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

Blue Dolphin Energy (OTCMKTS:BDCO) released 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 return on equity of 16.96% and a negative net margin of 2.83%.

Blue Dolphin Energy Price Performance

Shares of Blue Dolphin Energy stock traded up $0.11 during mid-day trading on Wednesday, reaching $2.60. 4,905 shares of the stock were exchanged, compared to its average volume of 12,061. Blue Dolphin Energy has a fifty-two week low of $1.01 and a fifty-two week high of $3.09. The company has a market cap of $38.79 million, a price-to-earnings ratio of -4.81 and a beta of 0.38. The firm has a 50-day simple moving average of $1.68 and a 200 day simple moving average of $1.50. The company has a current ratio of 0.68, a quick ratio of 0.21 and a debt-to-equity ratio of 0.13.

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.