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Thursday, November 26, 2009, 3:55AM ET - U.S. Markets Closed for Thanksgiving Day. Dow Up 0.29% Nasdaq Up 0.32%
GMX Resources Inc. (GMXR)On Nov 25: 12.75  Up 1.14 (9.82%)  
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GMX Resources Inc.
One Benham Place
9400 North Broadway Suite 600
Oklahoma City, OK 73114
United States - Map
Phone: 405-600-0711
Fax: 405-600-0722
Web Site: http://www.gmxresources.com

DETAILS 
Index Membership:N/A
Sector:Basic Materials
Industry:Independent Oil & Gas
Full Time Employees:149

BUSINESS SUMMARY 
GMX Resources Inc., together with its subsidiaries, engages in the exploration, development, and production of properties for the production of crude oil and natural gas in Texas, Louisiana, and New Mexico. The company’s drilling, development, and production activities primarily focus on the Cotton Valley Sands in the Sabine Uplift of the Carthage, North Field of Harrison and Panola counties of east Texas. As of December 31, 2008, it had proved reserves of 464.2 billion cubic feet of natural gas equivalent and 236 net producing wells. The company was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.
Key Statistics

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    CORPORATE GOVERNANCE 
    GMX Resources Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 33.1% of Russell 3000 companies and 33.5% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Ken L. Kenworthy Jr., 52
    Co-Founder, Chairman and Chief Exec. Officer
    $ 765.00K $ 203.00K
    Mr. Michael J. Rohleder , 52
    Pres and Exec. VP of Corp. Devel. & Investor Relations
    $ 368.00KN/A
    Mr. Ken L. Kenworthy Sr., 74
    Co-Founder, Consultant
    $ 112.00KN/A
    Mr. James A. Merrill , 40
    Chief Financial Officer, Sec. and Treasurer
    $ 391.00KN/A
    Mr. Richard Q. Hart Jr., P.E., 52
    VP of Operations
    $ 453.00K $ 1.29M
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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