- Steven WilliamsSigns company filings · Form 5500 (2025)
How we got $49.7M
Based on its 82 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
From the company's website. Industry: Oil & gas.
Estimated value over time
▲ 5% 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
▼ 18% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 82 | $27.0M |
| 2020 | Form 5500 | 77 | $25.4M |
| 2021 | Form 5500 | 73 | $24.1M |
| 2022 | Form 5500 | 69 | $22.7M |
| 2023 | Form 5500 | 73 | $24.1M |
| 2024 | Form 5500 | 75 | $24.7M |
| 2025 | Form 5500 | 67 | $22.1M |
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 |
|---|---|---|
| BRG ENERGY INC this business | $42.1M | — |
| FIELDPOINT ENERGY SERVICES, LLC Tulsa · 41 employees | $20.0M | 0.0 mi |
| KAHAN & ASSOCIATES, INC Tulsa · 23 employees | $12.0M | 0.0 mi |
| Saulsbury Tulsa | $1.5M | 0.0 mi |
| ESPERANZA RESOURCES CORP Tulsa · 2 employees | $1.1M | 0.2 mi |
| C. E. HARMON OIL INC Tulsa · 8 employees | $4.7M | 0.5 mi |
| Saddleback Exploration Tulsa | $1.5M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 82 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $32.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $42.2M |
| Estimate: the two combined (geometric mean) | $42.1M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $9.6M |
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 | $49.7M |
| Multiple for this size and industry | 5.2× |
| Value range | $26.2M – $68.0M |
| Revenue range | $27.7M – $48.0M |
| EBITDA range | $6.3M – $10.9M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingBOKF, 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $1.5M | 82 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Brg Energy Inc
Brg Energy Inc is an oil & gas company in Tulsa, Oklahoma, in business since 1998. Its estimated annual revenue is about $42.1M, with roughly $9.6M of EBITDA. It has about 67 employees. Its estimated business value is $49.7M (likely range $26.2M–$68.0M).
Common questions
- Who owns Brg Energy Inc?
- The owner of Brg Energy 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 Brg Energy Inc make?
- SeeBITDA estimates Brg Energy Inc's annual revenue at about $42.1M (likely between $27.7M and $48.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Brg Energy Inc worth?
- About $49.7M, roughly 5.2× its estimated EBITDA of $9.6M, typical for a oil & gas company its size. Likely range: $26.2M–$68.0M.
- How many employees does Brg Energy Inc have?
- About 67, from its 2025 retirement-plan filing.
- When was Brg Energy Inc founded?
- Brg Energy Inc has been in business since 1998.