BURLINGTON RESOURCES INC.
EARNINGS PER SHARE COMPUTATION
EXHIBIT 11.1
(UNAUDITED)
THIRD QUARTER
1994 1993
Earnings Shares Earnings Shares
Primary earnings per common share:
Net earnings available for common stock
and weighted average number of common
shares outstanding..........................$ 20,695 127,939 $ 24,587 130,131
Stock options assumed exercised-net........... - 714 - 1,462
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Total net earnings and primary common shares..$ 20,695 128,653 $ 24,587 131,593
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Primary earnings per common share.............$ .16 $ .18
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Fully diluted earnings per common share:
Net earnings available for common stock and
weighted average number of common
shares outstanding..........................$ 20,695 127,939 $ 24,587 130,131
Stock options assumed exercised - net......... - 714 - 1,611
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Total net earnings and fully diluted
common shares...............................$ 20,695 128,653 $ 24,587 131,742
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Fully diluted earnings per common share.......$ .16 $ .18
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NINE MONTHS
1994 1993
Earnings Shares Earnings Shares
Primary earnings per common share:
Net earnings available for common stock
and weighted average number of common
shares outstanding..........................$ 101,427 128,930 $ 204,264 129,643
Stock options assumed exercised-net........... - 678 - 1,124
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Total net earnings and primary common shares..$ 101,427 129,608 $ 204,264 130,767
========= ======= ========= =======
Primary earnings per common share.............$ .78 $ 1.56
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Fully diluted earnings per common share:
Net earnings available for common stock and
weighted average number of common
shares outstanding..........................$ 101,427 128,930 $ 204,264 129,643
Stock options assumed exercised - net......... - 678 - 1,260
--------- ------- --------- -------
Total net earnings and fully diluted
common shares...............................$ 101,427 129,608 $ 204,264 130,903
========= ======= ========= =======
Fully diluted earnings per common share.......$ .78 $ 1.56
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