Blue Dolphin Energy Reports Q2 Loss Drop
Blue Dolphin Energy (OTC:BDCO), a small independent refiner and terminal operator in Texas, released its second quarter 2025 results on August 14, 2025. The most notable headline is a sizeable revenue drop to $56.6 million (GAAP), compared to $69.7 million (GAAP) in the prior-year quarter, an 18.7% decline. However, the company reported a significantly smaller net loss of $1.7 million, or $(0.12) per share (GAAP), versus $(0.43) per share (GAAP) in the prior-year quarter. While shrinking losses and a return to positive gross profit illustrate progress in cost control, absolute profitability remains elusive. There were no analyst estimates for comparison this quarter. Overall, the period shows operational improvement but highlights continued risks in margins, liquidity, and future outlook.
Blue Dolphin Energy refines Gulf Coast crude oil at its Nixon facility in Texas and operates related terminal and logistics services. It processes crude into fuels and specialty products for wholesale and commercial customers, while also generating revenue through tolling and terminaling services that store and move third-party products.
Recent efforts have centered around cost reduction and operational efficiency, responding to squeezed refining margins and financial risks. Key success factors for the business include strong operating margins, stable and cost-effective crude supply, careful working capital management, regulatory compliance, and handling competition from larger, better-capitalized refiners.
Source Fool.com
