COMPARE · Reviewed July 29, 2026
AR vs CNX
Verdict: Side-by-side breakdown using the Bull Rankings model. AR scored 63.8, CNX scored 72.0 — CNX leads.
Compare another set
AR
Antero Resources Corporation
63.8
$35.04 · $10.9B
fundamentals as of
Score gap
8.2
CNX leads
CNX
CNX Resources Corp
72
$34.49 · $5.0B
The model, pillar by pillar (0–100 each)
AR
stronger →← stronger
CNX
66
Qualityreturns · margins · balance sheet
88
50
Growthrevenue & earnings expansion
90
78
Valuevaluation vs sector peers
81
CNX is stronger on 3 of 3 pillars.
Fundamentals, head-to-head
AR
CNX
$899mC+
FCF
$557mC+
+25.8%A-
Rev
+45.2%A
0.58B
D/E
0.56B+
11.3xA-
P/E
4.2xA
0.69A-
PEG
0.09A
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
AR
CNX
14% below
Price vs fair valuelower is cheaper
73% below
~-2%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-16%/yr
+20%
1-yr DCF upside
+185%
+17%
5-yr DCF upside
+277%
+13%
10-yr DCF upside
+479%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
AR
Why this score
- Cyclical growth
CNX
Why this score
- Buying back stock
- Short track record
The companies
ARAntero Resources Corporation
Why now
Oil & Gas E&P · market cap $10.9b. Down 23% from 52-week high of $45.75 — deep drawdown territory. Revenue growing +26% — in hypergrowth territory. PEG 0.69 — paying under fair value for the growth rate. 20 sell-side analysts rate this a Buy with a mean 1-yr target of $48.25 (implying +38% upside).
Moat
Net margin 18% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 14% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere.
Risk
Jurisdictional + permitting risk — mining and extraction operations concentrate exposure to political stability, royalty regimes, and environmental review timelines that can stall production for years.
CNXCNX Resources Corp
Why now
Energy · market cap $5.0b. Down 21% from 52-week high of $43.62 — deep drawdown territory. Revenue growing +45% — in hypergrowth territory. PEG 0.09 — paying under fair value for the growth rate.
Moat
Net margin 55% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 27% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
Reserve-replacement treadmill — every barrel or ounce extracted has to be replaced through exploration or acquisition; underspending on replacement reserves shows up in production declines 2-3 years out.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.