| 0.177 Data as of May 17 |  -0.003 / -1.67%Today’s Change | 0.16 Today|||52-Week Range 14.04 | -97.28% Year-to-Date |
| SECTOR Energy Minerals | INDUSTRY Oil & Gas Production | MARKET CAP $1.3M |
Company Description
GMX Resources, Inc. is a resource play rich E&P company. Oil shale resources are located in the Williston Basin, North Dakota & Montana targeting the Bakken Petroleum System and in the DJ Basin, Wyoming targeting the Niobrara Petroleum System. Both plays are estimated 90% oil. The natural gas resources are located in the East Texas Basin, in the Haynesville/Bossier gas shale and the Cotton Valley Sand Formation, where the majority of the company's acreage is contiguous, with infrastructure in place and substantially all held by production. GMX Resources was founded by Ken L. Kenworthy, Jr. and Ken L. Kenworthy, Sr. in 1998 and is headquartered in Oklahoma City, OK.
Employees
Shareholders
| Mutual fund holders | 2.84% |
| Other institutional | 17.91% |
| Individual stakeholders | -- |
Top Executives
| Ken L. Kenworthy, Jr. | Chairman & Chief Executive Officer |
| Michael J. Rohleder | President & Director |
| James A. Merrill, CPA | CFO, Secretary, Treasurer & Executive VP |
| Harry C. Stahel, Jr., CPA | Executive Vice President-Finance |
| Randy Gasaway | Operations Manager |
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