Bluemark Energy, LLC
How we got $44.8M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Employees over time
▲ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 23 | $30.1M |
| 2020 | Form 5500 | 21 | $27.4M |
| 2021 | Form 5500 | 22 | $28.8M |
| 2022 | Form 5500 | 26 | $34.0M |
| 2023 | Form 5500 | 26 | $34.0M |
| 2024 | Form 5500 | 26 | $34.0M |
| 2025 | Form 5500 | 27 | $35.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BLUEMARK ENERGY, LLC this business | $70.5M | — |
| FRONTIER ENERGY SERVICES, LLC Tulsa | $10.9M | 1.0 mi |
| NGL ENERGY HOLDINGS, LLC Tulsa | $890.8M | 2.0 mi |
| TIGER NATURAL GAS, INC. Tulsa · 44 employees | $158.5M | 3.2 mi |
| DEISENROTH GAS PRODUCTS, INC Tulsa · 5 employees | $5.8M | 3.7 mi |
| SHIPROCK MIDSTREAM LLC DBA WHIPTAIL MIDSTREAM Tulsa | $63.7M | 4.6 mi |
| SCFM COMPRESSION SYSTEMS, INC. Tulsa | $6.5M | 8.4 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $71.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $53.7M |
| Estimate: the two combined (geometric mean) | $70.5M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $6.9M |
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 | $44.8M |
| Multiple for this size and industry | 6.5× |
| Value range | $23.6M – $61.3M |
| Revenue range | $46.4M – $80.4M |
| EBITDA range | $4.5M – $7.9M |
| Industry (NAICS) | Natural Gas Distribution (221210) |
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
- BankingMabrey 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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $340K | 21 |
| 2/23/2021 | second | $363K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bluemark Energy, LLC
Bluemark Energy, LLC is a natural gas distribution company in Tulsa, Oklahoma, in business since 2015. Its estimated annual revenue is about $70.5M, with roughly $6.9M of EBITDA. It has about 27 employees. Its estimated business value is $44.8M (likely range $23.6M–$61.3M).
Common questions
- Who owns Bluemark Energy, LLC?
- The owner of Bluemark Energy, LLC 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 Bluemark Energy, LLC make?
- SeeBITDA estimates Bluemark Energy, LLC's annual revenue at about $70.5M (likely between $46.4M and $80.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bluemark Energy, LLC worth?
- About $44.8M, roughly 6.5× its estimated EBITDA of $6.9M, typical for a natural gas distribution company its size. Likely range: $23.6M–$61.3M.
- How many employees does Bluemark Energy, LLC have?
- About 27, from its 2025 retirement-plan filing.
- When was Bluemark Energy, LLC founded?
- Bluemark Energy, LLC has been in business since 2015.