BDCO · Blue Dolphin Energy Co
$4.20
+0.03 (+0.72%)
At close · Jul 29
Going-concern doubt
— cleared May 15, 2026
The latest filing states the doubt was alleviated.
“As of March 31, 2026 and the filing date of this report, certain conditions and events existed, in the aggregate, that caused management to evaluate Blue Dolphin's ability to continue as a going concern. Those conditions and events included historical and current working capital deficits and significant debt in default. Management believes that we have sufficient liquidity to meet our obligations as they become due through the generation of cash flows from operations and liquidation of current working capital amounts for a reasonable period (defined as one year from the issuance of these financial statements). Management acknowledges that uncertainty remains related to future operating margins; however, management has a reasonable expectation of Blue Dolphin's ability to generate adequate working capital for, amongst other requirements, purchasing crude oil and condensate and making payments on our long-term debt.”View the 10-Q filed May 15, 2026
Market Cap
$62.67M
Shares
14.92M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$279.39M
-12%
FY2025
Net Income
-$5.6M
+35.1%
FY2025
Gross Margin
11.28%
+1.8pp
FY2023
Operating Margin
-0.54%
+0.8pp
FY2025
Diluted EPS
-$0.38
+34.5%
FY2025
Operating Cash Flow
-$766K
+95.1%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $277.18M | $279.39M | $317.52M | $396.05M | $487.5M | $300.82M | $174.81M | $309.26M | $340.76M | $258.45M | $167.86M | $221.73M | $388.66M | $409.54M | $352.09M | $2.27M | $2.74M | |
| $254.01M | $270.71M | $313.63M | $353.95M | $441.43M | $299.91M | $176.86M | $297.83M | $331.94M | $248.43M | — | — | — | — | — | — | — | |
| $30.06M | — | — | $44.68M | $46.07M | $914K | -$2.05M | $11.44M | $8.83M | $10.02M | — | — | — | — | — | — | — | |
| — | — | — | 11.28% | 9.45% | 0.3% | -1.17% | 3.7% | 2.59% | 3.88% | — | — | — | — | — | — | — | |
| $5.11M | $5.29M | $6.44M | $3.13M | $2.92M | $3.02M | $2.3M | $2.66M | $3.27M | $4.02M | $2.71M | $1.53M | $1.43M | $1.79M | $2.08M | $645.44K | $1.43M | |
| — | — | — | — | $83.9M | $66.31M | — | — | — | — | — | — | — | $9463 | $10.47K | -$10.47K | — | |
| $2.87M | $2.87M | $2.81M | $2.8M | $2.8M | $2.78M | $2.69M | -$2.49M | $1.93M | $1.81M | $1.94M | $1.65M | $1.57M | -$1.34M | -$1.62M | $17.68K | $619.33K | |
| — | — | $321.83M | $359.66M | $6.99M | -$300.1M | -$177.03M | — | — | -$253.87M | -$177.79M | -$206.67M | -$372.74M | -$411.98M | -$363.9M | — | — | |
| $263.1M | $280.91M | $321.83M | $351.58M | $441.65M | $7.61M | $5.8M | $5.98M | $6.27M | $31.89M | $180.09M | $214.13M | $377.91M | $413.32M | $365.53M | $663.13K | $3.79M | |
| $14.08M | -$1.52M | -$4.31M | $36.39M | $39.08M | -$6.7M | -$7.85M | $5.45M | $2.56M | -$21.87M | -$12.23M | $7.6M | $10.75M | -$3.78M | -$13.43M | -$663.13K | -$1.05M | |
| — | -0.54% | -1.36% | 9.19% | 8.02% | -2.23% | -4.49% | 1.76% | 0.75% | -8.46% | -7.29% | 3.43% | 2.77% | -0.92% | -3.82% | -29.16% | -38.32% | |
| $16.95M | $1.35M | -$1.5M | $39.19M | $41.88M | -$3.92M | -$5.17M | $2.96M | $4.49M | -$20.06M | -$10.29M | $9.25M | $12.32M | -$5.12M | -$15.06M | -$645.44K | -$431.35K | |
| $5.31M | $5.39M | $6.06M | $6.1M | $5.89M | $6.2M | $6.76M | $6.75M | $3.36M | $2.77M | $1.85M | $1.74M | $892.37K | $1.1M | $954.58K | $51.34K | — | |
| -$5.31M | -$5.39M | -$5.86M | -$5.86M | -$5.88M | -$6.14M | -$6.59M | $1.91M | -$3.34M | -$457K | $70.33K | -$761.95K | -$578.5K | $58.12K | -$398.59K | $846.98K | $32.37K | |
| $8.77M | -$6.91M | -$10.17M | $30.53M | $33.2M | -$12.84M | -$14.44M | $7.36M | -$783K | -$22.33M | -$12.16M | $6.84M | $10.17M | -$3.72M | -$13.83M | $183.85K | -$1.02M | |
| $1.89M | -$1.31M | -$1.53M | -$485K | -$307K | $0 | $15K | $0 | $260K | $0 | -$3.61M | -$2.43M | $5.59M | -$89.26K | -$9678 | $20.92K | $4585 | |
| $6.89M | -$5.6M | -$8.64M | $31.01M | $32.89M | -$12.84M | -$14.46M | $7.36M | -$523K | -$22.33M | -$15.77M | $4.4M | $15.76M | -$3.81M | -$18.28M | $183.85K | -$1.02M | |
| — | -2% | -2.72% | 7.83% | 6.75% | -4.27% | -8.27% | 2.38% | -0.15% | -8.64% | -9.39% | 1.99% | 4.05% | -0.93% | -5.19% | 8.08% | -37.31% | |
| USD/shares | — | -$0.38 | -$0.58 | $2.08 | $2.34 | -$1.01 | -$1.15 | $0.66 | -$0.05 | -$2.09 | -$1.51 | $0.42 | $1.51 | -$0.36 | -$1.78 | $0.02 | -$0.55 |
| USD/shares | — | -$0.38 | -$0.58 | $2.08 | $2.34 | -$1.01 | -$1.15 | $0.66 | -$0.05 | -$2.09 | -$1.51 | $0.42 | $1.51 | -$0.36 | -$1.78 | $0.02 | -$0.55 |
| shares | — | 14.92M | 14.92M | 14.92M | 14.08M | 12.69M | 12.57M | 11.16M | 10.94M | 10.69M | 10.46M | 10.45M | 10.44M | 10.45M | 10.28M | 8.43M | 1.86M |
| shares | — | 14.92M | 14.92M | 14.92M | 14.08M | 12.69M | 12.57M | 11.16M | 10.94M | 10.69M | 10.46M | 10.45M | 10.44M | 10.45M | 10.28M | 8.43M | 1.86M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Oil & Gas Refining & Marketing median 0.76×
EV/EBIT
—
Oil & Gas Refining & Marketing median 13.41×
P/E (TTM)
9.13×
Oil & Gas Refining & Marketing median 14.73×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Refinery Operations | $276,243,000 | $313,579,000 | $390,016,000 | $483,061,000 | — | — |
| Tolling and Terminaling | $3,142,000 | $3,940,000 | $6,032,000 | $4,443,000 | $3,717,000 | $4,209,000 |
| Segment Refinery Operations | — | — | — | — | $297,103,000 | $170,601,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Jet Fuel | $98,132,000 | $114,011,000 | — | — |
| AGO | $73,922,000 | $82,360,000 | — | — |
| Naphtha | $60,474,000 | $77,845,000 | — | — |
| HOBM | $43,667,000 | $39,045,000 | — | — |
| LPG Mix | $48,000 | $318,000 | — | — |
| Tolling and Terminaling | — | — | $396,048,000 | $487,504,000 |