Blue Dolphin Energy Company (BDCO) AI Stock Analysis

• Market Cap: $21.04M
• Dividend Yield: N/A
• Average Volume (3M): 5.56K
• Price to Earnings (P/E): 6.9
• Beta (1Y): -0.38
• Revenue Growth: -19.96%
• EPS Growth: -152.12%
• Country: US
• Employees: 116
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): -0.12
• Shares Outstanding: 14,921,968
• 10 Day Avg. Volume: 3,105
• 30 Day Avg. Volume: 5,557
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 3.58
• Enterprise Value/Revenue: 0.25
• Enterprise Value/Gross Profit: 19.40
• Enterprise Value/Ebitda: -78.85
• 1Y Price Target: $1.50
• Price Target Upside: 4.90% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: $1.50 ▲(4.90% Upside)

The overall stock score is primarily influenced by the company's volatile financial performance and negative valuation metrics. Technical analysis suggests a bearish trend, with some potential for short-term corrections. The lack of earnings call data and corporate events means these factors do not influence the score.

Blue Dolphin Energy Company Business Overview & Revenue Model

Company Description

Blue Dolphin Energy Company engages in the refining and marketing of petroleum products in the United States. The company operates in two segments, Refinery Operations; and Tolling and Terminaling. It produces finished products, including jet fuel, as well as various intermediate products, such as naphtha, heavy oil-based mud blendstock, and atmospheric gas oil; and conducts tolling and terminaling services for third parties at the Nixon facility. The company was incorporated in 1986 and is headquartered in Houston, Texas. Blue Dolphin Energy Company is a subsidiary of Lazarus Energy Holdings, LLC.

How the Company Makes Money

BDCO generates revenue primarily through the production and sale of crude oil and natural gas. The company operates on a revenue model that includes the extraction of hydrocarbons, which are then sold to refineries and energy companies at market prices. Key revenue streams include direct sales of oil and gas, as well as potential revenue from joint ventures and partnerships with other energy firms for exploration and production activities. Additionally, BDCO may earn income through leasing its assets to other companies, thereby diversifying its income sources. Strategic partnerships with other industry players can enhance operational efficiencies and expand market reach, contributing positively to the company's earnings.

Blue Dolphin Energy Company Financial Statement Overview

Summary

Blue Dolphin Energy Company exhibits a volatile financial performance, with significant swings in revenue and profitability. The balance sheet is heavily leveraged, posing financial stability risks, although there is some improvement in equity. Cash flow challenges indicate potential issues in liquidity management, requiring strategic improvements to stabilize the company's financial health.

Income Statement

The company has experienced significant volatility in its revenue and profitability. Revenues have fluctuated considerably, with a notable decline in the most recent year. The gross profit and net profit margins have been inconsistent, demonstrating both strong and weak operating periods. The EBIT and EBITDA margins were negative in the latest year, indicating operating difficulty.

Balance Sheet

The balance sheet shows a high level of debt, reflected in a fluctuating debt-to-equity ratio, which indicates financial leverage risk. However, there has been an improvement in stockholders' equity in recent years, suggesting some recovery. The equity ratio indicates a moderate level of equity financing relative to total assets, but the high debt level remains a concern.

Cash Flow

Free cash flow has been negative in the most recent year, and there is a significant drop in operating cash flow. The company's ability to generate cash relative to net income has weakened, showing challenges in converting profits into cash. This is a potential risk for sustaining operations and managing debt obligations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	297.11M	317.52M	396.05M	487.50M	300.82M	174.81M
Gross Profit	3.88M	3.89M	44.68M	46.07M	914.00K	-2.05M
EBITDA	-954.00K	-1.29M	40.80M	42.02M	-3.86M	-4.99M
Net Income	-8.39M	-8.64M	31.01M	32.89M	-19.04M	-14.46M
Balance Sheet
Total Assets	110.82M	101.90M	106.08M	83.90M	66.31M	69.30M
Cash, Cash Equivalents and Short-Term Investments	819.00K	266.00K	18.71M	630.00K	119.00K	673.00K
Total Debt	50.18M	45.92M	48.49M	49.84M	64.20M	58.66M
Total Liabilities	77.33M	68.93M	64.48M	73.32M	89.94M	80.09M
Stockholders Equity	33.48M	32.96M	41.60M	10.59M	-23.63M	-10.79M
Cash Flow
Free Cash Flow	-2.71M	-15.72M	19.90M	16.17M	-6.06M	-4.99M
Operating Cash Flow	-2.64M	-15.67M	20.00M	16.27M	-6.06M	-3.90M
Investing Cash Flow	-75.00K	-46.00K	-102.00K	-102.00K	0.00	-1.08M
Financing Cash Flow	3.44M	-1.92M	-2.71M	-14.71M	5.00M	5.43M

Blue Dolphin Energy Company Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.43
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BDCO, the sentiment is Positive. The current price of 1.43 is above the 20-day moving average (MA) of 1.28, below the 50-day MA of 1.46, and below the 200-day MA of 1.85, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 55.68 is Neutral, neither overbought nor oversold. The STOCH value of 72.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BDCO.

Blue Dolphin Energy Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SGU	61 Neutral	$400.25M	7.74	16.22%	6.00%	-0.87%	33.52%
CLNE	60 Neutral	$581.12M	―	-30.98%	―	4.92%	-156.72%
CAPL	54 Neutral	$768.84M	18.26	666.62%	10.56%	-10.51%	101.44%
PBF	51 Neutral	$3.45B	―	-17.30%	3.74%	-18.73%	-236.79%
AMTX	48 Neutral	$178.97M	―	37.38%	―	-19.77%	-47.88%
BDCO	46 Neutral	$21.04M	6.89	-22.26%	―	-19.96%	-152.12%

Blue Dolphin Energy Company Corporate Events

Blue Dolphin Energy Increases Credit Limit by $5 Million

On August 4, 2025, Blue Dolphin Energy Company announced that its Board of Directors approved an amendment to the Affiliate Revolving Credit Agreement, effective June 1, 2025. The amendment increased the maximum borrowing limit from $10 million to $15 million, with all other terms remaining materially the same. The additional funds are expected to be used for working capital and general corporate purposes.

Blue Dolphin Energy Elects Directors at Annual Meeting

Blue Dolphin Energy Company held its Annual Meeting of Stockholders on June 26, 2025. During the meeting, stockholders elected five director nominees and ratified the selection of UHY LLP as the independent public accounting firm for the fiscal year ending December 31, 2025.