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Blue Biofuels (Blue Biofuels) Preferred Stock : $0.00 Mil (As of Mar. 2024)


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What is Blue Biofuels Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Blue Biofuels's preferred stock for the quarter that ended in Mar. 2024 was $0.00 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Blue Biofuels's Enterprise Value for the quarter that ended in Mar. 2024 was $35.50 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Blue Biofuels's Book Value per Share for the quarter that ended in Mar. 2024 was $-0.01.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Blue Biofuels's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.00.


Blue Biofuels Preferred Stock Historical Data

The historical data trend for Blue Biofuels's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blue Biofuels Preferred Stock Chart

Blue Biofuels Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
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Blue Biofuels Quarterly Data
Mar18 Jun18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Blue Biofuels Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Blue Biofuels  (OTCPK:BIOF) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Blue Biofuels's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Blue Biofuels's Book Value per Share for the quarter that ended in Mar. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Blue Biofuels's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blue Biofuels Preferred Stock Related Terms

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Blue Biofuels (Blue Biofuels) Business Description

Traded in Other Exchanges
N/A
Address
3710 Buckeye Street, Suite 120, Palm Beach Gardens, FL, USA, 33410
Blue Biofuels Inc is a technology company focused on emerging technologies in the renewable energy, biofuels, and new technologies sectors. It developed a technology system called Cellulose-to-Sugar 2.0 (CTS 2.0) which is a mechanical/chemical dry process for converting cellulose material into sugar for use in the biofuels industry. It can convert any cellulosic material like grasses, wood, paper, farm waste, yard waste, forestry products, energy crops like hemp or King Grass, and the cellulosic portion of municipal solid waste into sugars and lignin, and subsequently into biofuels and bioplastics. This system produces sugar and chemically unmodified lignin among other by-products. The sugar can then be further converted into biofuels and the lignin into bioplastics.
Executives
Chris J Kneppers director NO 102 GRANDVIEW AVE, HOPEWELL NJ 08525
Benjamin Slager director, 10 percent owner, officer: CEO 165 SE 1ST AVE, DELRAY BEACH, FL 33444
Peter Zimeri director 1030 CITRUS WAY APT 104, DELRAY BEACH FL 33445
Edmund J Burke director 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Anthony Ii Santelli director, 10 percent owner, officer: CFO 9334 AMBER WOOD DRIVE, KIRTLAND OH 44094
Christopher J Jemapete 10 percent owner 6888 SOUTH IRVINGTON COURT, AURORA CO 80016
Pamela B Jemapete 10 percent owner 6888 SOUTH IRVINGTON COURT, AURORA CO 80016
George Bolton director 400 N. CONGRESS AVE, SUITE 130, WEST PALM BEACH FL 33401
Charles Sills director 400 N. CONGRESS AVE, SUITE 130, WEST PALM BEACH FL 33401
Liege Daniel De director, 10 percent owner, officer: President 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Joseph Mcnaney director 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Richard Cohen officer: CFO C/O DUNE ENERGY, INC., TWO SHELL PLAZA, 777 WALKER STREET, SUITE 2300, HOUSTON TX 77002
Amg Energy Solutions, Inc. 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Mark W. Koch director, 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
W. Johan Sturm 10 percent owner 400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401

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