1 Dec 2017material agreement● Neutral
Lazarus and GEL further extended the settlement-talk window on the arbitration award to December 31, 2017.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 Nov 2017quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $66.9 million and net income of $3.9 million for the period ended 2017-09-30.
15 Nov 2017late filing notice▼ Bad
BLUE DOLPHIN ENERGY CO notified the SEC that its quarterly report would be filed late.
7 Nov 2017material agreement▼ Bad
Lazarus and GEL extended their settlement-talk window on the $31.3 million arbitration award to November 28, 2017, with Blue Dolphin barred from prepaying other debt meanwhile.
12 Oct 2017quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $66.9 million and net income of $3.9 million for the period ended 2017-09-30.
29 Sept 2017material agreement▼ BadMajor
An arbitrator ruled against Lazarus Energy in its dispute with former crude supplier GEL Tex Marketing, awarding GEL about $31.3 million in damages and fees; the two sides agreed to delay court confirmation of the award to pursue settlement talks.
15 Aug 2017late filing notice▼ Bad
BLUE DOLPHIN ENERGY CO notified the SEC that its quarterly report would be filed late.
19 May 2017director interest notice● Neutral
BLUE DOLPHIN ENERGY CO CEO & President Jonathan P Carroll acquired 335,086 shares at $2.48 under a company stock plan.
15 May 2017quarterly activities report▼ Bad
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $52.6 million and a net loss of $1.9 million for the period ended 2017-03-31.
1 May 2017material agreement termination▼ BadMajor
Lazarus Energy terminated its 2011 crude-supply and marketing agreements with GEL Tex Marketing after accusing GEL of breaching its delivery obligations; Blue Dolphin had already stopped buying from GEL in November 2016 amid the dispute.
16 Feb 2017material agreement termination▲ GoodMajor
Blue Dolphin's pipeline subsidiary sold about 15 acres of Freeport land to a Freeport LNG affiliate for $539,000 and received $1.3 million to fully buy out its remaining annual easement payments, ending the related LNG joint-venture exploration.
8 Dec 2016agm 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 2016quarterly activities report▼ Bad
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $54.7 million and a net loss of $1.9 million for the period ended 2016-09-30.
19 Aug 2016debt financing▼ BadMajor
Blue Dolphin's pipeline subsidiary borrowed $4.0 million from controlling shareholder Lazarus Energy Holdings at 16% interest for working capital, secured by Freeport land and FLNG easement payments.
15 Aug 2016quarterly activities report▼ Bad
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $42.0 million and a net loss of $3.2 million for the period ended 2016-06-30.
16 May 2016quarterly activities report▼ Bad
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $31.5 million and a net loss of $2.1 million for the period ended 2016-03-31.
18 Dec 2015agm 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 2015material agreement▲ GoodMajor
Lazarus Refining & Marketing took out a second USDA-guaranteed loan, $10 million from Sovereign Bank, to build more Nixon storage tanks and refinance a $3 million bridge loan.
23 Nov 2015quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $55.3 million and net income of $1.3 million for the period ended 2015-09-30.
16 Nov 2015quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $55.3 million and net income of $1.3 million for the period ended 2015-09-30.
19 Aug 2015quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $59.2 million and net income of $138 thousand for the period ended 2015-06-30.
14 Aug 2015quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $59.2 million and net income of $138 thousand for the period ended 2015-06-30.
26 June 2015material agreement▲ GoodMajor
Lazarus Energy secured a new $25 million, 19-year USDA-guaranteed term loan from Sovereign Bank to expand the Nixon refinery and refinance $8.5 million owed to another bank; Blue Dolphin and CEO Jonathan Carroll personally guaranteed the debt.
19 May 2015quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $61.4 million and net income of $3.7 million for the period ended 2015-03-31.
15 May 2015quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $61.4 million and net income of $3.7 million for the period ended 2015-03-31.
2 Apr 2015quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $61.4 million and net income of $3.7 million for the period ended 2015-03-31.
31 Mar 2015material agreement● Neutral
Lazarus Refining & Marketing modified its 2014 $2.0 million loan from Sovereign Bank, adjusting the interest rate and extending maturity to March 2017.
7 Jan 2015listing compliance notice● Neutral
Blue Dolphin briefly fell out of compliance with OTCQX's rule requiring prepayment of annual listing fees, curing the deficiency before this report was filed.
14 Nov 2014quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $88.2 million and net income of $816 thousand for the period ended 2014-09-30.
14 Nov 2014quarterly activities report● Neutral
BLUE DOLPHIN ENERGY CO reported quarterly revenue of $88.2 million and net income of $816 thousand for the period ended 2014-09-30.