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

Blue Dolphin Energy (OTCMKTS:BDCO) announced its quarterly earnings data on Tuesday. The company reported ($0.10) earnings per share for the quarter, Zacks reports. Blue Dolphin Energy had a negative net margin of 2.83% and a negative return on equity of 16.96%. The business had revenue of $68.75 million during the quarter.

Blue Dolphin Energy Trading Up 1.6%

Shares of Blue Dolphin Energy stock traded up $0.04 on Wednesday, hitting $2.53. 5,205 shares of the company’s stock traded hands, compared to its average volume of 12,076. The firm’s 50-day moving average price is $1.68 and its two-hundred day moving average price is $1.50. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.68 and a quick ratio of 0.21. The stock has a market capitalization of $37.73 million, a PE ratio of -4.68 and a beta of 0.38. Blue Dolphin Energy has a one year low of $1.01 and a one 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.