Blue Dolphin Q2 net income $13.4M ($0.97/sh) vs year-ago loss of $4.1M

BLUE DOLPHIN ENERGY CO

2022-Q2 EPS reported $1.27 revenue$246,805,000

Net income of $13.4M ($0.97 diluted EPS) compared to net loss of $4.1M ($0.32 loss) in Q2-21.
Gross profit $16.8M, a $17.8M improvement from a gross loss of $1.0M in Q2-21.
Refining operations contribution margin $15.8M vs segment deficit of $2.1M in Q2-21.
Management expresses positive outlook for refining operations moving forward.

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