📊 BDCO Key Takeaways
Is Blue Dolphin Energy Co (BDCO) a Good Investment?
Blue Dolphin Energy faces severe operational distress with negative profitability across all margins, collapsing revenues (-19.8% YoY), and persistent cash burn. The company's deteriorating financial position is evidenced by negative free cash flow, inadequate liquidity (0.68x current ratio), and inability to generate sufficient operating cash flow to fund capex.
Blue Dolphin Energy's fundamentals are weak: revenue declined nearly 20% year over year, margins are extremely thin, and the company swung to a net loss with negative operating and free cash flow. Liquidity appears stressed with a sub-1.0 current ratio, a very low quick ratio, and negative interest coverage, which raises concern about near-term financial flexibility even though balance-sheet leverage is not high.
Why Buy Blue Dolphin Energy Co Stock? BDCO Key Strengths
- Modest long-term debt levels (5.2M) relative to total liabilities (76.3M)
- Positive gross profit generation (7.8M) indicating some operational viability
- Reasonable debt-to-equity ratio (0.18x) suggests moderate leverage
- Debt to equity is relatively low at 0.18x, limiting balance-sheet leverage risk
- The company still maintains positive gross profit, indicating the core business has not fully collapsed
- Shareholders' equity remains positive at $28.81M
BDCO Stock Risks: Blue Dolphin Energy Co Investment Risks
- Negative net income (-4.2M) with deteriorating trend (-127.8% YoY change)
- Severe liquidity crisis: current ratio of 0.68x and quick ratio of 0.21x indicate inability to meet short-term obligations
- Negative free cash flow (-2.9M) with operating cash burn (-2.5M) unsustainable long-term
- Revenue decline of 19.8% YoY signals market share loss or commodity price pressure
- Negative interest coverage (-0.9x) indicates inability to service debt from operations
- Critical cash position (2.3M) insufficient to cover liabilities given burn rate
- Revenue fell 19.8% year over year, indicating weakening demand or poor business momentum
- Profitability is deteriorated across the board, with negative operating margin, net margin, ROE, and ROA
- Liquidity is weak, with a 0.68x current ratio, 0.21x quick ratio, and negative interest coverage
Key Metrics to Watch
- Operating cash flow trend and path to positive territory
- Revenue stabilization and margin recovery indicators
- Cash position and liquidity runway relative to operating burn rate
- Operating cash flow and free cash flow trend
- Current ratio and interest coverage
Blue Dolphin Energy Co (BDCO) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
BDCO Profit Margin, ROE & Profitability Analysis
BDCO vs Energy Sector: How Blue Dolphin Energy Co Compares
How Blue Dolphin Energy Co compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Blue Dolphin Energy Co Stock Overvalued? BDCO Valuation Analysis 2026
Based on fundamental analysis, Blue Dolphin Energy Co has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Blue Dolphin Energy Co Balance Sheet: BDCO Debt, Cash & Liquidity
BDCO Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Blue Dolphin Energy Co's revenue has declined by 35% over the 5-year period, indicating business contraction. The most recent EPS of $-0.58 indicates the company is currently unprofitable.
BDCO Revenue Growth, EPS Growth & YoY Performance
BDCO Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $70.4M | -$4.2M | $-0.28 |
| Q2 2025 | $56.6M | $274.0K | $0.02 |
| Q1 2025 | $83.7M | $2.2M | $0.15 |
| Q3 2024 | $82.1M | -$4.7M | $-0.32 |
| Q2 2024 | $68.9M | $274.0K | $0.02 |
| Q1 2024 | $91.0M | $6.6M | $0.44 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Blue Dolphin Energy Co Dividends, Buybacks & Capital Allocation
BDCO SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Blue Dolphin Energy Co (CIK: 0000793306)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BDCO
What is the AI rating for BDCO?
Blue Dolphin Energy Co (BDCO) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 90% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BDCO's key strengths?
Claude: Modest long-term debt levels (5.2M) relative to total liabilities (76.3M). Positive gross profit generation (7.8M) indicating some operational viability. ChatGPT: Debt to equity is relatively low at 0.18x, limiting balance-sheet leverage risk. The company still maintains positive gross profit, indicating the core business has not fully collapsed.
What are the risks of investing in BDCO?
Claude: Negative net income (-4.2M) with deteriorating trend (-127.8% YoY change). Severe liquidity crisis: current ratio of 0.68x and quick ratio of 0.21x indicate inability to meet short-term obligations. ChatGPT: Revenue fell 19.8% year over year, indicating weakening demand or poor business momentum. Profitability is deteriorated across the board, with negative operating margin, net margin, ROE, and ROA.
What is BDCO's revenue and growth?
Blue Dolphin Energy Co reported revenue of $210.6M.
Does BDCO pay dividends?
Blue Dolphin Energy Co does not currently pay dividends.
Where can I find BDCO SEC filings?
Official SEC filings for Blue Dolphin Energy Co (CIK: 0000793306) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BDCO's EPS?
Blue Dolphin Energy Co has a diluted EPS of $-0.28.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is BDCO a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Blue Dolphin Energy Co has a STRONG SELL rating with 90% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is BDCO stock overvalued or undervalued?
Valuation metrics for BDCO: ROE of -14.4% (sector avg: 14%), net margin of -2.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy BDCO stock in 2026?
Our dual AI analysis gives Blue Dolphin Energy Co a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is BDCO's free cash flow?
Blue Dolphin Energy Co's operating cash flow is $-2.5M, with capital expenditures of $336.0K. FCF margin is -1.4%.
How does BDCO compare to other Energy stocks?
Vs Energy sector averages: Net margin -2.0% (avg: 12%), ROE -14.4% (avg: 14%), current ratio 0.68 (avg: 1.3).