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BILOXI MARSH LANDS CORP - BLMC STOCK NEWS

Welcome to our dedicated page for BILOXI MARSH LANDS news (Ticker: BLMC), a resource for investors and traders seeking the latest updates and insights on BILOXI MARSH LANDS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BILOXI MARSH LANDS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BILOXI MARSH LANDS's position in the market.

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Biloxi Marsh Lands Corporation (BLMC) announced that its 2022 Annual Meeting of Shareholders will take place on May 11, 2022, at 10:30 a.m. in Metairie, Louisiana. The company has revealed its financial results for Q4 2021 and the full year ending December 31, 2021, which are available on its website. Additionally, effective March 9, 2022, BLMC entered into a significant long-term CO2 Injection Agreement with Denbury Carbon Solutions, LLC, enabling the sequestration of CO2 beneath its property in St. Bernard Parish, LA.

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Biloxi Marsh Lands Corporation (BLMC) has activated its electronic bulletin board to enhance liquidity for shareholders. This platform allows shareholders to post notices for buying and selling BLMC common stock without incurring user fees. Previously, BLMC shares traded on the over-the-counter market, but recent SEC regulations limited quoting for non-GAAP compliant companies. The bulletin board aims to facilitate direct communication between shareholders for stock transactions, providing a 24/7 platform for share trading.

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Biloxi Marsh Lands Corporation (BLMC) announced the creation of a passive electronic stock-trading bulletin board to increase shareholder liquidity. This platform will allow investors to post buy and sell notices for BLMC shares, facilitating direct communication among them. The company will not act as a broker, and transactions will be self-arranged. Following the SEC's amended Rule 15c2-11, BLMC's compliance will raise operational costs as it must maintain GAAP financial statements. The electronic bulletin board is expected to launch by the end of Q1.

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Biloxi Marsh Lands Corporation has released its unaudited financial results for the second and third quarters of 2021 on its website. Due to Hurricane Ida, the posting of the second-quarter results was delayed. Investors and interested parties are encouraged to visit the company's website for access to historical press releases and financial statements. All inquiries can be directed through the contact section on the website.

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Biloxi Marsh Lands Corporation (BLMC) has released its unaudited financial results for Q1 2021, available on its website. The report highlights delays in the completion of proved reserves studies for its joint ventures, B&L Exploration, LLC (75% interest) and B&L Resources, LLC (50% interest), attributed to COVID-19 staffing issues. Consequently, the company anticipates these studies to be finalized by mid-2021. Investors are encouraged to check the website for comprehensive financial information and updates.

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Biloxi Marsh Lands Corporation (PINK SHEETS:BLMC) is set to hold its 2021 Annual Meeting of Shareholders on May 5, 2021. For the year ending December 31, 2020, the company reported a revenue of $11,736 from oil and gas production, down from $18,982 in 2019. The net loss for 2020 was $988,189 ($0.39 per share), significantly improved from a loss of $3,030,888 ($1.21 per share) the previous year. The company also declared a dividend of $250,503 ($0.10 per share) on January 14, 2021, contributing to a total of $56,481,500 paid in dividends since 2002.

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Biloxi Marsh Lands Corporation (BLMC) announced a dividend of $0.10 per share during its Board meeting on December 17, 2020. This dividend is payable on January 14, 2021 to shareholders who are on record as of the close of business on December 30, 2020. This decision reflects the company's ongoing commitment to providing returns to its investors and signals confidence in its financial sustainability.

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Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC) reported its unaudited financial results for Q3 and the first nine months of 2020, revealing significant changes year-over-year. Revenue from oil and gas production plummeted to $1,557 in Q3 2020, down from $7,165 in Q3 2019. However, the company recognized a settlement gain of $1,607,716 and reported a net income of $1,546,908 ($0.62 per share), a turnaround from a net loss of $483,946 in 2019. The company continues to navigate litigation regarding property damage claims against the U.S. Army Corps of Engineers and is actively pursuing oil and gas operations in Louisiana and Texas.

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FAQ

What is the market cap of BILOXI MARSH LANDS (BLMC)?

The market cap of BILOXI MARSH LANDS (BLMC) is approximately 10.8M.

BILOXI MARSH LANDS CORP

OTC:BLMC

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BLMC Stock Data

10.77M
Oil & Gas E&P
Energy
Link
United States of America
Metairie