Castelli Exploration, Inc.
How we got $3.9M
Based on its 1 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CASTELLI EXPLORATION, INC. this business | $3.4M | — |
| EXPRESS OIL & GAS LLC Oklahoma City · 2 employees | $9.0M | 1.0 mi |
| PATRIOT E&P, LLC Oklahoma City · 2 employees | $11.0M | 1.1 mi |
| PETROLEUM MINERALS LAND SERVICES LLC Oklahoma City · 1 employees | $3.7M | 1.4 mi |
| MITCHELL TIEHEN Oklahoma City · 1 employees | $4.6M | 1.4 mi |
| BLUEBONNET OIL LLC Oklahoma City · 2 employees | $6.6M | 1.5 mi |
| B AND B PRODUCERS LTD CO Oklahoma City · 2 employees | $11.5M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $3.4M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $1.0M |
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 | $3.9M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.1M – $5.3M |
| Revenue range | $2.2M – $3.9M |
| EBITDA range | $676K – $1.2M |
| 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
History & advisors
Advisors
- BankingBOKF, National Association, Arvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2021 | All 5,114 borrowers → |
| 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 |
|---|---|---|---|
| 4/14/2020 | first | $12K | 1 |
| 4/23/2021 | second | $16K | 1 |
About Castelli Exploration, Inc.
Castelli Exploration, Inc. is a crude petroleum extraction company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $3.4M, with roughly $1.0M of EBITDA. It has about 1 employees. Its estimated business value is $3.9M (likely range $2.1M–$5.3M).
Common questions
- Who owns Castelli Exploration, Inc.?
- The owner of Castelli Exploration, 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 Castelli Exploration, Inc. make?
- SeeBITDA estimates Castelli Exploration, Inc.'s annual revenue at about $3.4M (likely between $2.2M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Castelli Exploration, Inc. worth?
- About $3.9M, roughly 3.8× its estimated EBITDA of $1.0M, typical for a crude petroleum extraction company its size. Likely range: $2.1M–$5.3M.
- How many employees does Castelli Exploration, Inc. have?
- About 1, as reported on its PPP loan.