may be pricing in future cash flow pressure, creating moderate risk rather than a clear opportunity. The current level still supports income potential, but the erosion warrants caution for those expecting stability. This metric partially supports the overall NEUTRAL verdict: the strong absolute yield argues for the stock while the persistent decline argues against a bullish stance.

Frequently Asked Questions

What does the FCF Yield tell investors about NOG?

One of the purest measures of value. High FCF yield means the company generates a lot of cash relative to its price — favoured by value investors.

How is the FCF Yield calculated?

FCF Yield is calculated as: Free Cash Flow / Market Cap.

Who are NOG's closest peers by FCF Yield?

The closest peers by FCF Yield include: RARE (-18.7%), CG (-19.3%), RXRX (-20.3%), PLUG (-22.0%), NTLA (-22.5%).

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Learn More About FCF Yield

Understanding Free Cash Flow

Free cash flow is the lifeblood of any business. In this post, we explore why it matters more than net income for long-term investors.

Free Cash Flow Yield: Why It Matters More Than Earnings Per Share

EPS is accounting. FCF is reality. Here's how to calculate free cash flow yield, why Warren Buffett prioritizes it, and how to use it to spot genuinely profitable companies.

The Formula

Free Cash Flow / Market Cap

Why It Matters

One of the purest measures of value. High FCF yield means the company generates a lot of cash relative to its price — favoured by value investors.