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
Under a fourth amendment dated March 19, 2019, the GEL settlement payment deadline was extended from May 1 to July 31, 2019, with the financing milestone dates also extended.
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 dated December 19, 2018, the GEL settlement payment deadline was extended from January 31 to May 1, 2019, and the financing milestone dates were pushed back as well.
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 settlement agreement with mutual releases, conditional on a $10 million cash payment plus $500,000 monthly interim payments. If the conditions failed, GEL could enforce the roughly $31.3 million arbitration award.
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 signed a fourth amendment to their letter agreement, extending the settlement window to February 28, 2018. In return, the Lazarus parties agreed to pay GEL $500,000, which reduced the balance of 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).