BDCO · Blue Dolphin Energy Co
The latest filing states the doubt was alleviated.
“As of March 31, 2026 and the filing date of this report, certain conditions and events existed, in the aggregate, that caused management to evaluate Blue Dolphin's ability to continue as a going concern. Those conditions and events included historical and current working capital deficits and significant debt in default. Management believes that we have sufficient liquidity to meet our obligations as they become due through the generation of cash flows from operations and liquidation of current working capital amounts for a reasonable period (defined as one year from the issuance of these financial statements). Management acknowledges that uncertainty remains related to future operating margins; however, management has a reasonable expectation of Blue Dolphin's ability to generate adequate working capital for, amongst other requirements, purchasing crude oil and condensate and making payments on our long-term debt.”View the 10-Q filed May 15, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
Insider Sentiment Score
Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-06-12 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
1. Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-06-12 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
1. Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-05-27 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-05-27 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-05-27 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-05-27 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-04-20 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
7,500 |
| 2026-04-20 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-04-17 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
7,500 |
| 2026-04-17 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-04-17 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
7,500 |
| 2026-04-17 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
7,500 |
| 2026-04-16 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-04-16 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-04-16 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-04-16 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-04-16 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2026-04-16 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
2,500 |
| 2026-04-16 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,125,000 shares of Blue Dolphin Energy Company. |
Common Stock
|
5,000 |
| 2025-09-11 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Mr. Carroll also indirectly owns 8,475,000 shares of common stock through his ownership interest in Lazarus Energy Holdings, LLC. |
Common Stock
|
4,221 |
| 2025-09-10 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,120,779 shares of Blue Dolphin Energy Company. |
Common Stock
|
1,000 |
| 2025-09-10 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,120,779 shares of Blue Dolphin Energy Company. |
Common Stock
|
10,000 |
| 2025-09-10 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,120,779 shares of Blue Dolphin Energy Company. |
Common Stock
|
1,000 |
| 2025-09-10 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,120,779 shares of Blue Dolphin Energy Company. |
Common Stock
|
1,000 |
| 2025-09-10 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,120,779 shares of Blue Dolphin Energy Company. |
Common Stock
|
1,000 |
| 2025-09-10 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,120,779 shares of Blue Dolphin Energy Company. |
Common Stock
|
7,000 |
| 2025-09-10 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,120,779 shares of Blue Dolphin Energy Company. |
Common Stock
|
1,000 |
| 2025-09-10 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,120,779 shares of Blue Dolphin Energy Company. |
Common Stock
|
1,000 |
| 2025-09-10 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,120,779 shares of Blue Dolphin Energy Company. |
Common Stock
|
1,000 |
| 2025-09-10 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,120,779 shares of Blue Dolphin Energy Company. |
Common Stock
|
1,000 |
| 2025-09-08 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Jonathan Carroll, President/Managing Member of LEH and CEO and President of Blue Dolphin Energy Company also directly owns 4,120,779 shares of Blue Dolphin Energy Company. |
Common Stock
|
10,000 |
| 2025-06-12 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
|
Common Stock
|
5,000 |
| 2025-06-12 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
|
Common Stock
|
5,000 |
| 2025-06-11 | LAZARUS ENERGY HOLDINGS, LLC |
10% Owner |
Buy↑
|
Common Stock
|
3,544 |
| 2025-04-11 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Mr. Carroll also indirectly owns 8,426,456 shares of common stock through his ownership interest in Lazarus Energy Holdings, LLC. |
Common Stock
|
1,000 |
| 2025-04-10 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Mr. Carroll also indirectly owns 8,426,456 shares of common stock through his ownership interest in Lazarus Energy Holdings, LLC. |
Common Stock
|
1,000 |
| 2025-04-10 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Mr. Carroll also indirectly owns 8,426,456 shares of common stock through his ownership interest in Lazarus Energy Holdings, LLC. |
Common Stock
|
1,000 |
| 2025-04-10 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Mr. Carroll also indirectly owns 8,426,456 shares of common stock through his ownership interest in Lazarus Energy Holdings, LLC. |
Common Stock
|
1,000 |
| 2025-04-10 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Mr. Carroll also indirectly owns 8,426,456 shares of common stock through his ownership interest in Lazarus Energy Holdings, LLC. |
Common Stock
|
1,000 |
| 2025-04-09 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Mr. Carroll also indirectly owns 8,426,456 shares of common stock through his ownership interest in Lazarus Energy Holdings, LLC. |
Common Stock
|
1,000 |
| 2025-04-07 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
|
Common Stock
|
4,000 |
| 2025-04-07 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
|
Common Stock
|
3,450 |
| 2025-04-07 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
|
Common Stock
|
100 |
| 2025-04-07 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
|
Common Stock
|
5,000 |
| 2025-04-07 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
|
Common Stock
|
800 |
| 2025-04-07 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
|
Common Stock
|
300 |
| 2025-04-07 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
|
Common Stock
|
1,350 |
| 2025-04-07 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
|
Common Stock
|
100 |
| 2025-04-04 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
|
Common Stock
|
1,000 |
| 2025-04-04 | CARROLL JONATHAN P |
Director, CEO & President, 10% Owner |
Buy↑
|
Common Stock
|
10,000 |