2 Oct 2008director interest notice● Neutral
GMX RESOURCES INC CEO and President Ken L Jr. Kenworthy sold 50,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
17 Sept 2008director interest notice● Neutral
GMX RESOURCES INC CEO and President Ken L Jr. Kenworthy sold 50,000 shares.
11 Sept 2008director interest notice● Neutral
GMX RESOURCES INC CEO and President Ken L Jr. Kenworthy sold 50,000 shares.
4 Sept 2008securities registration● Neutral
GMX RESOURCES INC filed a prospectus supplement covering resales by selling shareholders.
29 Aug 2008director interest notice● Neutral
GMX RESOURCES INC 10%+ owner Centennial Energy Partners LLC sold 12,500 shares.
26 Aug 2008director interest notice● Neutral
GMX RESOURCES INC 10%+ owner Centennial Energy Partners LLC sold 147,000 shares.
20 Aug 2008director interest notice● Neutral
GMX RESOURCES INC CEO and President Ken L Jr. Kenworthy sold 50,000 shares.
24 July 2008securities registration● Neutral
GMX RESOURCES INC filed a prospectus supplement covering resales by selling shareholders.
21 July 2008material agreement● NeutralMajor
On July 17, 2008 GMX agreed to sell 2,000,000 new common shares at $70.50 each through underwriters led by Jefferies, with net proceeds of about $133.7 million. A portion will repay borrowings under the revolving bank facility. The filing also gives the February 2008 share-lending update: 2,140,000 shares were loaned and sold at the fixed-price offering, plus 1,300,000 more sold in at-the-market offerings, out of up to 3,846,150 lendable. This adds to the share count.
18 July 2008securities registration● Neutral
GMX RESOURCES INC filed the final prospectus for a registered offering.
17 July 2008securities registration● Neutral
GMX RESOURCES INC filed a free-writing prospectus - marketing material for an offering in progress.
14 July 2008securities registration● Neutral
GMX RESOURCES INC filed a prospectus supplement for an offering off its existing shelf.
3 July 2008director interest notice● Neutral
GMX RESOURCES INC CEO and President Ken L Jr. Kenworthy received 15,477 shares as part of the equity award.
3 July 2008director interest notice● Neutral
GMX RESOURCES INC director Boismier T J received 1,630 shares as part of the equity award.
3 July 2008director interest notice● Neutral
GMX RESOURCES INC CFO, Secretary and Treasurer Merrill James A received 5,377 shares as part of the equity award.
3 July 2008director interest notice● Neutral
GMX RESOURCES INC director Craig Steven Charles received 1,630 shares as part of the equity award.
3 July 2008director interest notice● Neutral
GMX RESOURCES INC director Ken L Sr Kenworthy received 1,630 shares as part of the equity award.
3 July 2008director interest notice● Neutral
GMX RESOURCES INC Vice President - Land Gary D Jackson received 5,377 shares as part of the equity award.
3 July 2008director interest notice● Neutral
GMX RESOURCES INC Vice President of Operations Hart Richard Jr. received 5,377 shares as part of the equity award.
3 July 2008director interest notice● Neutral
GMX RESOURCES INC VP Corp. Dev. & Inv. Relations Rohleder Michael J received 5,377 shares as part of the equity award.
3 July 2008director interest notice● Neutral
GMX RESOURCES INC director Mchugh Jon W received 1,630 shares as part of the equity award.
20 June 2008securities registration● Neutral
GMX RESOURCES INC amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
20 June 2008securities registration● Neutral
GMX RESOURCES INC amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
18 June 2008material agreement● NeutralMajor
On June 12, 2008 GMX signed a Third Amended and Restated Loan Agreement with Capital One and Union Bank of California, raising the maximum it can borrow from $125 million to $250 million and the borrowing base from $90 million to $140 million. BNP Paribas, Fortis Capital Corp and Compass Bank were added as lenders, and the LIBOR margin rose by 0.25 percentage points in both tiers. Prudential, holder of the $30 million Series A notes, also agreed to raise the bank debt the company can incur from $125 million to $185 million.
12 June 2008director interest notice● Neutral
GMX RESOURCES INC CEO and President Ken L Jr. Kenworthy exercised stock options for 12,500 shares and disposed of 62,500 shares.
10 June 2008director interest notice● Neutral
GMX RESOURCES INC CEO and President Ken L Jr. Kenworthy sold 50,000 shares at $56.02.
2 June 2008director interest notice● Neutral
GMX RESOURCES INC director Ken L Sr Kenworthy sold 39,370 shares.
2 June 2008director interest notice● Neutral
GMX RESOURCES INC director Ken L Sr Kenworthy sold 100,000 shares at $51.58.
2 June 2008director interest notice● Neutral
GMX RESOURCES INC Vice President - Land Gary D Jackson exercised stock options for 4,000 shares and disposed of 8,000 shares.
2 June 2008director interest notice● Neutral
GMX RESOURCES INC director Ken L Sr Kenworthy sold 60,630 shares.