C & T Oil Co., Inc.
How we got $688K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| C & T OIL CO., INC. this business | $728K | — |
| SPARTIN WELL SERVICE LLC Hominy · 3 employees | $1.1M | 0.6 mi |
| STEVE CLEMISHIRE OIL CO Hominy · 2 employees | $1.1M | 1.6 mi |
| THE PUMP SHOP, INC Hominy · 2 employees | $1.0M | 1.7 mi |
| EYLER DRILLING, INC. Hominy · 20 employees | $8.2M | 1.8 mi |
| HORTON TOOL CORPORATION Hominy · 8 employees | $3.3M | 1.8 mi |
| REED ENGINE & PUMP REPAIR LLC Hominy · 2 employees | $907K | 1.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $433K |
| Estimate: the two combined (geometric mean) | $728K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $287K |
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 | $688K |
| Multiple for this size and industry | 2.4× |
| Value range | $362K – $941K |
| Revenue range | $479K – $830K |
| EBITDA range | $188K – $327K |
| 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
People & advisors
Advisors
- Banking1st Bank in HominyPPP / 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 Roles are as stated there and may be out of date.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
| 1st Bank in Hominy PPP 2020, PPP 2021 | All 34 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $11K | 2 |
| 1/27/2021 | second | $11K | 2 |
About C & T Oil Co., Inc.
C & T Oil Co., Inc. is an oil & gas company in Hominy, Oklahoma. Its estimated annual revenue is about $728K, with roughly $287K of EBITDA. It has about 2 employees. Its estimated business value is $688K (likely range $362K–$941K).
Common questions
- Who owns C & T Oil Co., Inc.?
- The owner of C & T Oil Co., 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 C & T Oil Co., Inc. make?
- SeeBITDA estimates C & T Oil Co., Inc.'s annual revenue at about $728K (likely between $479K and $830K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is C & T Oil Co., Inc. worth?
- About $688K, roughly 2.4× its estimated EBITDA of $287K, typical for a oil & gas company its size. Likely range: $362K–$941K.
- How many employees does C & T Oil Co., Inc. have?
- About 2, as reported on its PPP loan.