Blue Dolphin Energy Co. (OTCMKTS:BDCO – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 30,067 shares, a growth of 2,575.0% from the August 31st total of 1,124 shares. Based on an average trading volume of 120,905 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.8% of the shares of the company are short sold.
Blue Dolphin Energy Stock Performance
Blue Dolphin Energy stock traded up $0.61 during midday trading on Thursday, reaching $13.00. 15,387 shares of the company traded hands, compared to its average volume of 24,293. The firm has a market capitalization of $193.99 million, a price-to-earnings ratio of 7.34 and a beta of 0.52. The business has a 50 day moving average of $7.96 and a two-hundred day moving average of $5.00. Blue Dolphin Energy has a 12 month low of $1.01 and a 12 month high of $24.89. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.24 and a quick ratio of 0.74.
Blue Dolphin Energy (OTCMKTS:BDCO – Get Free Report) last posted its earnings results on Friday, August 14th. The company reported $1.19 EPS for the quarter. Blue Dolphin Energy had a net margin of 7.22% and a return on equity of 73.06%.
About Blue Dolphin Energy
Blue Dolphin Energy Company is an independent energy company focused primarily on downstream oil operations. Through its subsidiaries, the company owns and operates a crude oil refinery in Nixon, Texas, southwest of San Antonio. The facility processes crude oil and condensate into refined petroleum products and refinery feedstocks.
The company’s product slate has included gasoline blendstocks, diesel fuel, jet fuel, naphtha, vacuum gas oil and asphalt-related products. Blue Dolphin also operates or has operated crude oil gathering, pipeline and storage assets that support the movement of feedstocks to its refinery and the distribution of finished products.
Blue Dolphin’s operations are concentrated in Texas and the broader U.S.
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