Blue Dolphin Energy (OTCMKTS:BDCO) Posts Earnings Results

Blue Dolphin Energy (OTCMKTS:BDCO) issued its quarterly earnings data on Tuesday. The company reported ($0.10) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $68.75 million for the quarter. Blue Dolphin Energy had a negative net margin of 2.83% and a negative return on equity of 16.96%.

Blue Dolphin Energy Stock Up 1.6%

Shares of BDCO stock traded up $0.04 during mid-day trading on Wednesday, hitting $2.53. The stock had a trading volume of 4,405 shares, compared to its average volume of 12,056. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.68 and a quick ratio of 0.21. The firm has a market capitalization of $37.75 million, a P/E ratio of -4.69 and a beta of 0.38. The firm’s 50-day moving average is $1.68 and its two-hundred day moving average is $1.50. Blue Dolphin Energy has a 12-month low of $1.01 and a 12-month high of $3.09.

Blue Dolphin Energy Company Profile

Blue Dolphin Energy Company (OTCMKTS: BDCO) is an independent energy and marine transportation company headquartered in New Orleans, Louisiana. The firm focuses on the ownership, development and operation of refined petroleum product terminals and related infrastructure along the U.S. Gulf Coast. Its primary asset is a deepwater dock and storage terminal situated at Port Fourchon, Louisiana, which supports the loading and unloading of a variety of refined hydrocarbon products.

The company’s Port Fourchon facility features multiple above-ground storage tanks and a dedicated dock capable of accommodating oceangoing vessels, barges and offshore supply ships.