BDCO BLUE DOLPHIN ENERGY CO Insider Trading

10% owner Lazarus Energy Holdings bought 20,000 shares at avg $3.93 on 2026-05-27; stock now $3.52, down -7.6% in 30d but up +63.3% in 90d.

Lazarus Energy Holdings, a 10% owner, executed 4 separate purchases totaling 20,000 shares for $78,650.00 at a blended average price of $3.93. The current price of $3.52 is -18.5% from the 52-week high of $4.32, and the stock declined -7.6% over the 30-day period but advanced +63.3% over 90 days. The insider's cross-ticker track record shows 20 prior buys with an average 90-day return of +9.0% and a 90-day win rate of 100.00%, though at this specific ticker (BDCO), the 5 prior trades completed within measurable timeframes showed 30-day gains ranging from +28.4% to +33.7%, with 90-day outcomes not yet determinable. Fundamentally, the company reported quarterly revenue of $81,490,000.00 and net income of $14,730,000.00, but full-year net income was negative, and annual revenue declined -12.0% year-over-year, while the P/E of 7.65 reflects a market cap of $52,525,327.36. The purchase occurs in a context of recent gains at this ticker but mixed fundamentals and a compressed recent 30-day trend.

CEO Carroll bought 4,221 shares of BDCO at $1.42; stock now $1.24, down 71.2% from 52-week high of $4.30.

CEO Jonathan P Carroll purchased 4,221 shares at $1.42 on 2025-09-11, increasing his holdings to 4,125,000 shares. The stock has since declined to $1.24 (currently -71.2% from its 52-week high and down 18.4% over the past 30 days). At this specific ticker, Carroll's 5 prior buys all resulted in negative 90-day returns ranging from -20.8% to -26.7%, with a 0% success rate at the 90-day mark. The company is unprofitable (net income $-1.7M), revenue has contracted 19.8% year-over-year, and market cap stands at $18.5M. The recent purchase occurs in a deteriorating price environment where both near-term momentum and longer-term fundamentals signal headwinds.

LAZARUS ENERGY HOLDINGS bought 35,000 shares at blended avg $1.44 totaling $50.4K; 10% owner accumulating on -24.9% 30d decline from $4.30 high.

LAZARUS ENERGY HOLDINGS, a 10% owner, executed 11 separate purchases totaling 35,000 shares for $50.4K over two trading days (2025-09-08 to 2025-09-10), raising holdings from 8.44M to 8.475M shares. The purchases occurred during a sharp drawdown: the stock is -66.3% from its 52-week high of $4.30 and down -24.9% in the past 30 days, though up 3.6% over 90 days. Prior same-ticker trades at BDCO show mixed timing: 2 of 3 prior buys achieved positive 90-day returns, but the accumulation context is complicated by negative fundamentals—revenue declined -19.8% year-over-year and the company posted a net loss of $-1.7M over its most recent full fiscal year. The insider's cross-ticker track record shows 66.67% 90-day win rate on 3 prior buys with an average 90d return of +3.7%, but at this ticker the pattern is less decisive, and the macro deterioration in profitability is a material headwind investors should monitor alongside the accumulation signal.

10% Owner LAZARUS ENERGY HOLDINGS buys 13,544 shares across 3 trades (avg $1.34) on June 11-12; stock now -66.3% from 52-week high.

LAZARUS ENERGY HOLDINGS, a 10% owner of Blue Dolphin Energy, executed 3 separate purchases totaling 13,544 shares for $18,184.40 between June 11-12, 2025, at an average price of $1.34, increasing holdings from 8,426,456 to 8,440,000 shares. The purchases occur against a backdrop of material operational and valuation pressure: the stock trades at $1.64, down 66.3% from its 52-week high of $4.87, revenue growth has contracted 19.8% year-over-year, and the company posted negative full-year net income despite marginal quarterly profitability of $2.2M. The 13.5K share increment represents only a 0.2% increase in a dominant 8.44M share position held by a related entity, suggesting a modest addition rather than substantial conviction; the purchases also occur at prices materially above the current level and well below the historical range, providing limited signal about near-term direction. The transaction merit investigation into whether this reflects strategic opportunism by a controlling shareholder or a routine rebalance within an already-dominant stake.

BDCO CEO Carroll buys 6,000 shares for $11,130 across 6 transactions at $1.74–$1.91, adding to recent accumulation pattern.

Jonathan P. Carroll, CEO & President of Blue Dolphin Energy, purchased 6,000 shares (6.0K shares) for $11,130.00 across 6 separate transactions on April 9–11, 2025, at prices ranging from $1.74 to $1.91, with a blended average price of $1.86. This purchase follows five additional buy transactions at the same ticker just two days prior (April 7, 2025), establishing a consistent accumulation pattern within a narrow timeframe. The current stock price of $2.08 is -72.3% from its 52-week high of $7.50 and up 11.7% over the past 30 days, though down 30.5% over 90 days, indicating significant recent volatility. The company faces material headwinds: annual revenue declined -19.8% year-over-year, the most recent quarter shows a net loss of $-5,000,000.00 on revenue of $82,109,000.00, and the company was unprofitable over its most recent full fiscal year. The CEO's sustained purchasing activity at depressed prices, following immediately after earlier accumulation, occurs against a backdrop of deteriorating financial performance and substantial shareholder losses from the 52-week high.

CEO Carroll buys 45,000 shares across 20 transactions (Apr 4–7) at blended $2.05; stock down 78.0% from 52-week high.

CEO Jonathan P. Carroll executed 20 separate open-market purchases totaling 45,000 shares for $92,363.00 ($92.4K) over two days (April 4–7, 2025) at a blended average price of $2.05, raising his holdings to 4,114,779 shares. The current price is $1.65, reflecting a 78.0% decline from the 52-week high of $7.50 and a 22.5% drop over 30 days. Carroll's prior five purchases at BDCO (dating back to January 2025) all yielded negative returns at the 90-day mark, with no well-timed entries by that measure. His cross-ticker track record shows 20 prior buys with an average 90-day return of -37.4% and a 0.00% win rate. The company reported quarterly revenue of $82,109,000.00 ($82.1M) with a net loss of $5,000,000.00 ($-5.0M), annual revenue decline of -19.8%, and remains unprofitable on a full-year basis. The magnitude of this purchase (45,000 shares in rapid succession) stands out against the deteriorating price action and persistent losses, though historical execution at this ticker provides no pattern of well-timed entries by the 90-day mark.

BDCO CEO CARROLL JONATHAN P bought 1,000 shares at $3.50 on 2025-01-15; added to 5 prior BDCO purchases in 8 days as stock recovers +37.1% in 30 days from 52-week lows.

CARROLL JONATHAN P, CEO & President, purchased 1,000 shares at $3.50, a small addition to his 4.07M-share position at a company reporting $-5.0M net income on $82.1M quarterly revenue and -18.8% annual revenue decline. This buy follows 5 prior purchases at BDCO made between 2025-01-06 and 2025-01-07. The timing coincides with sharp stock recovery: the stock trades at $3.73 today, up 37.1% over 30 days, but remains 50.3% below its 52-week high of $7.50. His cross-ticker track record shows 20 prior open-market buys averaging -9.4% 30-day returns, establishing a weak pattern of timing execution overall. The clustering of 6 buys in 9 days during a recovery window, combined with deepening losses and revenue contraction at the company level, presents competing signals that merit investor attention to both the insider's activity pattern and the underlying business trajectory.

Klug Bryce Dixon acquired 1,000 shares of BLUE DOLPHIN ENERGY at $3.40 on 2025-01-15; company posted -$5.0M net income on $82.1M quarterly revenue.

Klug Bryce Dixon, holding a senior multi-role position (PFO, PAO, Treas., & Asst. Sec.), made an open-market purchase of 1,000 shares at $3.40, establishing an initial stake in BLUE DOLPHIN ENERGY. The transaction occurs against a backdrop of financial headwinds: the company reported negative net income of $-5.0M in the latest quarter while revenue declined -18.8% year-over-year, and the stock trades -50.3% below its 52-week high of $7.50. While the 30-day price momentum of +37.1% represents a recovery from recent lows, the fundamentals remain under pressure. The small position size and new ownership status provide limited grounds to infer strategic intent, though the executive's multiple operational roles may provide material information access.

CEO Carroll buys 8,000 shares across 3 days at $2.67–$2.84, averaging $2.75 vs. current $2.84; stock down 62.1% from 52-week high.

Jonathan P. Carroll, CEO & President of Blue Dolphin Energy Co., executed 8 separate purchases totaling 8,000 shares for $22,000.00 between January 3–7, 2025, at prices ranging from $2.67 to $2.84, with a blended average price of $2.75. The current price of $2.84 is -62.1% from the 52-week high of $7.50, and the company is reporting negative net income of $-5,000,000.00 on quarterly revenue of $82,109,000.00, with annual revenue declining 18.8% year-over-year. Carroll's cross-ticker track record shows 20 prior buys with a 0.00% 90-day win rate and average 90-day return of -23.0%, while his 5 prior BDCO trades all show negative 30-day returns (ranging from -9.7% to -17.1%), suggesting a consistent pattern of ill-timed purchases. The accumulation itself is modest relative to his post-transaction holdings of 4,068,779 shares (a +0.2% net change), and the deteriorating fundamentals combined with his historical timing pattern warrant careful evaluation of the purchase's underlying motivation.

CEO Carroll buys 2,000 shares ($5,530) at BDCO as stock falls 63.1% from 52-week high; 5 prior buys in 15 days.

CEO Jonathan P. Carroll executed 2 separate purchases totaling 2,000 shares for $5,530.00 ($2.75 and $2.78 per share) on 2024-12-17, adding 0.05% to his 4.06M-share position. This transaction is the sixth buy at BLUE DOLPHIN ENERGY CO within the past 15 days (5 prior trades at BDCO on 2024-12-03 and 2024-12-04), showing sustained accumulation as the stock trades 63.1% below its 52-week high and down 17.3% in 30 days and 35.6% in 90 days. Historically, the CEO's cross-ticker record shows 20 prior buys averaging -10.2% 30-day returns and -13.3% 90-day returns, with only a 33.33% 90-day win rate, indicating his buy timing has not been reliable. The company faces operational headwinds: revenue declined 18.8% year-over-year, net income is negative at -$5.0M in the latest quarter, and market cap is only $41.3M, leaving limited margin for error. The rapid sequence of purchases at depressed prices warrants attention to whether the CEO possesses material non-public information or is simply committing capital based on observed valuation without predictive edge.