---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-015412"
form_type: "8-K"
ticker: "BDCO"
cik: "0000793306"
company_name: "BLUE DOLPHIN ENERGY CO"
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:51:23.676256+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blue Dolphin Q3 2022 net income $6.4M ($0.43/sh) vs loss $2.9M YoY; gross profit $10.0M

## Summary
- Net income of $6.4M ($0.43/diluted share) for Q3 2022 vs net loss of $2.9M ($0.23 loss/sh) in Q3 2021.
- Gross profit $10.0M in Q3 2022, up from $0.3M in Q3 2021; nine-month gross profit $33.5M.
- Refining operations segment contribution margin $9.0M in Q3 2022 vs deficit $0.8M in Q3 2021.
- Nine-month net income $23.3M ($1.69/sh), up 328% vs same period a year ago.
- Third consecutive quarter of strong operational performance; no guidance provided.

## SEC filing metadata
- accession: 0001654954-22-015412
- form_type: 8-K
- ticker: BDCO
- cik: 0000793306
- company_name: BLUE DOLPHIN ENERGY CO
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793306/000165495422015412/0001654954-22-015412-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793306/000165495422015412/bdco_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-015412
- JSON: https://secwatch.observer/filing/0001654954-22-015412.json
- Plain text: https://secwatch.observer/filing/0001654954-22-015412.txt

## Key facts
- Earnings Releases
  BLUE DOLPHIN ENERGY CO reported Nine months ended September 30, 2022 results: net income $23.3 million, EPS $1.69 per share.
  - Period: Nine months ended September 30, 2022
  - Net income: $23.3 million
  - EPS: $1.69 per share
  - Result: reported results
  source text: Reported net income of $6.4 million, or $0.43 per share, for 3 months and $23.3 million, or $1.69 per share, for 9 months ended September 30, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/793306/000165495422015412/0001654954-22-015412-index.htm
- Earnings Releases
  BLUE DOLPHIN ENERGY CO reported Three months ended September 30, 2022 results: net income $6.4 million, EPS $0.43 per share.
  - Period: Three months ended September 30, 2022
  - Net income: $6.4 million
  - EPS: $0.43 per share
  - Result: reported results
  source text: Net income increased to $6.4 million, or $0.43 per share, for Q3 2022 from a net loss of $2.9 million, or a loss of $0.23 per share, for Q3 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/793306/000165495422015412/0001654954-22-015412-index.htm

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