Crescent Energy (CRGY) Q3 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 · Editorial policy
Key numbers
- Adjusted EPS
- $0.77
- Estimate
- $0.60
- Surprise
- +27.4%
- Revenue (period 2026-09-30)
- $1.35B
- Score at report (before → after)
- 6.8 → 6.9/10
Revenue source: xbrl.
How the report landed
Crescent Energy (CRGY) beat the $0.60 estimate with adjusted EPS of $0.77 — a large 27.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.8/10) to Hold at 6.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates CRGY Hold at 6.9/10.
4 of the last 4 quarters beat the estimate; this quarter's +27.4% surprise compares with a +34.0% four-quarter average.
What supports the rating
- Sector modifier (Energy): +1.2
- Strong earnings beat streak (4/4)
What argues against it
- Commodity cycle peak: fwd P/E 4.6× (below 12) + fwd/trail 0.04× (below 0.55). EPS just expanded off a commodity-price surge — forward estimate may be built on stale spot, mean-reversion risk unpriced.
- Leverage penalty (D/E 1.0): -0.5
- MATERIALS_CYCLE_PEAK:fwd=4.6x,ratio=0.04x
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
- $13.47
- Price target
- $16.59
- Stop
- $12.53
- Upside to target
- +23.2%
- Reward-to-risk
- 2.9:1
The stock trades at 122.5× trailing but 4.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-03 — shown for context, not personalized investment advice.
CRGY 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
- $4.45B
- P/E (fwd)
- 4.6
- P/E (ttm)
- 122.5
- 52-week range
- $7.68–$15.47
- Off 52-week high
- 12.9%
- RSI (14)
- 55
- Volume vs avg
- 0.73×
- Score today
- 6.9/10