GMX Resources, Inc. (NYSE:GMXR)
An independent oil and gas company engaged in the development and exploitation of natural gas and oil properties.
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Just becuase revenue has slowed does not mean this stock should be come a dog. The valuation of this company is worth this price and higher. Buy now.
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Another VERY attractive takeover candidate in my view. Whole father and son operation is in west texas and they have grown this operation from nothing to a very attractive potential asset. They could easily be folded into another close by neighbors operation.
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like Arena Resrcs, 2x prdctn last yr, this yr, and next yr. natrl gas in tx; safe from hurcns. 100% field, another 50%field, and 30% field. can only get better.
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Natural gas is becoming scare resource and price would keep going up. The company production growth is quite amazing!
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This stock is down why? Growing big time, EPS set to double yr over yr. Price target $53
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Nat gas prices driving this cheap stock even cheaper.
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