---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-006999"
form_type: "8-K"
ticker: "BDCO"
cik: "0000793306"
company_name: "BLUE DOLPHIN ENERGY CO"
filed_at: "2022-05-17T23:59:59+00:00"
generated_at: "2026-06-25T12:58:34.474176+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blue Dolphin swings to Q1 net income of $3.5M from $3.2M loss; gross profit $6.6M

## Summary
- 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.

## SEC filing metadata
- accession: 0001654954-22-006999
- form_type: 8-K
- ticker: BDCO
- cik: 0000793306
- company_name: BLUE DOLPHIN ENERGY CO
- filed_at: 2022-05-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793306/000165495422006999/0001654954-22-006999-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793306/000165495422006999/bdco_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-006999
- JSON: https://secwatch.observer/filing/0001654954-22-006999.json
- Plain text: https://secwatch.observer/filing/0001654954-22-006999.txt

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