Baytide Petroleum Inc
How we got $67.4M
Based on 10 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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
Signs of a sale Some signs of a sale
- In business 51 years (since 1975)
From public records and the company's website, not a statement that it's for sale.
What they do
Baytide Petroleum, Inc. is an oil and gas exploration and production company established in 1975, based in Tulsa, Oklahoma, holding operated and non-operated wells in several states.
From the company's website. Industry: Crude Petroleum Extraction.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BAYTIDE PETROLEUM INC this business | $46.4M | — |
| DE VENTURES ENTERPRISE CORP Tusla · 1 employees | $5.6M | 2.3 mi |
| ABUNDANCE ENERGY SERVICES, LLC Tulsa | $236.8M | 3.5 mi |
| MAP EXPLORATION, INC. Tulsa · 2 employees | $11.6M | 3.6 mi |
| CULBREATH OIL & GAS CO INC Tulsa · 7 employees | $32.0M | 3.6 mi |
| MUIRFIELD RESOURCES COMPANY Tulsa · 13 employees | $49.4M | 3.6 mi |
| ARKOMA OPERATIONS, LLC Tulsa | $18.2M | 3.7 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Industry revenue per employee | $3.3M |
| Revenue = employees × revenue per employee | $46.4M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $10.5M |
| Cross-check: revenue implied by PPP payroll | $12.7M |
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 | $67.4M |
| Multiple for this size and industry | 6.4× |
| Value range | $31.9M – $95.7M |
| Revenue range | $27.4M – $54.9M |
| EBITDA range | $6.2M – $12.5M |
| 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
“Baytide Petroleum, Inc. is a trusted leader in oil and gas exploration and production, established in 1975.”
Advisors
- BankingProsperity BankPPP / 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
| Prosperity Bank PPP 2020, PPP 2021 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $67K | 10 |
| 1/30/2021 | second | $58K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Baytide Petroleum Inc
Baytide Petroleum Inc is a crude petroleum extraction company in Tulsa, Oklahoma, in business since 1975. Its estimated annual revenue is about $46.4M, with roughly $10.5M of EBITDA. It has about 10 employees. Its estimated business value is $67.4M (likely range $31.9M–$95.7M).
Common questions
- Who owns Baytide Petroleum Inc?
- The owner of Baytide Petroleum 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 Baytide Petroleum Inc make?
- SeeBITDA estimates Baytide Petroleum Inc's annual revenue at about $46.4M (likely between $27.4M and $54.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Baytide Petroleum Inc worth?
- About $67.4M, roughly 6.4× its estimated EBITDA of $10.5M, typical for a crude petroleum extraction company its size. Likely range: $31.9M–$95.7M.
- How many employees does Baytide Petroleum Inc have?
- About 10, as reported on its PPP loan.
- When was Baytide Petroleum Inc founded?
- Baytide Petroleum Inc has been in business since 1975.