Replies to post #518 on Blue Dolphin Energy Company (BDCO)

[56Chevy]

Annual Report (10-k)

Date : 04/01/2019 @ 5:04PM
Source : Edgar (US Regulatory)
Stock : Blue Dolphin Energy Co. (QX) (BDCO)
Quote : 0.975 -0.155 (-13.72%) @ 3:59PM

[....]

We reported a net loss of $0.5 million, or a loss of $0.05 per share for the twelve months ended December 31, 2018 compared to a net loss of $22.3 million, or a loss of $2.09 per share, for the twelve months ended December 31, 2017. The twelve months ended December 31, 2017 included the net effect to our consolidated statement of operations of the Final Arbitration Award, which was an expense of $24.3 million, or $2.29 per share, in arbitration award and associated fees. Excluding the Final Arbitration Award, we would have reported net income for the twelve months ended December 31, 2017 of $2.0 million, or income of $0.19 per share, reflecting a decline of $2.5 million, or $0.24 per share, for 2018 compared to 2017 due to lower margins.

[....]

Source:

https://ih.advfn.com/stock-market/USOTC/blue-dolphin-energy-co-qx-BDCO/stock-news/79602070/annual-report-10-k