Bryce D. Klug
Effective September 9, 2024, the Board of Directors of Blue Dolphin Energy Company (“Blue Dolphin”) appointed Bryce D. Klug, 44, as principal financial and accounting officer, Treasurer, and Assistant Secretary of Blue Dolphin.
Highest-materiality recent filing
Blue Dolphin Q1 net income jumps to $14.7M ($0.99/sh) from $2.2M; gross profit triples
Net income of $14.7M ($0.99 diluted EPS) vs $2.2M ($0.15) in Q1 2025.
Blue Dolphin FY2025 gross profit $8.7M, net loss narrows; EBITDA turns positive
Gross profit $8.7M (up 123% from $3.9M in FY2024); net loss $5.6M ($0.38/share) vs $8.6M ($0.58/share).
Blue Dolphin Q3 net loss $4.7M; gross profit $0.03M vs ($3.3M) YoY; cash rises to $3.3M
Net loss of $4.7M ($0.31 EPS) vs $5.0M ($0.34) loss in Q3 2024; nine-month loss $4.2M ($0.28) vs $4.7M ($0.32).
Blue Dolphin Q2 net loss narrows to $1.7M; H1 turns to profit
Q2 net loss $1.7M (-$0.12/sh) vs $6.4M loss (-$0.43/sh) a year ago; gross profit $0.6M vs deficit $4.7M.
Blue Dolphin ups affiliate credit line from $10M to $15M, effective June 1, 2025.
Maximum borrowing under affiliate revolving credit agreement increased from $10M to $15M.
Blue Dolphin stockholders elect all five directors and ratify UHY as auditor
All five director nominees elected: Carroll, Misra, Morris, Bailey, Whitney with ~12.5M votes each.
Blue Dolphin Q1 2025 net income falls 66% to $2.2M; EPS $0.15
Net income of $2.2M ($0.15 per share) vs $6.6M ($0.44) in Q1 2024, a 66% decline.
Blue Dolphin posts FY 2024 net loss of $8.6M vs net income of $31.0M in 2023
Revenue fell to $317.5M from $396.0M; refining EBITDA dropped to $2.3M ($0.61/bbl) from $38.6M ($9.37/bbl).
Blue Dolphin reports Q3 net loss of $5.0M vs profit of $7.1M a year ago; refining margins slump
Q3 net loss $5.0M ($0.34 diluted loss per share) vs net income $7.1M ($0.47 diluted EPS) in Q3 2023.
Blue Dolphin subsidiary extends Houston office lease 24 months, expands space 30%
BDSC signed 24-month lease extension effective Sep 1, 2024, expiring Aug 31, 2026.
Blue Dolphin appoints Bryce Klug as principal financial and accounting officer effective Sept 9
Bryce D. Klug, 44, appointed principal financial and accounting officer, Treasurer, and Assistant Secretary.
Blue Dolphin Q2 net loss $6.4M ($0.43/share); revenue $69.7M, gross deficit $4.1M
Net loss of $6.35M vs $1.56M loss in Q2 2023; per-share loss $0.43.
Blue Dolphin Q2 net loss $6.4M; adjusted EBITDA -$5.9M on inventory impairment
Q2 2024 revenue $69.7M, net loss $6.4M ($0.43 loss per share).
Blue Dolphin shareholders elect all five director nominees, ratify auditor at annual meeting
All five directors elected with over 12.6M votes each; only a few dozen withheld votes.
Blue Dolphin subsidiaries obtain waiver of covenant violations for 2021-2023 from lender and USDA
Veritex Community Bank waived all covenant violations under subsidiary loan agreements for 2021-2023.
Blue Dolphin Q1 net income $6.6M ($0.44/share); revenue down 22% YoY
Revenue $91.0M, down from $116.7M in Q1 2023; gross profit $11.8M vs $20.5M.
Effective September 9, 2024, the Board of Directors of Blue Dolphin Energy Company (“Blue Dolphin”) appointed Bryce D. Klug, 44, as principal financial and accounting officer, Treasurer, and Assistant Secretary of Blue Dolphin.
Max materiality 0.80 · Median 0.60 · Most common event earnings