Chord Energy Corp Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| (In thousands, except per share data) | |||||||||||||||||
| Net income | $ | 44,459 | $ | 848,627 | $ | 1,023,779 | |||||||||||
| Distributed and undistributed earnings allocated to participating securities | (1,736) | (3,437) | (3,370) | ||||||||||||||
| Net income attributable to common stockholders (basic) | 42,723 | 845,190 | 1,020,409 | ||||||||||||||
| Reallocation of distributed and undistributed earnings allocated to participating securities | — | 24 | 76 | ||||||||||||||
| Net income attributable to common stockholders (diluted) | $ | 42,723 | $ | 845,214 | $ | 1,020,485 | |||||||||||
| Weighted average common shares outstanding: | |||||||||||||||||
| Basic weighted average common shares outstanding | 57,812 | 51,796 | 41,490 | ||||||||||||||
Dilutive effect of share-based awards | 40 | 402 | 944 | ||||||||||||||
| Dilutive effect of warrants | — | 550 | 964 | ||||||||||||||
| Diluted weighted average common shares outstanding | 57,852 | 52,748 | 43,398 | ||||||||||||||
| Basic earnings per share | $ | 0.74 | $ | 16.32 | $ | 24.59 | |||||||||||
| Diluted earnings per share | $ | 0.74 | $ | 16.02 | $ | 23.51 | |||||||||||
| Anti-dilutive weighted average common shares: | |||||||||||||||||
| Potential common shares | 721 | 1,646 | 3,709 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2020 | Mar 8, 2021 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.