Welcome to our dedicated page for Blue Dolphin news (Ticker: BDCO), a resource for investors and traders seeking the latest updates and insights on Blue Dolphin stock.
Blue Dolphin Energy Company (BDCO) generates regular news and disclosures related to its downstream energy operations, financial performance, and refining activities in the Gulf Coast region of the United States. As an independent refiner and marketer of petroleum products in the Eagle Ford Shale region, the company issues earnings releases that summarize quarterly and annual results and discuss the performance of its refinery operations and tolling and terminaling segments.
News items for Blue Dolphin typically include detailed financial tables showing total revenue from operations, total cost of goods sold, gross profit or deficit, net income or loss, and various EBITDA measures. The company frequently reports consolidated EBITDA, refining EBITDA, and adjusted EBITDA, along with reconciliations to income or loss before income taxes. These releases also describe how factors such as refining margins, maintenance turnaround expenses, and inventory impairments recognized at the lower of cost or net realizable value have influenced recent results.
In addition to earnings metrics, Blue Dolphin’s news coverage often highlights changes in liquidity and working capital, including cash and cash equivalents, restricted cash, and working capital deficits or improvements. The company has discussed periods of debt reduction, forbearance agreements with lenders, and the impact of operating cash flow on its financial position.
Investors following BDCO news can expect updates tied to Blue Dolphin’s Nixon, Texas facility, including references to the light, sweet-crude crude distillation tower and associated storage capacity. Press releases also reference the filing of related Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K with the SEC, providing a link between headline results and the underlying regulatory filings. For ongoing insight into BDCO, this news stream reflects how the company communicates its operating performance and financial condition over time.
Blue Dolphin Energy Company (OTCQX:BDCO) reported results for the three and nine months ended September 30, 2025.
Key figures: Q3 2025 net loss $4.7M (loss per share $0.31); nine-month net loss $4.2M (loss per share $0.28). Gross profit was $0.03M in Q3 2025 and $6.7M for the nine months. Consolidated EBITDA was $(4.4)M in Q3 and $0.8M for the nine months. Refinery operations EBITDA was $(1.5)M in Q3 and $2.5M for the nine months.
Liquidity: cash and restricted cash totaled $3.3M at September 30, 2025 (up $2.2M from Dec 31, 2024), and working capital deficit widened to $23.1M.
Blue Dolphin Energy (OTCQX:BDCO), an independent refiner in the Eagle Ford Shale region, reported mixed Q2 2025 financial results. The company posted a net loss of $1.7 million ($0.12 per share) for Q2 2025, compared to a loss of $6.4 million ($0.43 per share) in Q2 2024. However, for H1 2025, Blue Dolphin achieved net income of $0.5 million ($0.03 per share).
Q2 2025 highlights include total gross profit of $0.6 million and consolidated EBITDA of $0.1 million. The company's working capital deficit improved to $16.8 million as of June 30, 2025, a $2.3 million improvement from December 31, 2024. Cash and cash equivalents increased to $1.8 million, up from $1.1 million at year-end 2024.
Blue Dolphin Energy Company (OTCQX:BDCO) reported a significant financial downturn for FY2024. The company posted a net loss of $8.6 million ($0.58 per share), compared to net income of $31.0 million ($2.08 per share) in 2023. Total revenue decreased to $317.5 million from $396.0 million in 2023.
Refining EBITDA dropped substantially to $2.3 million ($0.61 per barrel) from $38.6 million ($9.37 per barrel) in 2023, impacted by less favorable refining margins, lower sales volume, maintenance costs, and an $8.3 million inventory impairment. Tolling and terminaling EBITDA declined to $2.1 million from $4.3 million.
The company's liquidity position weakened with cash and equivalents falling to $1.1 million from $18.7 million, while working capital deficit increased to $19.1 million from $6.1 million. During 2024, Blue Dolphin prioritized debt reduction, paying down $7.5 million in principal and accrued interest on term loans.
Blue Dolphin Energy Company (OTCQX:BDCO) reported financial results for Q3 2024, showing an adjusted refinery operations segment deficit of $4.0 million compared to a $9.7 million margin in Q3 2023. The company's working capital improved to a positive $9.9 million, a $16.0 million increase from December 2023. Total revenue decreased to $82.1 million from $102.6 million year-over-year. Performance was negatively impacted by less favorable refining margins, lower sales volume, and a $1.9 million inventory impairment. Cash and equivalents stood at $1.7 million, down from $18.7 million at the end of 2023.
Blue Dolphin Energy Company (OTCQX:BDCO) reported its Q2 2024 financial results. Despite a challenging quarter with a total gross deficit of $4.1 million and a net loss of $6.4 million, the company showed improvement in its financial position. Key highlights include:
- Positive working capital of $18.8 million as of June 30, 2024, a $24.9 million improvement from December 31, 2023.
- For the six months ended June 30, 2024: total gross profit of $7.8 million, net income of $0.3 million, and adjusted EBITDA of $4.6 million.
- Q2 results were impacted by a $5.5 million inventory impairment and $1.2 million in maintenance turnaround expenses.
The company completed a maintenance turnaround of the Nixon facility and significantly decreased current debt in Q2 2024.
Blue Dolphin Energy Company (OTCQX:BDCO) reported its financial results for Q1 2024, highlighting a total gross profit of $11.8 million, adjusted EBITDA of $10.5 million, and net income of $6.6 million or $0.44 per share. Revenue from operations was $91 million, down from $116.7 million in the same period in 2023. The company’s cash and cash equivalents decreased to $11.1 million. However, working capital improved from a deficit of $6.1 million to a surplus of $0.3 million.
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