Blue Dolphin Energy (OTCMKTS:BDCO) Sees Large Drop in Short Interest

Blue Dolphin Energy (OTCMKTS:BDCO) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 5,900 shares, a decrease of 10.6% from the May 31st total of 6,600 shares. Based on an average daily trading volume, of 24,000 shares, the short-interest ratio is currently 0.2 days.

Blue Dolphin Energy Price Performance

Shares of OTCMKTS BDCO opened at $4.11 on Monday. The business’s 50 day moving average price is $5.61 and its 200 day moving average price is $5.09. The firm has a market cap of $61.32 million, a P/E ratio of 2.94 and a beta of -0.03. Blue Dolphin Energy has a 52 week low of $2.50 and a 52 week high of $8.83. The company has a quick ratio of 0.46, a current ratio of 1.01 and a debt-to-equity ratio of 0.13.

Blue Dolphin Energy (OTCMKTS:BDCO) last released its quarterly earnings data on Wednesday, May 15th. The company reported $0.44 EPS for the quarter. Blue Dolphin Energy had a return on equity of 51.07% and a net margin of 5.64%. The business had revenue of $91.02 million for the quarter.

Blue Dolphin Energy Company Profile

Blue Dolphin Energy Company, an independent downstream energy company, engages in the refining and marketing of petroleum products in the United States. It operates through two segments, Refinery Operations, and Tolling and Terminaling. The company produces finished products, including jet fuel, as well as various intermediate products, such as naphtha, heavy oil mud blendstock, and atmospheric gas oil; and conducts tolling and terminaling services at the Nixon facility.