secwatch.observer — SEC 8-K summary ====================================== Issuer: BLUE DOLPHIN ENERGY CO (BDCO) CIK: 0000793306 Form: 8-K Filed at: 2026-05-18T15:12:56+00:00 Accession: 0001437749-26-017548 Event type: earnings Sentiment: positive Materiality: 0.75 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Blue Dolphin Q1 net income jumps to $14.7M ($0.99/sh) from $2.2M; gross profit triples -------------------------------------------------------------------------------- - Net income of $14.7M ($0.99 diluted EPS) vs $2.2M ($0.15) in Q1 2025. - Gross profit of $20.6M, up from $6.1M a year ago; EBITDA of $20.7M vs $5.1M. - Revenue of $81.5M slipped slightly from $83.7M; cash and equivalents at $1.4M (down from $2.0M at Dec 2025). - CEO cites improved product differentials and favorable inventory impacts amid geopolitical uncertainty. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/793306/000143774926017548/0001437749-26-017548-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/793306/000143774926017548/bdco20260513_8k.htm HTML page: https://secwatch.observer/filing/0001437749-26-017548 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer