PRIMEENERGY RESOURCES CORP Earnings Per Share Disclosure
12. Earnings per Share
Basic earnings per share are computed by dividing earnings available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflect per share amounts that would have resulted if dilutive potential common stock had been converted to common stock in gain periods. The following reconciles amounts reported in the consolidated financial statements:
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Years Ended December 31, |
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2025 |
2024 |
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Net Income |
Weighted |
Per Share |
Net Income |
Weighted |
Per Share |
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Basic |
$ | 26,312 | 1,659,635 | $ | 15.85 | $ | 55,404 | 1,762,644 | $ | 31.43 | ||||||||||||||
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Effect of dilutive securities: |
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Options |
762,798 | 760,937 | ||||||||||||||||||||||
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Diluted |
$ | 26,312 | 2,422,433 | $ | 10.86 | $ | 55,404 | 2,523,581 | $ | 21.95 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Apr 16, 2026 | Showing above |
| 2024 | Apr 15, 2025 | |
| 2023 | Apr 15, 2024 | |
| 2022 | Apr 17, 2023 | |
| 2021 | Apr 21, 2022 | |
| 2020 | Apr 26, 2021 | |
| 2019 | May 6, 2020 | |
| 2018 | Apr 16, 2019 | |
| 2017 | Apr 17, 2018 | |
| 2016 | Apr 18, 2017 | |
| 2015 | Apr 8, 2016 | |
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.