EOG RESOURCES INC Earnings Per Share Disclosure
| 2025 | 2024 | 2023 | |||||||||||||||
| Numerator for Basic and Diluted Earnings per Share - | |||||||||||||||||
| Net Income | $ | 4,980 | $ | 6,403 | $ | 7,594 | |||||||||||
| Denominator for Basic Earnings per Share - | |||||||||||||||||
| Weighted Average Shares | 543 | 566 | 581 | ||||||||||||||
| Potential Dilutive Common Shares - | |||||||||||||||||
| Stock Options/SARs | — | 1 | 1 | ||||||||||||||
| Restricted Stock/Units and Performance Units | 3 | 2 | 2 | ||||||||||||||
| Denominator for Diluted Earnings per Share - | |||||||||||||||||
| Adjusted Diluted Weighted Average Shares | 546 | 569 | 584 | ||||||||||||||
| Net Income Per Share | |||||||||||||||||
| Basic | $ | 9.17 | $ | 11.31 | $ | 13.07 | |||||||||||
| Diluted | $ | 9.12 | $ | 11.25 | $ | 13.00 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 24, 2026 | Showing above |
| 2024 | Feb 27, 2025 | |
| 2023 | Feb 22, 2024 | |
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.