BDCO's stock slumps after Q3 results show falling revenue, narrower losses and rising regulatory and debt pressures weighing on future performance.
BDCO Q2 loss narrows y/y and improved margins, but revenues fell and shares drop 18% as market pressures weighed on investor sentiment.
BDCO swings to a loss in 2024 as weak margins, lower sales and rising impairments weigh on results. Liquidity and working capital also decline.
| Capital Markets Industry | Financials Sector | Mr. Jonathan Pitts Carroll Sr. CEO | OTCQX Exchange | US0953953074 ISIN |
| United States Country | - Employees | - Last Dividend | 16 Jul 2010 Last Split | - IPO Date |
Blue Dolphin Energy Company stands as a notable player in the United States' downstream energy market, specializing in the refinement and marketing of petroleum products. Established in 1986 with its headquarters stationed in Houston, Texas, this independent energy company operates through two primary segments: Refinery Operations, and Tolling and Terminaling. As a subsidiary of Lazarus Energy Holdings, LLC, Blue Dolphin Energy Company harnesses its robust infrastructure and strategic business units to provide a range of petroleum products and services, catering to the dynamic needs of the energy sector.
Blue Dolphin Energy Company's portfolio encompasses a diverse range of products and services designed to meet various industrial and commercial requirements. This includes: