Blue Dolphin Energy (OTCMKTS:BDCO) Announces Earnings Results

Blue Dolphin Energy (OTCMKTS:BDCO) posted its quarterly earnings results on Friday. The company reported $1.19 EPS for the quarter, Zacks reports. Blue Dolphin Energy had a return on equity of 28.59% and a net margin of 2.48%.

Blue Dolphin Energy Stock Performance

Shares of BDCO traded down $0.03 during mid-day trading on Friday, reaching $4.50. The company’s stock had a trading volume of 29,409 shares, compared to its average volume of 15,573. Blue Dolphin Energy has a 1-year low of $1.01 and a 1-year high of $4.84. The stock has a market cap of $67.14 million, a P/E ratio of 9.78 and a beta of 0.42. The business has a 50-day simple moving average of $3.90 and a two-hundred day simple moving average of $3.07. The company has a current ratio of 0.91, a quick ratio of 0.41 and a debt-to-equity ratio of 0.06.

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.