On November 26, 2024, [Jonathan Carroll](https://www.gurufocus.com/insider/109382/jonathan-carroll), CEO & President, 10% Owner of Blue Dolphin Energy Co (BDCO, Financial), purchased 7,000 shares of the company, according to the [SEC Filing](http://www.sec.gov/Archives/edgar/data/793306/000143774924036291/xslF345X01/rdgdoc.xml). This transaction brings the insider's total ownership to 4,049,279 shares.
Blue Dolphin Energy Co is engaged in the business of refining and marketing petroleum products. The company operates in the energy sector, focusing on the production and distribution of refined petroleum products.
The insider's recent purchase is part of a broader trend of insider buying within the company. Over the past year, [Jonathan Carroll](https://www.gurufocus.com/insider/109382/jonathan-carroll) has acquired a total of 47,200 shares, with no shares sold. The insider transaction history for Blue Dolphin Energy Co indicates a total of five insider buys and zero insider sells over the same period.
On the day of the recent purchase, shares of Blue Dolphin Energy Co were trading at $3.31, resulting in a [market cap](https://www.gurufocus.com/term/mktcap/BDCO) of $47.303 million. The company's [price-earnings ratio](https://www.gurufocus.com/term/pe-ratio/BDCO) stands at 12.19, which is higher than the industry median of 11.7 and also higher than the company's historical median price-earnings ratio.
The [GF Value](https://www.gurufocus.com/term/gf-value/BDCO) of Blue Dolphin Energy Co is estimated at $2.15, leading to a price-to-GF-Value ratio of 1.54. This suggests that the stock is significantly overvalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as [price-sales ratio](https://www.gurufocus.com/term/ps-ratio/BDCO), [price-book ratio](https://www.gurufocus.com/term/pb-ratio/BDCO), and [price-to-free cash flow](https://www.gurufocus.com/term/price-to-free-cash-flow/BDCO), along with a GuruFocus adjustment factor based on the company's past returns and growth, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
