8-K
BLUE DOLPHIN ENERGY CO (BDCO)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________
FORM 8-K
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
January 18, 2024
| Blue Dolphin Energy Company | ||
|---|---|---|
| (Exact name of registrant as specified in its charter) | ||
| Delaware | 0-15905 | 73-1268729 |
| --- | --- | --- |
| (State or Other Jurisdiction<br><br>of Incorporation) | (Commission<br><br>File Number) | (IRS Employer<br><br>Identification No.) |
801 Travis Street, Suite 2100
Houston, TX 77002
(Address of principal executive office and zip code)
(713) 568-4725
(Registrant’s telephone number, including area code)
(Not Applicable)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol (s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, par value $0.01 per share | BDCO | OTCQX |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On January 18, 2024, Blue Dolphin Energy Company (OTCQX: BDCO) issued a press release announcing that the company was named to the 2024 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| 99.1 | Blue Dolphin Energy Company Press Release Issued January 18, 2024. |
|---|---|
| 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 18, 2024
| Blue Dolphin Energy Company |
|---|
| /s/ JONATHAN P. CARROLL |
| Jonathan P. Carroll<br><br>Chief Executive Officer, President,<br><br>Assistant Treasurer and Secretary<br><br>(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer) |
| 3 |
| --- |
Exhibit Index
| 99.1 | Blue Dolphin Energy Company Press Release Issued January 18, 2024. |
|---|---|
| 4 | |
| --- |
bdco_ex991.htm EXHIBIT 99.1
Blue Dolphin Named to 2024 OTCQX Best 50
Houston, Texas – January 18, 2024 – Blue Dolphin Energy Company (OTCQX: BDCO) is pleased to announce it has been named to the 2024 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2024 OTCQX Best 50 were ranked based on their performance in 2023.
“We are proud to have been named to the OTCQX Best 50 for the second year in a row,” said Jonathan P. Carroll, Chief Executive Officer, and President of Blue Dolphin Energy Company. “Blue Dolphin’s Board of Directors, management, and staff have worked hard to increase shareholder value and improve liquidity. Achieving this distinction again is a testament to the continuing efforts of our entire team.”
For the complete 2024 OTCQX Best 50 ranking, visit
https://www.otcmarkets.com/files/2024_OTCQX_Best_50.pdf
The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
About Blue Dolphin
Blue Dolphin is an independent downstream energy company operating in the Gulf Coast region of the United States. Subsidiaries operate a light sweet-crude, 15,000-bpd crude distillation tower with more than 1.2 million bbls of petroleum storage tank capacity in Nixon, Texas. Blue Dolphin was formed in 1986 as a Delaware corporation and is traded on the OTCQX under the ticker symbol “BDCO”. For additional information, visit Blue Dolphin's corporate website at http://www.blue-dolphin-energy.com.
Media Contact:
Jonathan P. Carroll
Chief Executive Officer and President
713-568-4725