secwatch.observer — SEC 8-K summary
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Issuer:     BLUE DOLPHIN ENERGY CO (BDCO)
CIK:        0000793306
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0001437749-25-017250
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Dolphin Q1 2025 net income falls 66% to $2.2M; EPS $0.15
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- Net income of $2.2M ($0.15 per share) vs $6.6M ($0.44) in Q1 2024, a 66% decline.
- Gross profit $6.1M versus $11.2M year-over-year; refining EBITDA $4.9M vs $10.2M.
- Revenue $83.7M, down 8% from $91.0M; total EBITDA $5.1M compared to $10.5M.
- Cash and restricted cash $2.3M at March 31, 2025, up from $1.1M at Dec 31, 2024.
- Working capital deficit improved to $14.5M from $19.1M sequentially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793306/000143774925017250/0001437749-25-017250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793306/000143774925017250/bdco20250508_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-017250

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer