BDCO
Blue Dolphin Energy Company
OTC Markets OTCQXUSDEQUITY
Energy
DELAYED
Buy
+47/100
Last price
12.85
▲ 0.21 (1.66%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
—
Prev close
12.64
Day high
13.48
Day low
12.85
Volume
4.04K
Market cap
$191.75M
P/E (TTM)
7.26
52W range
1.01 – 24.89
Trailing performance
Returnvs SPY
1W
+27.23%
+25.3%
1M
+21.23%
+20.1%
3M
+224.49%
+220.0%
6M
+314.52%
+296.3%
YTD
+804.93%
+790.7%
1Y
+844.85%
+828.4%
3Y
+222.86%
+140.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
15 more panels on BDCO open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
13.32M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 10, 26 | MCDOUGALL WILLIAM CHRISTOPHER Divisional Officer |
BUY | 900 | $11.47K | Direct |
| Sep 3, 26 | MCDOUGALL WILLIAM CHRISTOPHER Divisional Officer |
BUY | 200 | $1.99K | Direct |
| Jun 12, 26 | LAZARUS ENERGY HOLDINGS, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
BUY | 10.00K | $35.40K | Direct |
| May 27, 26 | LAZARUS ENERGY HOLDINGS, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
BUY | 20.00K | $78.65K | Direct |
| Apr 20, 26 | LAZARUS ENERGY HOLDINGS, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
BUY | 72.50K | $222.68K | Direct |
| Sep 11, 25 | CARROLL JONATHAN P Chief Executive Officer |
BUY | 4.22K | $5.99K | Direct |
| Sep 10, 25 | LAZARUS ENERGY HOLDINGS, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
BUY | 35.00K | $50.43K | Direct |
| Jun 12, 25 | LAZARUS ENERGY HOLDINGS, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
BUY | 13.54K | $18.18K | Direct |
| Apr 7, 25 | CARROLL JONATHAN P Chief Executive Officer |
BUY | 45.00K | $92.36K | Direct |
| Jan 15, 25 | CARROLL JONATHAN P Chief Executive Officer |
BUY | 1.00K | $3.50K | Direct |
| Jan 15, 25 | KLUG BRYCE DIXON Officer and Treasurer |
BUY | 1.00K | $3.40K | Direct |
| Jan 7, 25 | CARROLL JONATHAN P Chief Executive Officer |
BUY | 8.00K | $22.00K | Direct |
| Dec 17, 24 | CARROLL JONATHAN P Chief Executive Officer |
BUY | 2.00K | $5.53K | Direct |
| Dec 4, 24 | CARROLL JONATHAN P Chief Executive Officer |
BUY | 9.50K | $28.05K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
CARROLL JONATHAN P |
Chief Executive Officer | 4.13M | Purchase |
KLUG BRYCE DIXON |
Officer and Treasurer | 1.00K | Purchase |
LAZARUS ENERGY HOLDINGS, L.L.C. |
Beneficial Owner of more than 10% of a Class of Security | 8.58M | Purchase |
MCDOUGALL WILLIAM CHRISTOPHER |
Divisional Officer | 1.20K | Purchase |
Fundamentals
Market cap$191.75M
Enterprise value$199.38M
Revenue (TTM)$364.86M
Gross profit$50.31M
EBITDA$44.34M
Net income$26.34M
EPS (TTM)$1.77
Free cash flow$32.56M
Total cash$30.90M
Total debt$38.53M
Book value / share$4.01
Shares outstanding14.92M
Float1.59M
Short % of float7.70%
Dividend yield0.00%
Beta (5Y)0.46
Valuation & profitability ratios
Trailing P/E7.26
Forward P/E—
PEG ratio—
Price / sales—
Price / book3.21
EV / revenue0.55
EV / EBITDA4.50
Gross margin13.79%
Operating margin16.45%
Profit margin7.22%
Return on equity56.46%
Return on assets21.49%
Debt / equity64.40
Current ratio1.24
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $279.38M | $317.52M | $396.05M | $487.50M | -12.0% |
| Operating revenue | $279.38M | $317.52M | $396.05M | $487.50M | -12.0% |
| Cost of revenue | $271.00M | $313.86M | $354.17M | $444.23M | -13.7% |
| Gross profit | $8.38M | $3.66M | $41.88M | $43.27M | +129.2% |
| Selling, general & admin | $5.29M | $6.44M | $3.13M | $2.92M | -17.9% |
| Total operating expense | $6.88M | $7.89M | $3.93M | $4.01M | -12.9% |
| Operating income | $1.51M | -$4.24M | $37.95M | $39.26M | +135.6% |
| Net interest income | -$5.39M | -$5.86M | -$5.86M | -$5.88M | +8.0% |
| Pre-tax income | -$6.91M | -$10.16M | $30.53M | $33.20M | +32.0% |
| Tax provision | -$1.31M | -$1.53M | -$485.00K | $307.00K | +14.5% |
| Net income | -$5.60M | -$8.64M | $31.01M | $32.89M | +35.1% |
| Net income to common | -$5.60M | -$8.64M | $31.01M | $32.89M | +35.1% |
| Basic EPS | -0.38 | -0.58 | 2.08 | 2.34 | +34.5% |
| Diluted EPS | -0.38 | -0.58 | 2.08 | 2.34 | +34.5% |
| EBIT | -$1.52M | -$4.10M | $36.63M | $39.08M | +63.0% |
| EBITDA | $1.35M | -$1.29M | $39.43M | $41.88M | +204.2% |
| Basic shares | 14.92M | 14.92M | 14.92M | 14.08M | 0.0% |
| Diluted shares | 14.92M | 14.92M | 14.92M | 14.08M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.01M | $81.00K | $18.71M | $520.00K | +1,146.9% |
| Cash & short-term investments | $1.01M | $81.00K | $18.71M | $520.00K | +1,146.9% |
| Accounts receivable | $8.34M | $5.96M | $4.30M | $1.15M | +40.0% |
| Inventory | $30.89M | $35.66M | $24.58M | $19.84M | -13.4% |
| Total current assets | $44.17M | $44.76M | $49.29M | $25.09M | -1.3% |
| Property, plant & equipment | $50.20M | $52.89M | $55.12M | $57.59M | -5.1% |
| Total assets | $99.07M | $101.90M | $106.08M | $83.90M | -2.8% |
| Total current liabilities | $68.57M | $63.90M | $55.42M | $70.33M | +7.3% |
| Current debt | $44.41M | $40.63M | $39.44M | $47.37M | +9.3% |
| Long-term debt | $3.14M | $4.84M | $7.75M | $2.32M | -35.1% |
| Total debt | $47.77M | $45.92M | $47.33M | $49.84M | +4.0% |
| Total liabilities | $71.71M | $68.93M | $64.48M | $73.32M | +4.0% |
| Retained earnings | -$12.54M | -$6.94M | $1.69M | -$29.32M | -80.7% |
| Shareholder equity | $27.36M | $32.96M | $41.60M | $10.59M | -17.0% |
| Working capital | -$24.40M | -$19.14M | -$6.13M | -$45.25M | -27.5% |
| Net tangible assets | $27.36M | $32.96M | $41.60M | $10.59M | -17.0% |
| Shares issued | 14.92M | 14.92M | 14.92M | 14.92M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$5.60M | -$8.64M | $31.01M | $32.89M | +35.1% |
| Depreciation & amortisation | $2.87M | $2.81M | $2.80M | $2.80M | +2.2% |
| Change in working capital | $103.00K | -$8.56M | -$14.19M | -$20.95M | +101.2% |
| Operating cash flow | -$766.00K | -$15.67M | $20.00M | $16.27M | +95.1% |
| Capital expenditure | -$13.00K | -$46.00K | -$102.00K | -$102.00K | +71.7% |
| Investing cash flow | -$13.00K | -$46.00K | -$102.00K | -$102.00K | +71.7% |
| Financing cash flow | $1.74M | -$1.92M | -$2.71M | -$14.71M | +190.7% |
| Free cash flow | -$779.00K | -$15.72M | $19.90M | $16.17M | +95.0% |
| End cash position | $2.04M | $1.08M | $18.72M | $1.52M | +88.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $144.25M | $81.49M | $68.75M | $70.36M | $56.58M | — | +77.0% |
| Operating revenue | $144.25M | $81.49M | $68.75M | $70.36M | $56.58M | — | +77.0% |
| Cost of revenue | $119.23M | $60.99M | $66.80M | $70.40M | $56.11M | — | +95.5% |
| Gross profit | $25.03M | $20.50M | $1.95M | -$42.00K | $476.00K | — | +22.1% |
| Selling, general & admin | $885.00K | $1.17M | $1.60M | $1.63M | $704.00K | — | -24.5% |
| Total operating expense | $1.30M | $1.57M | $2.09M | $2.03M | $1.10M | — | -17.0% |
| Operating income | $23.73M | $18.93M | -$137.00K | -$2.07M | -$629.00K | — | +25.3% |
| Net interest income | -$1.12M | -$1.38M | -$1.52M | -$849.00K | -$1.55M | — | +18.7% |
| Pre-tax income | $22.60M | $18.56M | -$1.66M | -$5.95M | -$2.18M | — | +21.8% |
| Tax provision | $4.87M | $3.83M | -$213.00K | -$1.27M | -$459.00K | — | +27.0% |
| Net income | $17.74M | $14.73M | -$1.45M | -$4.68M | -$1.72M | — | +20.4% |
| Net income to common | $17.74M | $14.73M | -$1.45M | -$4.68M | -$1.72M | — | +20.4% |
| Basic EPS | 1.19 | 0.99 | — | -0.31 | -0.12 | 0.15 | +20.2% |
| Diluted EPS | 1.19 | 0.99 | — | -0.31 | -0.12 | 0.15 | +20.2% |
| EBIT | $23.87M | $19.94M | -$136.00K | -$5.10M | -$628.00K | — | +19.7% |
| EBITDA | $24.59M | $20.66M | $582.00K | -$4.38M | $89.00K | — | +19.0% |
| Basic shares | 14.92M | 14.88M | — | 14.92M | 14.92M | 14.92M | +0.3% |
| Diluted shares | 14.92M | 14.88M | — | 14.92M | 14.92M | 14.92M | +0.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $30.71M | $401.00K | $1.01M | $2.32M | $819.00K | +7,559.6% |
| Cash & short-term investments | $30.71M | $401.00K | $1.01M | $2.32M | $819.00K | +7,559.6% |
| Accounts receivable | $12.53M | $26.97M | $8.34M | $9.21M | $9.01M | -53.6% |
| Inventory | $33.05M | $37.72M | $30.89M | $33.90M | $41.22M | -12.4% |
| Total current assets | $81.16M | $68.00M | $44.17M | $49.38M | $55.92M | +19.4% |
| Property, plant & equipment | $48.80M | $49.41M | $50.20M | $51.24M | $51.64M | -1.2% |
| Total assets | $130.31M | $118.95M | $99.07M | $105.12M | $110.82M | +9.6% |
| Total current liabilities | $65.29M | $74.45M | $68.57M | $72.45M | $72.70M | -12.3% |
| Current debt | $36.08M | $43.77M | $44.41M | $47.01M | $45.27M | -17.6% |
| Long-term debt | $2.38M | $2.40M | $3.14M | $3.86M | $4.56M | -0.9% |
| Total debt | $38.53M | $46.32M | $47.77M | $51.16M | $50.18M | -16.8% |
| Total liabilities | $70.49M | $76.86M | $71.71M | $76.31M | $77.33M | -8.3% |
| Retained earnings | $19.92M | $2.19M | -$12.54M | -$11.10M | -$6.42M | +811.7% |
| Shareholder equity | $59.83M | $42.09M | $27.36M | $28.81M | $33.48M | +42.1% |
| Working capital | $15.87M | -$6.45M | -$24.40M | -$23.07M | -$16.78M | +345.9% |
| Net tangible assets | $59.83M | $42.09M | $27.36M | $28.81M | $33.48M | +42.1% |
| Shares issued | 14.92M | 14.92M | 14.92M | 14.92M | 14.92M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $17.74M | $14.73M | -$1.45M | -$4.68M | -$1.72M | +20.4% |
| Depreciation & amortisation | $720.00K | $719.00K | $718.00K | $718.00K | $717.00K | +0.1% |
| Change in working capital | $15.69M | -$17.83M | $2.65M | $2.94M | -$226.00K | +188.0% |
| Operating cash flow | $38.20M | $831.00K | $1.76M | $818.00K | -$1.62M | +4,497.1% |
| Capital expenditure | -$121.00K | -$11.00K | — | -$307.00K | — | -1,000.0% |
| Investing cash flow | -$121.00K | -$11.00K | $323.00K | -$307.00K | -$29.00K | -1,000.0% |
| Financing cash flow | -$7.77M | -$1.43M | -$3.37M | $994.00K | $1.18M | -443.5% |
| Free cash flow | $38.08M | $820.00K | $2.09M | $511.00K | -$1.65M | +4,544.0% |
| End cash position | $31.71M | $1.40M | $2.04M | $3.32M | $1.82M | +2,163.7% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $0 | — |
| Next year | — | — | $0 | — |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders89.26%
Held by institutions0.00%
Institutions holding0
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
11.99
+7.16% from price
SMA 20
13.74
-6.45% from price
SMA 50
9.23
+39.19% from price
SMA 100
6.56
+96.03% from price
SMA 200
4.34
+196.22% from price
EMA 12
12.58
+2.13% from price
EMA 26
11.95
+7.54% from price
EMA 50
10.13
+26.87% from price
RSI (14)
53.2
Neutral
MACD (12,26,9)
0.63
Hist -0.49
ATR (14)
3.03
23.56% of price
Realised vol 30D
219.5%
Annualised
Bollinger upper
19.96
20, 2σ
Bollinger lower
7.51
20, 2σ
50 / 200 cross
Golden
9.23 vs 4.34
Trend bias
Above 200
+196.22%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-1.68
Less volatile than market
Correlation to SPY
-0.18
Largely independent
Realised vol 30D
219.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-57.9%
Peak to trough
Max drawdown 5Y
-85.3%
Peak to trough
ATR 14
3.03
23.56% of price
Beta (reported)
0.46
5Y monthly, from filing
Short interest
Shares short
111.88K
Prior 103.35K
Change vs prior
+8.3%
Shorts adding
% of float
7.70%
Normal
% of shares out
5.33%
Against total outstanding
Days to cover
1.9
Liquid
Float
1.59M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split1:7
Split dateJul 16, 2010
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-17
Periodic Financial Reports
10-Q · 2026-08-14
Corporate Changes & Voting Matters
8-K · 2026-06-26
Proxy Statements
DEFA14A · 2026-05-21
Corporate Changes & Voting Matters
8-K · 2026-05-18
Periodic Financial Reports
10-Q · 2026-05-15
Proxy Statements
DEF 14A · 2026-05-11
Corporate Changes & Voting Matters
8-K · 2026-04-02
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PRIVATE STRATEGY · BY QUALIFICATION
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