Advanced Hydrocarbon Stratigraphy, Inc
How we got $1.2M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Family in the business (Timothy Smith, Operations Manager)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▼ 13% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ADVANCED HYDROCARBON STRATIGRAPHY, INC this business | $2.2M | — |
| BRYAN SMITH & ASSOCIATES INC Tulsa · 4 employees | $1.7M | 1.1 mi |
| Pawsitive Veterinary Care Tulsa | $1.2M | 1.5 mi |
| TWIN MED ORTHO LLC Tulsa · 1 employees | $479K | 2.1 mi |
| FOAM SWABS TECHNOLOGIES INC Tulsa · 3 employees | $1.3M | 2.1 mi |
| THE AMERICAN ASSOCIATION OF PETROLEUM GEOLOGISTS Tulsa · 40 employees | $16.3M | 2.1 mi |
| PACESETTER CLAIMS SERVICE INC. Tulsa · 125 employees | $44.7M | 2.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $395K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $623K – $1.6M |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $260K – $450K |
| Industry (NAICS) | All Other Professional, Scientific, and Technical Services (541990) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“AHS was established to develop and deploy technology that overcomes the limitations of these older systems and the challenges of modern PDC bit drilling technologies.”
Leadership
- TSTimothy SmithOperations Manager · Company website · source
- CSChristopher SmithSenior Chemist · Company website · source
- PSPatrick S. GordonGeologist · Company website · source
Advisors
- BankingJPMorgan Chase Bank, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| JPMorgan Chase Bank, National Association PPP 2020, PPP 2021 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $74K | 6 |
| 3/26/2021 | second | $74K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Advanced Hydrocarbon Stratigraphy, Inc
Advanced Hydrocarbon Stratigraphy, Inc is an all other professional, scientific, and technical services company in Tulsa, Oklahoma, in business since 2018. It is owned by Mike Smith (President). Its estimated annual revenue is about $2.2M, with roughly $395K of EBITDA. It has about 6 employees. Its estimated business value is $1.2M (likely range $623K–$1.6M).
Common questions
- Who owns Advanced Hydrocarbon Stratigraphy, Inc?
- Advanced Hydrocarbon Stratigraphy, Inc is owned by Mike Smith (President), according to public sources such as the company's website or filings.
- How much revenue does Advanced Hydrocarbon Stratigraphy, Inc make?
- SeeBITDA estimates Advanced Hydrocarbon Stratigraphy, Inc's annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Advanced Hydrocarbon Stratigraphy, Inc worth?
- About $1.2M, roughly 3× its estimated EBITDA of $395K, typical for a all other professional, scientific, and technical services company its size. Likely range: $623K–$1.6M.
- How many employees does Advanced Hydrocarbon Stratigraphy, Inc have?
- About 6, as reported on its PPP loan.
- When was Advanced Hydrocarbon Stratigraphy, Inc founded?
- Advanced Hydrocarbon Stratigraphy, Inc has been in business since 2018.