Blue Dolphin Energy (OTCMKTS:BDCO) Releases Quarterly Earnings Results

Blue Dolphin Energy (OTCMKTS:BDCO) issued its quarterly earnings results on Friday. The company reported $1.19 earnings per share (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 Trading Down 0.7%

Blue Dolphin Energy stock traded down $0.03 during trading on Friday, reaching $4.50. 29,409 shares of the company were exchanged, compared to its average volume of 15,573. The stock’s 50 day simple moving average is $3.90 and its two-hundred day simple moving average is $3.07. The company has a market capitalization of $67.14 million, a P/E ratio of 9.78 and a beta of 0.42. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.91 and a quick ratio of 0.41. Blue Dolphin Energy has a 52-week low of $1.01 and a 52-week high of $4.84.

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.