Note 10 - Earnings Per Share

6 Months Ended

Jun. 30, 2025

(10)

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:

	Six Months Ended June 30,
	2025						2024
	Net Income (In thousands)		Weighted Average Number of Shares Outstanding		Per Share Amount		Net Income (In thousands)		Weighted Average Number of Shares Outstanding		Per Share Amount
Basic	$	12,362		1,677,096	$	7.37	$	31,051		1,793,640	$	17.31
Effect of dilutive securities:
Options				763,209						759,507

Diluted	$	12,362		2,440,305	$	5.07	$	31,051		2,553,147	$	12.16

	Three Months Ended June 30,
	2025						2024
	Net Income (In thousands)		Weighted Average Number of Shares Outstanding		Per Share Amount		Net Income (In thousands)		Weighted Average Number of Shares Outstanding		Per Share Amount
Basic	$	3,228		1,661,916	$	1.94	$	19,732		1,780,593	$	11.08
Effect of dilutive securities:
Options				762,807						759,729

Diluted	$	3,228		2,424,723	$	1.33	$	19,732		2,540,322	$	7.77

PRIMEENERGY RESOURCES CORP 10-Q