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

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

Blue Dolphin Energy Stock Performance

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

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.