Barnett Oil & Gas Construction, Inc
How we got $4.1M
Based on its 36 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 4% 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
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BARNETT OIL & GAS CONSTRUCTION, INC this business | $11.5M | — |
| Weatherford Mcalester | $5.8M | 0.5 mi |
| HORIZON PIPELINE AND CONSTRUCTION LLC Mcalester · 268 employees | $113.5M | 2.1 mi |
| 1303 SOLUTIONS LLC Mcalester · 1 employees | $752K | 2.2 mi |
| KENNETH BARONE Mcalester · 1 employees | $753K | 2.2 mi |
| MIKE KREBBS CONSTRUCTION INC Quinton · 39 employees | $15.2M | 14.7 mi |
| GENERAL UNDERGROUND CONSTRUCTION, INC. Eufala · 13 employees | $6.2M | 23.3 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.0M |
| Estimate: the two combined (geometric mean) | $11.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.1M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.2M – $5.6M |
| Revenue range | $7.6M – $13.1M |
| EBITDA range | $795K – $1.4M |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
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
- BankingFirst National Bank & Trust Company of McAlesterPPP / 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
| First National Bank & Trust Company of McAlester PPP 2020, PPP 2021 | All 248 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $300K | 36 |
| 1/17/2021 | second | $300K | 36 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Barnett Oil & Gas Construction, Inc
Barnett Oil & Gas Construction, Inc is an oil and gas pipeline and related structures construction company in Mcalester, Oklahoma, in business since 2005. Its estimated annual revenue is about $11.5M, with roughly $1.2M of EBITDA. It has about 36 employees. Its estimated business value is $4.1M (likely range $2.2M–$5.6M).
Common questions
- Who owns Barnett Oil & Gas Construction, Inc?
- The owner of Barnett Oil & Gas Construction, 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 Barnett Oil & Gas Construction, Inc make?
- SeeBITDA estimates Barnett Oil & Gas Construction, Inc's annual revenue at about $11.5M (likely between $7.6M and $13.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Barnett Oil & Gas Construction, Inc worth?
- About $4.1M, roughly 3.4× its estimated EBITDA of $1.2M, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $2.2M–$5.6M.
- How many employees does Barnett Oil & Gas Construction, Inc have?
- About 36, as reported on its PPP loan.
- When was Barnett Oil & Gas Construction, Inc founded?
- Barnett Oil & Gas Construction, Inc has been in business since 2005.