B&g Production Inc
How we got $36.3M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 29% 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.
What we know
What they do
B & G Production, Inc. is a privately owned oil and gas production company based in Woodward, Oklahoma, that operates over one hundred wells in Northwest Oklahoma, the Texas Panhandle, and Southwest Kansas. It has operated stripper wells since 1986 and provides owner relations information such as address changes, direct deposit and statements.
From the company's website. Industry: Crude Petroleum Extraction.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| B&G PRODUCTION INC this business | $29.0M | — |
| TANGNEY FLOW SERVICES LLC Woodward · 1 employees | $4.1M | 2.2 mi |
| CHIMNEY ROCK SERVICES LLC Mooreland · 1 employees | $3.0M | 9.9 mi |
| KOG PRODUCTION LLC Freedom · 1 employees | $5.8M | 27.7 mi |
| PLAINVIEW BRINE LLC Freedom · 12 employees | $55.6M | 28.1 mi |
| NELSON PUMPING SERVICE LLC Chester · 3 employees | $9.1M | 30.0 mi |
| BLOOD CONSULTING INC Seiling · 1 employees | $4.7M | 45.7 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $39.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.5M |
| Estimate: the two combined (geometric mean) | $29.0M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $6.6M |
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 | $36.3M |
| Multiple for this size and industry | 5.5× |
| Value range | $19.1M – $49.6M |
| Revenue range | $19.1M – $33.1M |
| EBITDA range | $4.3M – $7.5M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingBank 7PPP / 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
| Bank 7 PPP 2020, PPP 2021 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $87K | 10 |
| 1/16/2021 | second | $87K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About B&g Production Inc
B&g Production Inc is a crude petroleum extraction company in Woodward, Oklahoma, in business since 2017. Its estimated annual revenue is about $29.0M, with roughly $6.6M of EBITDA. It has about 10 employees. Its estimated business value is $36.3M (likely range $19.1M–$49.6M).
Common questions
- Who owns B&g Production Inc?
- The owner of B&g Production Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does B&g Production Inc make?
- SeeBITDA estimates B&g Production Inc's annual revenue at about $29.0M (likely between $19.1M and $33.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is B&g Production Inc worth?
- About $36.3M, roughly 5.5× its estimated EBITDA of $6.6M, typical for a crude petroleum extraction company its size. Likely range: $19.1M–$49.6M.
- How many employees does B&g Production Inc have?
- About 10, as reported on its PPP loan.
- When was B&g Production Inc founded?
- B&g Production Inc has been in business since 2017.