BDCO
Blue Dolphin Energy Company1.3100
-0.2200-14.4%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
19.55MP/E (TTM)
-Basic EPS (TTM)
-0.54Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
Q2 loss, H1 gains reported
Blue Dolphin Energy Company reported a Q2 2025 net loss of $1.7 million, or $0.12 per share, with gross profit of $0.6 million, swinging from a $6.4 million loss last year amid maintenance efforts. For the first half, net income hit $0.5 million on $6.6 million gross profit, edging up from 2024, while EBITDA rose to $5.1 million. Cash climbed to $1.8 million, trimming the working capital deficit to $16.8 million. Yet margin pressures from policy and geopolitics loom.
10-Q
Q2 FY2025 results
Blue Dolphin Energy's Q2 FY2025 results showed revenue dipping 18.8% year-over-year to $56.6M, driven by softer pricing in refinery operations, yet gross profit swung positive at $0.6M from a $4.7M loss last year thanks to $5.3-per-barrel better refining margins. Operating loss narrowed to $0.6M from $6.6M, with net loss at $1.7M or $0.12 per share versus $6.4M or $0.43 last year; year-to-date, net income edged up to $0.5M or $0.03 per share from $0.3M. Cash stood at $0.8M with $1.8M restricted, while inventory swelled to $41.2M amid low-margin builds, and free cash flow wasn't disclosed in the 10-Q. Debt totals $51.5M, including $35.1M current in default on Veritex and GNCU loans secured by facility assets. No M&A closed this quarter. Regulatory pressures from BSEE decommissioning mandates loom large.
8-K
Credit line expanded to $15M
Blue Dolphin Energy Company amended its affiliate revolving credit agreement with Lazarus Energy Holdings, effective June 1, 2025, boosting the maximum borrowing limit from $10.0 million to $15.0 million at WSJ Prime plus 2%. The facility, running through April 30, 2025 with auto-renewal options, supports working capital and general corporate needs. This extra liquidity bolsters operational flexibility amid energy sector demands. Yet, lender discretion governs advances.
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