FY2025 · ended Dec 31, 2025 · Revenue $279.38M, -12.0% YoY · Filed Mar 31, 2026
Blue Dolphin Energy Co (BDCO) files with the SEC under industry code 1311, Crude Petroleum & Natural Gas. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $279.4 million and a net loss of $5.6 million. Free cash flow was -$779,000. As of Jun 30, 2026 it held $30.7 million in cash and investments and $74,000 in total debt.
Revenue (TTM)
$364.86M
+22.8% vs year-ago TTM
Net income (TTM)
$26.34M
+414.1% vs year-ago TTM
Operating cash flow (TTM)
$41.62M
+1676.4% vs year-ago TTM
Free cash flow (TTM)
$41.50M
+1628.5% vs year-ago TTM
EPS (TTM)
$1.77
Dividend per share
None
Shares outstanding
14.92M
+0.0% vs prior year
Net cash
$30.64M
as of Jun 30, 2026
Operating margin
10.5%
FY 2026
Company profile
- Industry
- Crude Petroleum & Natural Gas (SIC 1311)
- Listed as
- BDCO (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 793306
Other Crude Petroleum & Natural Gas companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2023 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $279.4M | $317.5M | $396.0M | $487.5M | $300.8M |
| Operating income | -$1.5M | -$4.3M | $36.4M | $39.1M | -$6.7M |
| Net income | -$5.6M | -$8.6M | $31.0M | $32.9M | -$12.8M |
| Diluted EPS | -$0.38 | -$0.58 | $2.08 | $2.34 | -$1.01 |
| Operating cash flow | -$766,000 | -$15.7M | $20.0M | $16.3M | -$6.1M |
| Free cash flow | -$779,000 | -$15.7M | $19.9M | — | -$6.1M |
| Total assets | $99.1M | $101.9M | $106.1M | $83.9M | $66.3M |
| Total liabilities | $71.7M | $68.9M | $64.5M | $73.3M | $89.9M |
| Stockholders' equity | $27.4M | $33.0M | $41.6M | $10.6M | -$23.6M |
| Cash and investments | $1.0M | $81,000 | $18.7M | $520,000 | — |
| Total debt | $217,000 | $455,000 | $147,000 | $44.6M | $44.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Officer or director change
|
Oct 22, 2026 | Oct 17, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 17, 2026 | Aug 17, 2026 |
| 10-Q | Quarterly report | Aug 14, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 26, 2026 | Jun 25, 2026 |
| 8-K |
Current report
Results of operations
|
May 18, 2026 | May 15, 2026 |
| 10-Q | Quarterly report | May 15, 2026 | Mar 31, 2026 |
All 796 Blue Dolphin Energy Co SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.