---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-026967"
form_type: "8-K"
ticker: "BDCO"
cik: "0000793306"
company_name: "BLUE DOLPHIN ENERGY CO"
filed_at: "2024-08-15T23:59:59+00:00"
generated_at: "2026-05-31T09:09:39.401641+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Blue Dolphin Q2 net loss $6.4M; adjusted EBITDA -$5.9M on inventory impairment

## Summary
- Q2 2024 revenue $69.7M, net loss $6.4M ($0.43 loss per share).
- Q2 results hit by $5.5M inventory impairment and $1.2M turnaround expenses.
- H1 2024 net income $0.3M ($0.02 EPS), adjusted EBITDA $4.6M.
- Working capital improved to positive $18.8M from $6.1M deficit at Dec 2023.
- Cash and restricted cash fell to $1.1M from $18.7M at year-end 2023.

## SEC filing metadata
- accession: 0001437749-24-026967
- form_type: 8-K
- ticker: BDCO
- cik: 0000793306
- company_name: BLUE DOLPHIN ENERGY CO
- filed_at: 2024-08-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793306/000143774924026967/0001437749-24-026967-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793306/000143774924026967/bdco20240617_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-026967
- JSON: https://secwatch.observer/filing/0001437749-24-026967.json
- Plain text: https://secwatch.observer/filing/0001437749-24-026967.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.