Added to YB: 2026-10-07
Pitch date: 2026-10-01
BDCO [bullish]
Blue Dolphin Energy Company
+7.63%
current return
Author Info
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Company Info
Blue Dolphin Energy Company, an independent downstream energy company, engages in the refining of petroleum products in the United States.
Market Cap
$190.4M
Pitch Price
$11.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.44
P/E
7.23
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Blue Dolphin Energy Company - $BDCO
BDCO: Blue Dolphin owns a scarce, permitted 15,000-bpd Texas refinery whose first-half 2026 EBITDA surged to $45.1M as margins, volumes and uptime improved, enabling $9.2M of principal repayment. Bought at $10.31, the shares reached $12.75, or a ~$190M market cap. The central uncertainty is whether profitability is structural or cyclical, while secured-loan defaults, related-party concentration and single-site risk remain unresolved.
Read full article (25 min)