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Stock impact report

Blue Dolphin (BDCO) Q2 Earnings Decline, Revenues Rise Y/Y [Yahoo! Finance]

BLUE DOLPHIN ENERGY CO (BDCO) 
Company Research Source: Yahoo! Finance
The company posted a wider-than-expected loss, led by unfavorable refining margins, decreased production volumes and rising input costs at its Nixon refinery. Despite a modest increase in total revenues, Blue Dolphin's profitability took a significant hit, reflecting operational difficulties and increased expenses that weighed on its bottom line. This quarter's results underscore the significant headwinds BDCO is facing in a difficult operating environment. Blue Dolphin Energy Co. Price, Consensus and EPS Surprise Blue Dolphin Energy Co. price-consensus-eps-surprise-chart | Blue Dolphin Energy Co. Quote Q2 Results Blue Dolphin reported a second-quarter 2024 loss per share of 43 cents, wider than a loss of 10 cents in the year-ago quarter. Total revenues from operations were $69.7 million, a modest increase from $68.9 million in the year-ago quarter. Weak quarterly earnings resulted primarily from unfavorable refining margins and decreased throughput and production volume Show less Read more
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