earnings
confidence high
sentiment positive
materiality 0.75
Blue Dolphin swings to Q1 net income of $3.5M from $3.2M loss; gross profit $6.6M
BLUE DOLPHIN ENERGY CO
2022-Q1 EPS reported
$0.27
revenue$110,683,000
- Net income of $3.5M ($0.27 per share) vs net loss of $3.2M ($0.25 loss per share) in Q1-21.
- Gross profit of $6.6M, reversing a gross loss of $0.2M in prior year.
- Refining segment contribution margin of $5.6M compared to deficit of $1.4M in Q1-21.
- Company cites positive outlook for refining operations.