Cemoil Inc
How we got $96.0M
Based on its 20 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 |
|---|---|---|
| CEMOIL INC this business | $66.0M | — |
| JR DIRECTIONAL SERVICES, LLC Cement · 1 employees | $4.5M | 2.2 mi |
| JOHNNY HARRIS, INC. Chickasha · 2 employees | $6.4M | 3.0 mi |
| J. C. PETROLEUM INC Chickasha · 6 employees | $27.8M | 7.4 mi |
| EPPERSON PETROLEUM PROPERTIES LLC Chickasha · 1 employees | $4.6M | 8.7 mi |
| OUACHITA EXPLORATION, INC. Chickasha · 5 employees | $17.8M | 8.7 mi |
| AM OIL COMPANY INC Cyril · 1 employees | $4.6M | 9.5 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $78.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $42.8M |
| Estimate: the two combined (geometric mean) | $66.0M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $15.0M |
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 | $96.0M |
| Multiple for this size and industry | 6.4× |
| Value range | $50.5M – $131.3M |
| Revenue range | $43.4M – $75.2M |
| EBITDA range | $9.9M – $17.1M |
| 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
Advisors
- BankingArvest 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 Roles are as stated there and may be out of date.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 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $225K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cemoil Inc
Cemoil Inc is a crude petroleum extraction company in Chickasha, Oklahoma. It is owned by EARL PERKINS (Contact). Its estimated annual revenue is about $66.0M, with roughly $15.0M of EBITDA. It has about 20 employees. Its estimated business value is $96.0M (likely range $50.5M–$131.3M).
Common questions
- Who owns Cemoil Inc?
- Cemoil Inc is owned by EARL PERKINS (Contact), according to public sources such as the company's website or filings.
- How much revenue does Cemoil Inc make?
- SeeBITDA estimates Cemoil Inc's annual revenue at about $66.0M (likely between $43.4M and $75.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cemoil Inc worth?
- About $96.0M, roughly 6.4× its estimated EBITDA of $15.0M, typical for a crude petroleum extraction company its size. Likely range: $50.5M–$131.3M.
- How many employees does Cemoil Inc have?
- About 20, as reported on its PPP loan.