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Re: lovethatgreen post# 196

Monday, 01/30/2012 6:06:06 PM

Monday, January 30, 2012 6:06:06 PM

Post# of 960
Looks like this article did a good job of predicting it....


GMX Resources, Inc (GMXR) - GMXR is an energy and gas company with oil shale operations in ND and MO and natural gas operations in TX with a market capitalization of $68.55M and a yield of 2.31. On December 9th, 2011, GMXR declared a cash dividend of $.578125 per share for holders of record on their 9.25% Series B Cumulative Preferred Stock for period ending Dec 30, 2011. This company, while a dividend payer, is highly leveraged with an operating income of only $1.9 million as of the end of 3Q of 2011 with their oil operation not seeing much of a profit at all.

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