Blue Dolphin Energy (BDCO) Confirms OTCQX Listing on Jan 5, 2024
Ticker: BDCO · Form: 8-K · Filed: Jan 5, 2024 · CIK: 793306
| Field | Detail |
|---|---|
| Company | Blue Dolphin Energy CO (BDCO) |
| Form Type | 8-K |
| Filed Date | Jan 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, corporate-governance, exchange-listing
TL;DR
**BDCO confirmed its stock is listed on OTCQX as of Jan 5, 2024.**
AI Summary
Blue Dolphin Energy Company (BDCO) filed an 8-K on January 5, 2024, to report that its Common Stock, with a par value of $0.01 per share, is registered on the OTCQX exchange under the trading symbol BDCO. This filing, categorized under "Other Events," confirms the company's current listing status and provides updated contact information. For investors, this matters because it reaffirms the stock's trading venue, ensuring transparency about where shares can be bought and sold.
Why It Matters
This filing confirms Blue Dolphin Energy's stock is actively traded on the OTCQX, providing clarity for investors on its market accessibility and regulatory compliance.
Risk Assessment
Risk Level: low — This filing is purely informational, confirming existing trading details, and does not introduce new financial risks or operational changes.
Analyst Insight
A smart investor would note this filing as a routine update confirming the stock's trading venue and par value, but it doesn't provide new information to drive immediate investment decisions. It's a good reminder to verify current trading details.
Key Numbers
- $0.01 — Par Value per Share (The stated par value of Blue Dolphin Energy Company's Common Stock.)
Key Players & Entities
- Blue Dolphin Energy Company (company) — the registrant filing the 8-K
- BDCO (company) — the trading symbol for Blue Dolphin Energy Company
- OTCQX (company) — the exchange where Blue Dolphin Energy Company's stock is registered
- $0.01 (dollar_amount) — the par value per share of Common Stock
- January 5, 2024 (date) — the date of the earliest event reported and filing date
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is Blue Dolphin Energy Company.
On which exchange is Blue Dolphin Energy Company's Common Stock registered?
Blue Dolphin Energy Company's Common Stock is registered on the OTCQX exchange.
What is the trading symbol for Blue Dolphin Energy Company's Common Stock?
The trading symbol for Blue Dolphin Energy Company's Common Stock is BDCO.
What is the par value per share of Blue Dolphin Energy Company's Common Stock?
The par value per share of Blue Dolphin Energy Company's Common Stock is $0.01.
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing was January 5, 2024.
Filing Stats: 623 words · 2 min read · ~2 pages · Grade level 14.3 · Accepted 2024-01-05 16:49:50
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share BDCO OTCQX Indicate by c
Filing Documents
- bdco_8k.htm (8-K) — 24KB
- 0001654954-24-000272.txt ( ) — 141KB
- bdco-20240105.xsd (EX-101.SCH) — 6KB
- bdco-20240105_lab.xml (EX-101.LAB) — 14KB
- bdco-20240105_cal.xml (EX-101.CAL) — 1KB
- bdco-20240105_pre.xml (EX-101.PRE) — 9KB
- bdco-20240105_def.xml (EX-101.DEF) — 2KB
- bdco_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. As previously disclosed, Nixon Product Storage, LLC ("NPS") and Lazarus Refining & Marketing, LLC ("LRM"), each wholly owned subsidiaries of Blue Dolphin Energy Company ("Blue Dolphin"), were involved in separate contract-related disputes with Pilot Travel Centers LLC ("Pilot") and Tartan Oil LLC ("Tartan"), an affiliate of Pilot. NPS and Pilot were in a contract-related dispute involving a May 2019 Terminal Services Agreement, which became subject to a legal action filed in Harris County District Court (the "Texas Action"). NPS also disputed set-off payments between itself and Pilot under a May 2019 Line of Credit Agreement, as amended. LRM was involved in a contract-related dispute with Tartan related to a revenue-sharing arrangement for storing and selling crude oil. Pursuant to a confidential Settlement Agreement (the "Settlement Agreement") by and among Lazarus Energy Holdings LLC, NPS, Lazarus Energy LLC, LRM, Lazarus San Antonio Refinery LLC, and Blue Dolphin (together, the "Lazarus Entities"), on the one hand, and Pilot, Starlight Relativity Holdings LLC, Starlight Relativity Acquisition Company LLC, Tartan, The San Antonio Refinery LLC, and Falls City Terminal, LP (together, the "Pilot Entities"), on the other hand, among other matters addressed, NPS and LRM's contract-related disputes with Pilot and Tartan were fully resolved and the parties agreed to mutually release all claims against each other. Further, Pilot and NPS agreed to take such actions as necessary to dismiss the Texas Action. Blue Dolphin expects to record a gain through reductions in counter-party debt as a result of the settlement. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 5, 2024 Blue Dolphin Energy Company /s/ JONATHAN P. CARROLL Jonathan P. Carroll Chief Executive Officer, President, A