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Blue Dolphin Energy Company (BDCO) has been named to the 2024 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market. The ranking is based on one-year total return and average daily dollar volume growth in the previous year. This is the second consecutive year that Blue Dolphin has achieved this distinction, showcasing the company's efforts to increase shareholder value and improve liquidity. The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies, requiring high financial standards, best practice corporate governance, and compliance with applicable securities laws.
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HOUSTON, TX / ACCESSWIRE / 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."
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
The 2024 OTCQX Best 50 is a ranking of the top 50 U.S. and international companies traded on the OTCQX market, calculated based on one-year total return and average daily dollar volume growth in the previous calendar year.
How is the OTCQX Best 50 ranking calculated?
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.
What are the requirements to qualify for the OTCQX market?
Companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws to qualify for the OTCQX market.
blue dolphin energy company operates as an independent refiner and marketer of petroleum products. the company engages in refining crude oil into marketable finished and refined products, such as non-road, locomotive, and marine diesel fuel, as well as naphtha, distillates, and atmospheric gas oil; and conducts petroleum storage and terminaling operations under third party lease agreements at the nixon facility. it also provides pipeline transportation services comprising gathering and transporting oil and natural gas for producers/shippers operating offshore in the u.s. gulf of mexico. in addition, blue dolphin energy company engages in the oil and gas exploration and production activities. it holds leasehold interests in the high island block 115 located to the southeast of bolivar peninsula, galveston area block 321 located to the southeast of galveston, and high island block 37 located to the south of sabine pass in the u.s. gulf of mexico. the company is headquartered in houston,
