Blue Dolphin Energy (OTCMKTS:BDCO) Releases Earnings Results

Blue Dolphin Energy (OTCMKTS:BDCO) posted its quarterly earnings results on Tuesday. The company reported ($0.26) earnings per share (EPS) for the quarter, Zacks reports. Blue Dolphin Energy had a return on equity of 9.56% and a net margin of 1.15%.

Blue Dolphin Energy Stock Up 0.5 %

OTCMKTS BDCO traded up $0.01 on Tuesday, reaching $1.86. The company had a trading volume of 125 shares, compared to its average volume of 5,667. Blue Dolphin Energy has a 1-year low of $1.45 and a 1-year high of $8.00. The company’s fifty day moving average is $2.08 and its 200-day moving average is $2.94. The firm has a market capitalization of $27.75 million, a price-to-earnings ratio of 7.15 and a beta of 0.22. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.32 and a current ratio of 1.28.

About Blue Dolphin Energy

Blue Dolphin Energy Company, an independent downstream energy company, engages in the refining and marketing of petroleum products in the United States. It operates through two segments, Refinery Operations, and Tolling and Terminaling. The company produces finished products, including jet fuel, as well as various intermediate products, such as naphtha, heavy oil mud blendstock, and atmospheric gas oil; and conducts tolling and terminaling services at the Nixon facility.