Earnings ·
Blue Dolphin Energy Company reported financial results for the three and six months ended June 30, 2026
BDCOBlue Dolphin Energy Co
Blue Dolphin Energy Company reported financial results for the three and six months ended June 30, 2026. The company posted net income of $17.7 million, or $1.19 per share, for the second quarter, compared to a net loss of $1.7 million in the prior year period. Gross profit reached $25.1 million for the quarter and $45.7 million for the six-month period. Consolidated EBITDA totaled $24.4 million for the three months ended June 30, 2026, up from $0.1 million in the same period last year. As of June 30, 2026, the company held $31.7 million in cash and restricted cash. Blue Dolphin Energy Company is an independent downstream energy company operating a refinery and marketing petroleum products in the Gulf Coast region.