April 1 (Reuters) - Oil and gas producer GMX Resources Inc said it had filed for Chapter 11 bankruptcy protection, hit by weak natural gas prices.
We are no longer providing equity research on GMX Resources GMXR . We provide broad coverage of more than 1,700 companies across more than 140 industries and adjust our coverage as necessary based on client demand and investor interest.
s desire to increase its exposure to emerging shale plays , complementing its 2009 acquisitions of a stake in GMX Resources ' GMXR Texas Haynesville gathering system and of Crosstex's XTEX natural gas treating operations . We're pleased that
We are raising GMX Resources ' GMXR uncertainty rating to extreme to account for the higher near - term forecast uncertainty present in the high - debt , natural gas - levered exploration and production firm .
GMX Resources ' GMXR preliminary year-end proved reserves fell 24% to 355.3 billion cubic feet of natural gas equivalent from 465.3 bcfe last
GMX Resources GMXR announced third-quarter results Friday. Production from East Texas increased 5% sequentially to 3.49 billion cubic feet of
GMX Resources GMXR announced Oct. 19 that it will issue 5.75 million shares of common stock and $70 million in convertible senior notes. In our
GMX Resources GMXR announced second-quarter results Monday. Production from East Texas increased 2% year over year to 36.4 million cubic feet