Short Interest in Blue Dolphin Energy (OTCMKTS:BDCO) Drops By 19.7%

Blue Dolphin Energy (OTCMKTS:BDCO) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 5,700 shares, a drop of 19.7% from the March 31st total of 7,100 shares. Based on an average daily volume of 10,500 shares, the days-to-cover ratio is presently 0.5 days.

Blue Dolphin Energy Trading Up 3.2 %

Blue Dolphin Energy stock traded up $0.22 during mid-day trading on Friday, hitting $7.04. 617 shares of the stock were exchanged, compared to its average volume of 3,604. The company has a quick ratio of 0.45, a current ratio of 0.89 and a debt-to-equity ratio of 0.19. Blue Dolphin Energy has a 12 month low of $1.60 and a 12 month high of $8.83. The firm’s fifty day simple moving average is $5.30 and its two-hundred day simple moving average is $4.79. The stock has a market capitalization of $105.04 million, a price-to-earnings ratio of 3.28 and a beta of 0.15.

Blue Dolphin Energy (OTCMKTS:BDCO) last released its quarterly earnings results on Monday, April 1st. The company reported $0.59 earnings per share (EPS) for the quarter. The firm had revenue of $107.96 million during the quarter. Blue Dolphin Energy had a net margin of 7.83% and a return on equity of 91.40%.

About Blue Dolphin Energy

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.