Company Fundamentals\Company Profile
A Wright Investors' Service Research Report:
GMX Resources Inc.
440 Wheelers Farms Road
Milford, CT 06461 U.S.A.
Figures in U.S. Dollars
Wright Quality Rating:CDNN Key Data
GMX Resources Inc. (GMX) is a pure play independent oil and natural gas exploration Ticker:
and production company. The Company is focused on the development of GMXR
Haynesville/Bossier Shale and Cotton Valley Sands in the Sabine Uplift of the
Carthage, North Field of Harrison and Panola counties of East Texas (its core area). 2010 Sales:
The Company has three subsidiaries, Diamond Blue Drilling Co. (Diamond Blue), which
owns three conventional drilling rigs in GMX's core area; Endeavor Pipeline Inc.
(Endeavor Pipeline), which operates the Company's natural gas gathering system in
its core area, and Endeavor Gathering, LLC (Endeavor Gathering), which owns the Major Industry:
natural gas gathering system and related equipment operated by Endeavor Pipeline. Oil, Gas, Coal & Related
A 40% interest in Endeavor Gathering is owned by Kinder Morgan Endeavor LLC Services
Stock Chart Officers Sub Industry:
Chairman & Chief Executive Exploration, Drilling Service
Ken L. Kenworthy Jr. & Equip
Michael J. Rohleder United States
Chief Financial Officer, Currency:
Secretary & Treasurer U.S. Dollars
James A. Merrill
Fiscal Year Ends:
Vice President Finance
Harry C. Stahel Jr.
Stock Price (8/19/2011): 2.56 Common
Recent stock performance
1 Week -20.5%
4 Weeks -51.1%