Blue Dolphin Energy (OTCMKTS:BDCO) Posts Earnings Results

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

Blue Dolphin Energy Stock Performance

Shares of Blue Dolphin Energy stock traded down $0.02 on Tuesday, reaching $1.85. 300 shares of the company traded hands, compared to its average volume of 5,770. The company has a 50 day moving average of $2.08 and a 200 day moving average of $2.94. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.28 and a quick ratio of 0.32. Blue Dolphin Energy has a 52 week low of $1.45 and a 52 week high of $8.00. The firm has a market capitalization of $27.61 million, a PE ratio of 7.12 and a beta of 0.22.

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.