Stock fact sheet · data as of
Blue Dolphin Energy Company (BDCO): fair value, margin of safety and Wheel Score
Energy · Oil & Gas Refining & Marketing · United States · Value
Is BDCO undervalued?
BDCO has a margin of safety of 76%: the stock closed at 12.70 on 16 Oct 2026 against a GLS average fair value of 52.19. 6 of the 8 valuation models that produced a number sit above the price. Our screens treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
The 8 models disagree widely: DCF gives 6.38 while Graham Growth gives 100.98. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files BDCO under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for BDCO
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 6.38 | -50% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 12.62 | -1% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 100.98 | +695% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 44.13 | +248% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 72.03 | +467% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 65.34 | +414% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 96.44 | +659% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 19.62 | +54% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -1.85 | -115% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health BDCO scores 8/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is low at 1.0 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are thin or negative - ROIC -7.5%, ROE -20.5%, ROA -5.2% - with debt at 1.75 times equity and a free-cash-flow yield of 21.9%.
Blue Dolphin Energy Company pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Refinery Operations 100%, Tolling and Terminaling 1% (quarter Q2 FY2026).
Institutional ownership scores 5/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | -7.5% |
|---|---|---|---|
| GLS Moat | 1.0 / 10 | ROE | -20.5% |
| Debt / equity | 1.75 | ROA | -5.2% |
| Free-cash-flow yield | 21.9% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 39: No options
BDCO has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 1k shares a day on a market cap of $190M, with a beta of 0.45 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 76% margin of safety | |
| Health | 18 / 20 | Piotroski 8/9 | |
| Moat | 2 / 15 | moat 1.0/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 1k shares/day, $190M cap, beta 0.45 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for BDCO in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Oil & Gas Refining & Marketing
The 12 companies below are the closest to Blue Dolphin Energy Company by market cap within the Oil & Gas Refining & Marketing industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| GFGY Granite Falls Energy, LLC | 5,680.00 | 16,778.78 | +66% | 39No options | $174M |
| FGPR Ferrellgas Partners, L.P. | 21.10 | 136.99 | +85% | 39No options | $240M |
| CLNE Clean Energy Fuels Corp. | 1.51 | 2.47 | +39% | 45Weak | $333M |
| SGU Star Group, L.P. | 12.92 | 60.09 | +78% | 76Good | $424M |
| SAFX XCF Global, Inc. Class A Common Stock | 0.2303 | 3.73 | +94% | 39No options | $84M |
| CAPL CrossAmerica Partners LP | 21.40 | 26.02 | +18% | 64Fair | $817M |
| WKC World Kinect Corporation | 36.72 | 12.65 | -190% | 45Weak | $1.9B |
| PARR Par Pacific Holdings, Inc. | 88.67 | 180.79 | +51% | 83Prime | $4.4B |
| DK Delek US Holdings, Inc. | 76.88 | 75.16 | -2% | 63Fair | $4.7B |
| IEP Icahn Enterprises L.P. | 6.64 | 18.90 | +65% | 45Weak | $4.7B |
| DLXY Delixy Holdings Limited Ordinary Shares | 2.14 | 0.3533 | -506% | 5No options | $7M |
| CVI CVR Energy, Inc. | 61.68 | 20.30 | -204% | 53Fair | $6.2B |
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Start free See the Sunday ScanQuestions about BDCO
Is BDCO undervalued right now?
By the GLS models, yes: at 12.70 the stock is 76% below the average fair value of 52.19 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of BDCO and what does it mean?
BDCO has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for BDCO?
52.19 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Blue Dolphin Energy Company report earnings next?
No upcoming earnings date is recorded for BDCO in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does BDCO have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on BDCO, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.