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BLUE DOLPHIN ENERGY CO BDCO
BLUE DOLPHIN ENERGY CO (BDCO) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $279.4M at a -2.0% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
How it ranks in Mining & Extraction · percentile among 196 companies
Percentile vs other Mining & Extraction companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 3/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.246 |
| Retained earnings / assets | -0.127 |
| EBIT / assets | -0.015 |
| Equity / liabilities | 0.382 |
Sector peers · similar-size Mining & Extraction companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| BDCO | BLUE DOLPHIN ENERGY CO | 3/9 | -1.73 | — | -12% |
| VTS | Vitesse Energy, Inc. | 6/9 | 2.63 | 26.4 | +13.2% |
| AMPY | Amplify Energy Corp. | 7/9 | 5.11 | 3.7 | -10.6% |
| REI | RING ENERGY, INC. | 3/9 | 1.31 | — | -16.1% |
| KRP | Kimbell Royalty Partners, LP | 2/9 | — | — | +7.9% |
| EGY | VAALCO ENERGY INC /DE/ | 2/9 | 0.92 | — | -25% |
| PNRG | PRIMEENERGY RESOURCES CORP | 4/9 | — | — | -20.5% |
All Mining & Extraction companies →
About BLUE DOLPHIN ENERGY CO
Blue Dolphin Energy Company, an independent downstream energy company, engages in the refining of petroleum products in the United States. It operates through Refinery Operations, Tolling and Terminaling, and Corporate and Other segments. The company offers finished products, such as jet fuel; and intermediate petroleum products, including naphtha, heavy oil-based mud blendstock, and atmospheric gas oil. It also conducts tolling and terminaling services at the Nixon facility. In addition, the company offers storage tank rental services; ancillary services, such as in-tank blending; and tolling and reservation services. The company serves distributors, wholesalers, and refineries in the lower portion of the Texas Triangle, including the Houston, San Antonio, and Dallas/Fort Worth areas. The company is headquartered in Houston, Texas. Blue Dolphin Energy Company operates as a subsidiary of Lazarus Energy Holdings, LLC.
FAQ
Is BDCO financially healthy?
BLUE DOLPHIN ENERGY CO's Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does BDCO pay a dividend?
No, BLUE DOLPHIN ENERGY CO does not currently pay a dividend.
How profitable is BDCO?
In FY2025, BLUE DOLPHIN ENERGY CO had a net margin of -2.0% and a return on equity of -20.5%.
Is BDCO overvalued or undervalued?
BLUE DOLPHIN ENERGY CO trades at about 5.9× trailing earnings — above its 10-year norm (10-year range 0.6×–261.5×, median 2.8×). Stocktoria reports the data, not buy/sell advice.
Is BDCO a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on BLUE DOLPHIN ENERGY CO: a Piotroski F-score of 3/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.