CNX Resources (CNX) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.71
- Estimate
- $0.55
- Surprise
- +29.4%
- Revenue (period 2026-06-30)
- $618.5M
- Score at report (before → after)
- 7.3 → 7.3/10
Revenue source: xbrl.
How the report landed
CNX Resources (CNX) beat the $0.55 estimate with diluted EPS of $0.71 — a large 29.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (7.3/10) to Hold at 7.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates CNX Hold at 5.0/10.
4 of the last 4 quarters beat the estimate; this quarter's +29.4% surprise compares with a +39.1% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Sector modifier (Energy): +1.2
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Geographic: Appalachian Basin
- Concentration risk — Commodity: natural gas production (92.0%)
- Analyst target reached - limited upside remaining
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $37.45
- Price target
- $43.10
- Stop
- $35.92
- Upside to target
- +15.1%
Forward estimates sit below the trailing run-rate (9.7× forward vs 6.1× trailing) — consensus expects earnings to decline from here.
Risk check: RSI 78 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
CNX at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas E&P
- Market cap
- $5.59B
- P/E (fwd)
- 9.7
- P/E (ttm)
- 6.1
- 52-week range
- $28.82–$43.62
- Off 52-week high
- 14.1%
- RSI (14)
- 78
- Volume vs avg
- 0.10×
- Score today
- 5.0/10