secwatch.observer — SEC 8-K summary
======================================

Issuer:     BLUE DOLPHIN ENERGY CO (BDCO)
CIK:        0000793306
Form:       8-K
Filed at:   2022-05-17T23:59:59+00:00
Accession:  0001654954-22-006999
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793306/000165495422006999/0001654954-22-006999-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793306/000165495422006999/bdco_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-006999

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