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GMX Resources Inc. (GMXR)

-NYSE

0.92 Down 0.01(1.08%) May 25, 4:00PM EDT|After Hours: 0.92 0.00 (0.00%) May 25, 4:47PM EDT

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GMX Resources Inc.
One Benham Place
9400 North Broadway
Oklahoma City, OK 73114
United States - Map
Phone: 405-600-0711
Fax: 405-600-0722
Website: http://www.gmxresources.com

Details 
Index Membership:N/A
Sector:Basic Materials
Industry:Independent Oil & Gas
Full Time Employees:112

Business Summary 

GMX Resources Inc. operates as an independent oil and natural gas exploration and production company primarily in the United States. It has interests in two oil shale resources, including the Williston Basin that targets the Bakken/Sanish-Three Forks in North Dakota/Montana; and the Denver Julesburg Basin, which targets the Niobrara Formation in Wyoming. The company also holds interests in natural gas resources comprising the Haynesville/Bossier Formation and the Cotton Valley Sand Formation in the East Texas Basin. As of December 31, 2011, it had proved reserves of 285.3 billion cubic feet of natural gas equivalent; and 250.2 net producing wells in east Texas. 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 Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Medium Concern), Board (Medium Concern), Compensation (High Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Ken L. Kenworthy Jr., 55
Co-Founder, Chairman and Chief Exec. Officer
1.42M0.00
Mr. Michael J. Rohleder , 55
Pres and Director
763.00K0.00
Mr. Ken L. Kenworthy Sr., 76
Co-Founder and Director
N/AN/A
Mr. James A. Merrill , 44
Chief Financial Officer, Principal Accounting Officer, Treasurer and Sec.
659.00K0.00
Mr. Gary D. Jackson , 60
Exec. VP of Land
772.00K0.00
Amounts are as of Dec 30, 2011 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.
Currency in USD.
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