BDCO
BLUE DOLPHIN ENERGY CO
Next earnings Aug 12, 2026
Last earnings +7.9% on 2026-05-18
$3.85
▲ +2.67%$3.85▲ +115.08%
over 1Y
L $1.10H $4.30
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+2.7%
1W+7.2%
1M-4.5%
3M+42.6%
YTD+156.7%
1Y+115.1%
Avoid
Conviction
Horizon
Medium (3–12mo)
Revenue fell -12.0% YoY.
Revenue (FY2025) $279M · FY2025
BLUE DOLPHIN ENERGY CO shows $279M in FY2025 revenue (-12.0% YoY), a -2.0% net margin, and -20.5% ROE.
Weighing against it: revenue fell -12.0% YoY; unprofitable (net margin -2.0%).
Is BDCO a buy? The one-page verdict, explained →
The options angle
model · matches our verdictBear put spread (caution)~60d expiry
- Long put 4 @ ~0.52 est
- Short put 3.5 @ ~0.26 est
debit $26max +$24max −$26BE 3.74
AVOID means we wouldn't engage at all — if expressing the short side anyway, only with capped risk.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | $488M | $396M | $318M | $279M |
| Gross profit | $914K | $46.1M | $44.7M | — | — |
| Operating income | -$6.70M | $39.1M | $36.4M | -$4.31M | -$1.52M |
| Net income | -$12.8M | $32.9M | $31.0M | -$8.64M | -$5.60M |
| Diluted EPS | -$1.01 | $2.34 | $2.08 | -$0.58 | -$0.38 |
| Net margin | — | 6.7% | 7.8% | -2.7% | -2.0% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$101M
EV / EBITDA74.9
EV / Sales0.4
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-9.7%
FCF yield-1.4%
Quality & risk
ROIC (est.)-1.7%
Free cash flow-$779K
Total debt$44.5M
Net cash-$43.5M
Altman Z-Score2.78 grey
Piotroski F-Score4/9
Capital returns
Buyback yield0.0%
Dividend yield (est.)—
Shareholder yield0.0%
Shares Δ YoY+0.0%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRoutine disclosure cadence — no material red flags in recent filings.
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-06-252026-06-26open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-05-272026-05-29open ↗DEFA14AFiling2026-05-21open ↗8-KPeriod ending 2026-05-152026-05-18open ↗10-QPeriod ending 2026-03-312026-05-15open ↗DEF 14APeriod ending 2026-06-252026-05-11open ↗4Period ending 2026-04-162026-04-20open ↗8-KPeriod ending 2026-03-312026-04-02open ↗10-KPeriod ending 2025-12-312026-03-31open ↗8-KPeriod ending 2025-11-142025-11-14open ↗10-QPeriod ending 2025-09-302025-11-14open ↗
Frequently asked
- Is BLUE DOLPHIN ENERGY CO (BDCO) a buy?
- BDCO currently carries a Avoid rating with 4/5 conviction, derived from its latest SEC filings. Revenue fell -12.0% YoY.
- What is BLUE DOLPHIN ENERGY CO's quality score?
- BDCO scores 57.34010416666667/100 (grade C) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000793306, latest 10-Q filed 2026-05-15) · EODHD · as of 6/24/2026, 1:17:05 PM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
Rule-based analysis, generated automatically from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 24, 2026, 9:17 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.