Belport Oil Inc
How we got $9.6M
Based on 19 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 9% 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 |
|---|---|---|
| BELPORT OIL INC this business | $7.9M | — |
| KEENER OIL AND GAS COMPANY Tulsa · 6 employees | $3.7M | 0.1 mi |
| Conexus Energy Tulsa | $1.5M | 0.2 mi |
| Corterra Energy, Llc Tulsa | $1.5M | 0.2 mi |
| LYONS & LYONS INC. Tulsa · 3 employees | $1.1M | 0.2 mi |
| PRIMARY FUELS LLC Tulsa · 2 employees | $1.1M | 0.2 mi |
| LOCKE CAPITAL, LLC Tulsa · 3 employees | $2.1M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $7.9M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $2.2M |
| Cross-check: revenue implied by PPP payroll | $816K |
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 | $9.6M |
| Multiple for this size and industry | 4.4× |
| Value range | $4.6M – $13.7M |
| Revenue range | $4.7M – $9.3M |
| EBITDA range | $1.3M – $2.6M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
People & advisors
Advisors
- BankingCommerce 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 Roles are as stated there and may be out of date.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
| Commerce Bank PPP 2020, PPP 2021 | All 113 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 | $25K | 3 |
| 2/19/2021 | second | $25K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Belport Oil Inc
Belport Oil Inc is an oil & gas company in Tulsa, Oklahoma. It is owned by George L Davenport (President). Its estimated annual revenue is about $7.9M, with roughly $2.2M of EBITDA. It has about 19 employees. Its estimated business value is $9.6M (likely range $4.6M–$13.7M).
Common questions
- Who owns Belport Oil Inc?
- Belport Oil Inc is owned by George L Davenport (President), according to public sources such as the company's website or filings.
- How much revenue does Belport Oil Inc make?
- SeeBITDA estimates Belport Oil Inc's annual revenue at about $7.9M (likely between $4.7M and $9.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Belport Oil Inc worth?
- About $9.6M, roughly 4.4× its estimated EBITDA of $2.2M, typical for a oil & gas company its size. Likely range: $4.6M–$13.7M.
- How many employees does Belport Oil Inc have?
- About 19, as reported on its PPP loan.