Bkg Industries LLC
How we got $213.5M
Based on its 43 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 25% 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 |
|---|---|---|
| BKG INDUSTRIES LLC this business | $149.2M | — |
| BKG INDUSTRIES, LLC Stigler · 92 employees | $225.2M | 6.6 mi |
| MOBLEY ENERGY SERVICES Stigler · 1 employees | $2.4M | 7.4 mi |
| BEAR PRODUCTIONS, INC Kinta · 14 employees | $26.0M | 9.0 mi |
| GARY CONTRACT PUMPING AND CATTLE INC Stigler · 1 employees | $3.9M | 10.7 mi |
| CLARK OILFIELD CONSULTING, LLC Keota · 1 employees | $2.6M | 21.4 mi |
| JOSEPH WATT LLC Poteau · 1 employees | $3.1M | 35.7 mi |
The full calculation
| Employees reported to the SBA | 43 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $168.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $131.8M |
| Estimate: the two combined (geometric mean) | $149.2M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $29.7M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 6% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $213.5M |
| Multiple for this size and industry | 7.2× |
| Value range | $128.1M – $333.1M |
| Revenue range | $111.9M – $193.9M |
| EBITDA range | $22.2M – $38.6M |
| Industry (NAICS) | Natural Gas Extraction (211130) |
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
- BankingArvest Bank, Newtek Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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 → |
| Newtek Bank, National Association 7(a) 2024, 7(a) 2025 | All 30 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/22/2021 | second | $707K | 43 |
Public records
| Oct 2024 | 7(a) | $4.0M |
| Sep 2024 | 7(a) | $4.0M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bkg Industries LLC
Bkg Industries LLC is a natural gas extraction company in Whitefield, Oklahoma, in business since 2016. It is owned by Barry Don Hamlin. Its estimated annual revenue is about $149.2M, with roughly $29.7M of EBITDA. It has about 43 employees. Its estimated business value is $213.5M (likely range $128.1M–$333.1M).
Common questions
- Who owns Bkg Industries LLC?
- Bkg Industries LLC is owned by Barry Don Hamlin, according to public sources such as the company's website or filings.
- How much revenue does Bkg Industries LLC make?
- SeeBITDA estimates Bkg Industries LLC's annual revenue at about $149.2M (likely between $111.9M and $193.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bkg Industries LLC worth?
- About $213.5M, roughly 7.2× its estimated EBITDA of $29.7M, typical for a natural gas extraction company its size. Likely range: $128.1M–$333.1M.
- How many employees does Bkg Industries LLC have?
- About 43, as reported on its PPP loan.
- When was Bkg Industries LLC founded?
- Bkg Industries LLC has been in business since 2016.