17 May 2021quarterly activities report▼ Bad
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $59.4 million and a net loss of $4.1 million for the period ended 2021-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
26 Mar 2021contract award▲ GoodMajor
Blue Dolphin's operator, Lazarus Energy Holdings, won a one-year Defense Logistics Agency contract for up to 56.5 million gallons of jet fuel to be produced at the Nixon refinery, and Blue Dolphin announced a pivot toward renewable/low-carbon energy through new affiliate Lazarus Energy Alternative Fuels.
4 Jan 2021agm notice● Neutral
BLUE DOLPHIN ENERGY CO shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
10 Dec 2020agm notice● Neutral
BLUE DOLPHIN ENERGY CO announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
16 Nov 2020quarterly activities report▼ Bad
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $42.9 million and a net loss of $4.7 million for the period ended 2020-09-30.
14 Aug 2020quarterly activities report▼ Bad
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $18.5 million and a net loss of $4.2 million for the period ended 2020-06-30.
15 May 2020quarterly activities report▼ Bad
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $62.0 million and a net loss of $3.3 million for the period ended 2020-03-31.
8 May 2020debt default or forbearance▼ BadMajor
Blue Dolphin's Nixon Product Storage subsidiary failed to repay its $13.0 million Pilot Travel Centers line of credit when it matured on 3 May 2020; Pilot declared default, raised the rate to 14%, accelerated the loan and demanded $11,054,017 immediately. Blue Dolphin, which guaranteed the facility, said it was seeking a settlement with Pilot and a refinancing elsewhere.
1 May 2020director interest notice● Neutral
BLUE DOLPHIN ENERGY CO CEO & President Jonathan P Carroll acquired 231,065 shares at $0.69 under a company stock plan.
20 Dec 2019agm notice● Neutral
BLUE DOLPHIN ENERGY CO shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
14 Nov 2019quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $78.6 million and net income of $8.2 million for the period ended 2019-09-30.
13 Sept 2019debt financing● Neutral
Blue Dolphin's Nixon Product Storage subsidiary amended its line of credit from Pilot Travel Centers, used to finance crude purchases, raising the limit to $13.0 million with scheduled principal paydowns.
14 Aug 2019quarterly activities report▼ Bad
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $78.3 million and a net loss of $3.3 million for the period ended 2019-06-30.
16 May 2019late filing notice▼ Bad
BLUE DOLPHIN ENERGY CO notified the SEC that its quarterly report would be filed late.
16 May 2019quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $68.9 million and net income of $747 thousand for the period ended 2019-03-31.
21 Mar 2019material agreement● NeutralMajor
The GEL settlement's payment deadline was pushed to May 1, 2019 under a fourth amendment as Lazarus continued working to secure financing for the $10 million settlement payment.
28 Dec 2018agm notice● Neutral
BLUE DOLPHIN ENERGY CO shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
21 Dec 2018material agreement● NeutralMajor
Under a third amendment to the GEL settlement, Lazarus's parties adjusted the financing milestones needed to fund the $10 million settlement payment, due by year-end 2018 or the settlement would lapse.
14 Nov 2018quarterly activities report▼ Bad
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $95.5 million and a net loss of $937 thousand for the period ended 2018-09-30.
14 Aug 2018quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $89.1 million and net income of $1.8 million for the period ended 2018-06-30.
25 July 2018debt financing▲ GoodMajor
Lazarus and GEL Tex signed a formal settlement resolving the arbitration: GEL agreed to release all claims, cutting Lazarus's exposure from the $31.3 million award to a $10 million cash payment (on top of the $3.65 million already advanced during the standstill).
29 June 2018material agreement● Neutral
Lazarus and GEL extended the settlement window to July 31, 2018, with another $500,000 payment, bringing the total paid to $2.5 million.
30 May 2018material agreement● Neutral
Lazarus and GEL extended the settlement window to June 29, 2018, with another $500,000 payment, bringing the total paid to $2.0 million.
15 May 2018quarterly activities report▼ Bad
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $72.2 million and a net loss of $151 thousand for the period ended 2018-03-31.
27 Apr 2018material agreement● Neutral
Lazarus and GEL extended the settlement window to May 31, 2018, with another $500,000 payment, bringing the total paid toward the award to $1.5 million.
27 Mar 2018material agreement● Neutral
Lazarus and GEL extended the settlement window to April 30, 2018, with another $500,000 paid toward the award, bringing the total paid down to $1.0 million.
1 Mar 2018material agreement● Neutral
Lazarus and GEL extended the settlement window to March 30, 2018, without a new payment.
1 Feb 2018material agreement● NeutralMajor
Lazarus and GEL extended the settlement window to February 28, 2018, with Lazarus making its first paydown, $500,000, against the arbitration award.
29 Dec 2017material agreement● Neutral
Lazarus and GEL again extended the settlement window on the $31.3 million award to February 1, 2018, while continuing to suspend Blue Dolphin's guaranty-fee payments to CEO Jonathan Carroll.
22 Dec 2017agm notice● Neutral
BLUE DOLPHIN ENERGY CO shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).