Jonathan Carroll, CEO and President of Blue Dolphin Energy Co. (NASDAQ:BDCO), recently acquired 1,000 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The shares were purchased on January 15 at a price of $3.50 each, amounting to a total transaction value of $3,500. The stock, currently trading at $3.73, has shown strong momentum with a 22% gain over the past week and a remarkable 54% return year-to-date, according to InvestingPro data.
Following this transaction, Carroll directly owns 4,069,779 shares of Blue Dolphin Energy. Additionally, he holds an indirect ownership of 8,426,456 shares through his interest in Lazarus Energy Holdings, LLC. Carroll’s dual role as CEO and President, along with his substantial stock holdings, underscores his significant stake in the $55.7 million market cap company. InvestingPro analysis reveals 8 additional key insights about BDCO’s financial…
