BURLINGTON RESOURCES INC.
EARNINGS (LOSS) PER SHARE
EXHIBIT 11.1
(UNAUDITED)
THIRD QUARTER
1996 1995
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Earnings Shares Loss Shares
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(Dollars in Millions, Except per Share Amounts)
Primary earnings (loss) per common share
Net earnings (loss) available for common stock and
weighted average number of common
shares outstanding $ 59 125,230,379 $ (300) 126,544,811
Stock options assumed exercised - net - 497,096 - 500,225
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Total net earnings (loss) and primary common shares $ 59 125,727,475 $ (300) 127,045,036
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Primary earnings (loss) per common share $ .47 $ (2.36)
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Fully diluted earnings (loss) per common share
Net earnings (loss) available for common stock and
weighted average number of common
shares outstanding $ 59 125,230,379 $ (300) 126,544,811
Stock options assumed exercised - net - 701,850 - 534,585
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Total net earnings (loss) and fully diluted common shares $ 59 125,932,229 $ (300) 127,079,396
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Fully diluted earnings (loss) per common share $ .47 $ (2.36)
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NINE MONTHS
1996 1995
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Earnings Shares Loss Shares
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(Dollars in Millions, Except per Share Amounts)
Primary earnings (loss) per common share
Net earnings (loss) available for common stock and
weighted average number of common
shares outstanding $ 145 125,819,192 $ (302) 126,552,172
Stock options assumed exercised - net - 516,514 - 496,903
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Total net earnings (loss) and primary common shares $ 145 126,335,706 $ (302) 127,049,075
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Primary earnings (loss) per common share $ 1.15 $ (2.38)
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Fully diluted earnings (loss) per common share
Net earnings (loss) available for common stock and
weighted average number of common
shares outstanding $ 145 125,819,192 $ (302) 126,552,172
Stock options assumed exercised - net - 712,835 - 599,903
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Total net earnings (loss) and fully diluted common shares $ 145 126,532,027 $ (302) 127,152,075
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Fully diluted earnings (loss) per common share $ 1.15 $ (2.38)
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