Canyon Creek Energy Operating, LLC
How we got $92.3M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 36% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
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
▼ 31% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 13 | $43.1M |
| 2020 | Form 5500 | 11 | $36.5M |
| 2021 | Form 5500 | 11 | $36.5M |
| 2022 | Form 5500 | 14 | $46.4M |
| 2023 | Form 5500 | 11 | $36.5M |
| 2024 | Form 5500 | 9 | $29.8M |
| 2025 | Form 5500 | 9 | $29.8M |
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 |
|---|---|---|
| CANYON CREEK ENERGY OPERATING, LLC this business | $63.4M | — |
| MID-CON ENERGY OPERATING, LLC Tulsa · 101 employees | $467.6M | 0.1 mi |
| GOODROCK NATURAL RESOURCES LLC Tulsa · 6 employees | $24.4M | 0.6 mi |
| AMERICAN OILFIELD BEARING LLC Tulsa · 5 employees | $23.2M | 1.0 mi |
| G.R.B. RESOURCES, INC. Tulsa · 3 employees | $9.0M | 1.1 mi |
| OAKLAND PETROLEUM OPERATING COMPANY, INC Tulsa · 22 employees | $66.4M | 1.1 mi |
| PARSAGE OIL COMPANY LLC Tulsa · 4 employees | $14.7M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $50.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $60.8M |
| Estimate: the two combined (geometric mean) | $63.4M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $14.4M |
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 | $92.3M |
| Multiple for this size and industry | 6.4× |
| Value range | $48.5M – $126.2M |
| Revenue range | $41.7M – $72.3M |
| EBITDA range | $9.5M – $16.4M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
Leadership
- LELuke EssmanSigned for the company · 2022 retirement-plan filing (Form 5500)
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 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $320K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Canyon Creek Energy Operating, LLC
Canyon Creek Energy Operating, LLC is a crude petroleum extraction company in Tulsa, Oklahoma. Its estimated annual revenue is about $63.4M, with roughly $14.4M of EBITDA. It has about 9 employees. Its estimated business value is $92.3M (likely range $48.5M–$126.2M).
Common questions
- Who owns Canyon Creek Energy Operating, LLC?
- The owner of Canyon Creek Energy Operating, 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 Canyon Creek Energy Operating, LLC make?
- SeeBITDA estimates Canyon Creek Energy Operating, LLC's annual revenue at about $63.4M (likely between $41.7M and $72.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Canyon Creek Energy Operating, LLC worth?
- About $92.3M, roughly 6.4× its estimated EBITDA of $14.4M, typical for a crude petroleum extraction company its size. Likely range: $48.5M–$126.2M.
- How many employees does Canyon Creek Energy Operating, LLC have?
- About 9, from its 2025 retirement-plan filing.