Blue Dolphin Energy (OTCMKTS:BDCO) Issues Earnings Results

Blue Dolphin Energy (OTCMKTS:BDCO) posted its quarterly earnings data on Tuesday. The company reported ($0.10) earnings per share for the quarter, Zacks reports. The firm had revenue of $68.75 million during 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 Performance

BDCO stock traded up $0.24 on Thursday, hitting $2.95. The company’s stock had a trading volume of 7,430 shares, compared to its average volume of 12,061. The stock has a market cap of $44.03 million, a price-to-earnings ratio of -7.77 and a beta of -0.01. The firm has a 50 day moving average of $1.71 and a two-hundred day moving average of $1.51. The company has a current ratio of 0.68, a quick ratio of 0.21 and a debt-to-equity ratio of 0.13. Blue Dolphin Energy has a 1 year low of $1.01 and a 1 year high of $3.09.

About Blue Dolphin Energy

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.