Blue Dolphin Energy (OTCMKTS:BDCO) Issues Earnings Results

Blue Dolphin Energy (OTCMKTS:BDCO) posted its quarterly earnings data on Friday. The company reported $0.99 earnings per share for the quarter, Zacks reports. Blue Dolphin Energy had a negative return on equity of 9.83% and a negative net margin of 2.00%.

Blue Dolphin Energy Stock Performance

BDCO remained flat at $3.81 during trading on Friday. The company’s stock had a trading volume of 941 shares, compared to its average volume of 18,802. The business’s 50-day moving average is $2.97 and its 200 day moving average is $1.94. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.64 and a quick ratio of 0.19. Blue Dolphin Energy has a 1-year low of $1.01 and a 1-year high of $3.99. The firm has a market cap of $56.85 million, a PE ratio of -10.03 and a beta of 0.36.

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.