Since it reported third-quarter 2025 earnings, shares of Blue Dolphin Energy Company (BDCO) have declined 35.9% compared with the S&P 500’s 3.9% decrease. Over the past month, the stock has dropped 13.6%, lagging the S&P 500’s 2% decline.Earnings & Revenue PerformanceBlue Dolphin’s third-quarter results reflected a mix of modest operating improvements and persistent bottom-line pressure. Revenue from operations fell to $70.4 million from $82.1 million a year earlier, an approximately 14% decrease as product ...