Bk Exploration Corporation
How we got $856K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 1% since 2021Today'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 |
|---|---|---|
| BK EXPLORATION CORPORATION this business | $1.1M | — |
| HENDERSON OIL LLC Owasso · 3 employees | $1.2M | 2.0 mi |
| ROBINSON OILFIELD SERVICES Collinsville · 1 employees | $401K | 2.5 mi |
| TORTUGA OILS LLC Owasso · 1 employees | $621K | 3.9 mi |
| TOTAL PRODUCT SERVICES, LLC Owasso · 8 employees | $4.2M | 4.8 mi |
| C K INSPECTION CO INC Owasso · 9 employees | $2.9M | 5.1 mi |
| CK INSPECTION CO., INC Owasso · 8 employees | $3.1M | 5.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $614K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $357K |
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 | $856K |
| Multiple for this size and industry | 2.4× |
| Value range | $450K – $1.2M |
| Revenue range | $698K – $1.2M |
| EBITDA range | $235K – $407K |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/23/2021 | second | $16K | 3 |
About Bk Exploration Corporation
Bk Exploration Corporation is an oil & gas company in Owasso, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $357K of EBITDA. It has about 3 employees. Its estimated business value is $856K (likely range $450K–$1.2M).
Common questions
- Who owns Bk Exploration Corporation?
- The owner of Bk Exploration Corporation 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 Bk Exploration Corporation make?
- SeeBITDA estimates Bk Exploration Corporation's annual revenue at about $1.1M (likely between $698K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bk Exploration Corporation worth?
- About $856K, roughly 2.4× its estimated EBITDA of $357K, typical for a oil & gas company its size. Likely range: $450K–$1.2M.
- How many employees does Bk Exploration Corporation have?
- About 3, as reported on its PPP loan.