StockMarketNewsAlert.com Issues Trade Alert -- Blue Dolphin Energy
Wednesday April 5, 9:48 am ET
DEERFIELD BEACH, Fla., April 5, 2006 (PRIMEZONE) -- Blue Dolphin Energy (NasdaqSC:BDCO - News) is new to StockMarketNewsAlert.com. According to M. D'Alonzo at First Equity Group, Inc., ``Recent news flow from the company has been very positive. The company announced reported net income of $909,198 on revenues of $1,675,156 for the quarter ended December 31, 2005, compared to a net loss of $616,827 on revenues of $475,341 for the quarter ended December 31, 2004. Fourth quarter 2005 results improved primarily due to increased revenues from the sale of oil and gas of approximately $1,245,000.''
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Company Overview
Blue Dolphin Energy Company is engaged in the gathering and transportation of natural gas and condensate and the development and production of oil and gas properties.
For a description of future factors that could cause actual results to differ materially from such forward looking statements, see the discussion under the section ``Risk Factors'' included in the Company's Form 10KSB and 10-QSB filings with the Securities and Exchange Commission.