Jul 16, 2010
1:7
For every 7 shares held, investors received 1. The price per share adjusted from $0.35 to $2.45.
The split itself did not change the total investment value.
Blue Dolphin Energy Co. (OTC:BDCO) operates in the Oil refining/Marketing industry.
Blue Dolphin Energy Co. company overviewBlue Dolphin Energy Co.'s most recent stock split was on July 16, 2010. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
Blue Dolphin Energy Co. (OTC:BDCO) has split its stock 4 times: a 1-for-20 reverse split on October 12, 1983, a 1-for-4 reverse split on June 29, 1987, a 1-for-15 reverse split on December 8, 1997, and a 1-for-7 reverse split on July 16, 2010.
Blue Dolphin Energy Co. has split its stock 4 times. This history records 4 reverse splits between October 12, 1983 and July 16, 2010.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Blue Dolphin Energy Co.'s 1-for-7 reverse split on July 16, 2010, every 7 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Blue Dolphin Energy Co. has not announced a new split in our records. Its most recent split was on July 16, 2010, 16 years ago. Companies announce splits in advance, and any new OTC:BDCO split will appear on this page.