Blue Dolphin Reports First Quarter 2026 Financial Results

Blue Dolphin Energy reported Q1 2026 net income of $14.7 million ($0.99/share), a significant increase from $2.2 million ($0.15/share) in the prior year period. Gross profit more than tripled to $20.6 million from $6.1 million, driven by improved product differentials and favorable inventory impacts, despite a slight decline in total revenue to $81.5 million from $83.7 million. Consolidated EBITDA quadrupled to $20.7 million from $5.1 million.

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