This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

GMX Resources' CEO Discusses Q2 2012 Results - Earnings Call Transcript

GMX Resources Inc. (GMXR)

Q2 2012 Earnings Call

August 9, 2012 9:00 AM ET


Alan Van Horn – Manager, IR

Michael Rohleder – President

Tim Benton – EVP, Geosciences

Ken Kenworthy – CEO


Welles Fitzpatrick – Johnson Rice

Curt Starer – Aberdeen Asset Management

Richard Tullis – Capital One

Noel Parks – Ladenburg

David Epstein – CRT Capital



Good day, ladies and gentlemen, and welcome to the Second Quarter 2012 GMX Resources Incorporated Earnings Conference Call. My name is Huey and I’ll be your operator for today. At this time, all participants are in a listen-only mode. Later, we’ll conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions) As a reminder, this conference is being recorded for replay purposes.

I would now like to turn the conference over to our host for today, Alan Van Horn, Manager of Investor Relations of GMX Resources. Please proceed.

Alan Van Horn

Thanks, Huey, and good morning and welcome to the GMX Resources Incorporated second quarter 2012 earnings conference call. We appreciate, as always, the participation of our shareholders as well as brokers, analysts and friends. Today, we plan on to review the accomplishments we’ve achieved in the second quarter and in the first half of 2012.

On the call this morning for GMXR is Ken Kenworthy Jr., our Chief Executive Officer; Michael Rohleder, our President; Jim Merrill, our Chief Financial Officer; Tim Benton, Executive Vice President of Geosciences; Harry Stahel, Executive Vice President of Finance; and Darrel Hardy, our Controller.

During this call, we’ll review our results for the second quarter of 2012 and provide our listeners with an update on our operations that we’re actively involved in. This conference call is being recorded and will be available for replay approximately one hour after its completion. Both the conference call with an accompanying slide presentation and our second quarter earnings release can be found on our website at

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.66 -0.09%
FB $118.57 0.84%
GOOG $698.30 0.76%
TSLA $241.82 0.44%
YHOO $36.53 -0.19%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs