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CNX vs SOC vs HAL vs AR
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Drilling
Oil & Gas Equipment & Services
Oil & Gas Exploration & Production
CNX vs SOC vs HAL vs AR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Oil & Gas Exploration & Production | Oil & Gas Drilling | Oil & Gas Equipment & Services | Oil & Gas Exploration & Production |
| Market Cap | $5.07B | $1.28B | $33.26B | $11.14B |
| Revenue (TTM) | $2.32B | $1M | $22.17B | $5.48B |
| Net Income (TTM) | $1.18B | $-498M | $1.54B | $962M |
| Gross Margin | 28.7% | -61.2% | 15.3% | 26.0% |
| Operating Margin | 21.4% | -367.6% | 11.3% | 20.9% |
| Forward P/E | 12.1x | 7.9x | 17.1x | 8.1x |
| Total Debt | $2.45B | $0.00 | $8.13B | $5.14B |
| Cash & Equiv. | $779K | $98M | $2.21B | $210M |
CNX vs SOC vs HAL vs AR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Apr 21 | May 26 | Return |
|---|---|---|---|
| CNX Resources Corpo… (CNX) | 100 | 266.2 | +166.2% |
| Sable Offshore Corp. (SOC) | 100 | 132.6 | +32.6% |
| Halliburton Company (HAL) | 100 | 203.6 | +103.6% |
| Antero Resources Co… (AR) | 100 | 398.4 | +298.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CNX vs SOC vs HAL vs AR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CNX carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 59.2%, EPS growth 7.6%, 3Y rev CAGR -18.3%
- 158.8% 10Y total return vs AR's 43.1%
- Lower volatility, beta 0.09, Low D/E 56.5%, current ratio 0.44x
- Beta 0.09, current ratio 0.44x
SOC is the clearest fit if your priority is value.
- Lower P/E (7.9x vs 17.1x)
HAL is the #2 pick in this set and the best alternative if income & stability is your priority.
- Dividend streak 4 yrs, beta 0.48, yield 1.7%
- 1.7% yield; 4-year raise streak; the other 3 pay no meaningful dividend
- +100.1% vs SOC's -38.7%
AR lags the leaders in this set but could rank higher in a more targeted comparison.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 59.2% revenue growth vs HAL's -3.3% | |
| Value | Lower P/E (7.9x vs 17.1x) | |
| Quality / Margins | 50.9% margin vs SOC's -391.5% | |
| Stability / Safety | Beta 0.09 vs SOC's 1.42 | |
| Dividends | 1.7% yield; 4-year raise streak; the other 3 pay no meaningful dividend | |
| Momentum (1Y) | +100.1% vs SOC's -38.7% | |
| Efficiency (ROA) | 17.5% ROA vs SOC's -28.9%, ROIC 9.0% vs -44.6% |
CNX vs SOC vs HAL vs AR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
CNX vs SOC vs HAL vs AR — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
CNX leads in 3 of 6 categories
HAL leads 1 • SOC leads 0 • AR leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
CNX leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
HAL is the larger business by revenue, generating $22.2B annually — 17442.2x SOC's $1M. CNX is the more profitable business, keeping 50.9% of every revenue dollar as net income compared to SOC's -391.5%. On growth, AR holds the edge at +33.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $2.3B | $1M | $22.2B | $5.5B |
| EBITDAEarnings before interest/tax | $1.1B | -$454M | $3.4B | $1.9B |
| Net IncomeAfter-tax profit | $1.2B | -$498M | $1.5B | $962M |
| Free Cash FlowCash after capex | $282M | -$611M | $1.7B | -$1.0B |
| Gross MarginGross profit ÷ Revenue | +28.7% | -61.2% | +15.3% | +26.0% |
| Operating MarginEBIT ÷ Revenue | +21.4% | -367.6% | +11.3% | +20.9% |
| Net MarginNet income ÷ Revenue | +50.9% | -391.5% | +6.9% | +17.5% |
| FCF MarginFCF ÷ Revenue | +12.2% | -480.4% | +7.6% | -18.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | +28.8% | — | -0.3% | +33.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +2.7% | -5.4% | +129.2% | +160.6% |
Valuation Metrics
Evenly matched — CNX and SOC each lead in 2 of 6 comparable metrics.
Valuation Metrics
At 9.0x trailing earnings, CNX trades at a 66% valuation discount to HAL's 26.6x P/E. On an enterprise value basis, CNX's 5.5x EV/EBITDA is more attractive than HAL's 11.5x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $5.1B | $1.3B | $33.3B | $11.1B |
| Enterprise ValueMkt cap + debt − cash | $7.5B | $1.2B | $39.2B | $16.1B |
| Trailing P/EPrice ÷ TTM EPS | 8.97x | -3.07x | 26.55x | 17.70x |
| Forward P/EPrice ÷ next-FY EPS est. | 12.05x | 7.88x | 17.13x | 8.10x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 5.52x | — | 11.54x | 10.15x |
| Price / SalesMarket cap ÷ Revenue | 2.37x | — | 1.50x | 2.22x |
| Price / BookPrice ÷ Book value/share | 1.32x | 2.36x | 3.18x | 1.46x |
| Price / FCFMarket cap ÷ FCF | 9.50x | — | 19.89x | 8.96x |
Profitability & Efficiency
CNX leads this category, winning 3 of 9 comparable metrics.
Profitability & Efficiency
CNX delivers a 27.5% return on equity — every $100 of shareholder capital generates $27 in annual profit, vs $-114 for SOC. CNX carries lower financial leverage with a 0.57x debt-to-equity ratio, signaling a more conservative balance sheet compared to HAL's 0.77x. On the Piotroski fundamental quality scale (0–9), AR scores 8/9 vs SOC's 2/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +27.5% | -113.8% | +14.6% | +12.4% |
| ROA (TTM)Return on assets | +17.5% | -28.9% | +6.1% | +7.0% |
| ROICReturn on invested capital | +9.0% | -44.6% | +10.2% | +5.2% |
| ROCEReturn on capital employed | +10.3% | -37.5% | +11.6% | +6.8% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 2 | 5 | 8 |
| Debt / EquityFinancial leverage | 0.57x | — | 0.77x | 0.67x |
| Net DebtTotal debt minus cash | $2.5B | -$98M | $5.9B | $4.9B |
| Cash & Equiv.Liquid assets | $779,000 | $98M | $2.2B | $210M |
| Total DebtShort + long-term debt | $2.5B | $0 | $8.1B | $5.1B |
| Interest CoverageEBIT ÷ Interest expense | 7.11x | -3.47x | 9.19x | 14.47x |
Total Returns (Dividends Reinvested)
CNX leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AR five years ago would be worth $32,643 today (with dividends reinvested), compared to $13,275 for SOC. Over the past 12 months, HAL leads with a +100.1% total return vs SOC's -38.7%. The 3-year compound annual growth rate (CAGR) favors CNX at 32.6% vs SOC's 8.2% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -2.0% | +9.5% | +35.1% | +5.1% |
| 1-Year ReturnPast 12 months | +15.4% | -38.7% | +100.1% | -3.9% |
| 3-Year ReturnCumulative with dividends | +133.3% | +26.6% | +39.7% | +71.9% |
| 5-Year ReturnCumulative with dividends | +159.6% | +32.7% | +87.4% | +226.4% |
| 10-Year ReturnCumulative with dividends | +158.8% | +32.5% | +18.1% | +43.1% |
| CAGR (3Y)Annualised 3-year return | +32.6% | +8.2% | +11.8% | +19.8% |
Risk & Volatility
Evenly matched — CNX and HAL each lead in 1 of 2 comparable metrics.
Risk & Volatility
CNX is the less volatile stock with a 0.09 beta — it tends to amplify market swings less than SOC's 1.42 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. HAL currently trades 93.8% from its 52-week high vs SOC's 36.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.09x | 1.42x | 0.48x | 0.14x |
| 52-Week HighHighest price in past year | $43.62 | $35.00 | $42.46 | $45.75 |
| 52-Week LowLowest price in past year | $27.72 | $3.72 | $19.38 | $29.10 |
| % of 52W HighCurrent price vs 52-week peak | +81.9% | +36.7% | +93.8% | +78.6% |
| RSI (14)Momentum oscillator 0–100 | 31.8 | 42.5 | 48.6 | 38.3 |
| Avg Volume (50D)Average daily shares traded | 1.9M | 5.2M | 14.9M | 5.6M |
Analyst Outlook
HAL leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: CNX as "Hold", SOC as "Buy", HAL as "Buy", AR as "Buy". Consensus price targets imply 117.9% upside for SOC (target: $28) vs -0.5% for HAL (target: $40). HAL is the only dividend payer here at 1.73% yield — a key consideration for income-focused portfolios.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $36.17 | $28.00 | $39.64 | $48.89 |
| # AnalystsCovering analysts | 41 | 4 | 64 | 50 |
| Dividend YieldAnnual dividend ÷ price | — | — | +1.7% | — |
| Dividend StreakConsecutive years of raises | 0 | — | 4 | 1 |
| Dividend / ShareAnnual DPS | — | — | $0.69 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +10.3% | 0.0% | +3.0% | +1.2% |
CNX leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). HAL leads in 1 (Analyst Outlook). 2 tied.
CNX vs SOC vs HAL vs AR: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CNX or SOC or HAL or AR a better buy right now?
For growth investors, CNX Resources Corporation (CNX) is the stronger pick with 59.
2% revenue growth year-over-year, versus -3. 3% for Halliburton Company (HAL). CNX Resources Corporation (CNX) offers the better valuation at 9. 0x trailing P/E (12. 1x forward), making it the more compelling value choice. Analysts rate Sable Offshore Corp. (SOC) a "Buy" — based on 4 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CNX or SOC or HAL or AR?
On trailing P/E, CNX Resources Corporation (CNX) is the cheapest at 9.
0x versus Halliburton Company at 26. 6x. On forward P/E, Sable Offshore Corp. is actually cheaper at 7. 9x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — CNX or SOC or HAL or AR?
Over the past 5 years, Antero Resources Corporation (AR) delivered a total return of +226.
4%, compared to +32. 7% for Sable Offshore Corp. (SOC). Over 10 years, the gap is even starker: CNX returned +158. 8% versus HAL's +18. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CNX or SOC or HAL or AR?
By beta (market sensitivity over 5 years), CNX Resources Corporation (CNX) is the lower-risk stock at 0.
09β versus Sable Offshore Corp. 's 1. 42β — meaning SOC is approximately 1537% more volatile than CNX relative to the S&P 500. On balance sheet safety, CNX Resources Corporation (CNX) carries a lower debt/equity ratio of 57% versus 77% for Halliburton Company — giving it more financial flexibility in a downturn.
05Which is growing faster — CNX or SOC or HAL or AR?
By revenue growth (latest reported year), CNX Resources Corporation (CNX) is pulling ahead at 59.
2% versus -3. 3% for Halliburton Company (HAL). On earnings-per-share growth, the picture is similar: Antero Resources Corporation grew EPS 1028% year-over-year, compared to -47. 0% for Halliburton Company. Over a 3-year CAGR, HAL leads at 3. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CNX or SOC or HAL or AR?
CNX Resources Corporation (CNX) is the more profitable company, earning 29.
6% net margin versus -391. 5% for Sable Offshore Corp. — meaning it keeps 29. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CNX leads at 36. 8% versus -367. 6% for SOC. At the gross margin level — before operating expenses — CNX leads at 47. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CNX or SOC or HAL or AR more undervalued right now?
On forward earnings alone, Sable Offshore Corp.
(SOC) trades at 7. 9x forward P/E versus 17. 1x for Halliburton Company — 9. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SOC: 117. 9% to $28. 00.
08Which pays a better dividend — CNX or SOC or HAL or AR?
In this comparison, HAL (1.
7% yield) pays a dividend. CNX, SOC, AR do not pay a meaningful dividend and should not be held primarily for income.
09Is CNX or SOC or HAL or AR better for a retirement portfolio?
For long-horizon retirement investors, Halliburton Company (HAL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
48), 1. 7% yield). Both have compounded well over 10 years (HAL: +18. 1%, SOC: +32. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CNX and SOC and HAL and AR?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CNX is a small-cap high-growth stock; SOC is a small-cap quality compounder stock; HAL is a mid-cap quality compounder stock; AR is a mid-cap high-growth stock. HAL pays a dividend while CNX, SOC, AR do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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