GMX Resources, Inc. (NYSE: GMXR) is on The StockGuru Leader Board today. The stock closed up 13.68% on Friday.
Volume was 5,990,684 shares traded.
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About the Company:
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 DJ 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, 2010, it had proved reserves of 319.3 billion cubic feet of natural gas equivalent; and 264
net producing wells in east Texas. The company was founded in 1998 and is headquartered
in Oklahoma City, Oklahoma.
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