Chance Oil Company Inc
How we got $336K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CHANCE OIL COMPANY INC this business | $427K | — |
| ELMORE SUPPLY COMPANY, LLC Emore City · 1 employees | $557K | 4.3 mi |
| RD TANK SERVICES, LLC Pauls Valley · 5 employees | $2.1M | 4.8 mi |
| CARDINAL ENERGY INC Pauls Valley · 1 employees | $349K | 5.9 mi |
| SOUTHERN WELLHEAD INC. Elmore City · 1 employees | $342K | 6.1 mi |
| BAJA SERVICES, LLC Pauls Valley · 1 employees | $471K | 7.6 mi |
| BLACKHAWK WIRELINE SERVICES, INC. Pauls Valley · 5 employees | $2.4M | 7.7 mi |
Ranges & sources
| Revenue range | $281K – $487K |
| EBITDA range | $111K – $192K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
| Value range | $177K – $460K |
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
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $8K | 1 |
About Chance Oil Company Inc
Chance Oil Company Inc is an oil & gas company in Elmore City, Oklahoma. Its estimated annual revenue is about $427K, with roughly $168K of EBITDA. It has about 1 employees. Its estimated business value is $336K (likely range $177K–$460K).
Common questions
- Who owns Chance Oil Company Inc?
- The owner of Chance Oil Company 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 Chance Oil Company Inc make?
- SeeBITDA estimates Chance Oil Company Inc's annual revenue at about $427K (likely between $281K and $487K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Chance Oil Company Inc worth?
- About $336K, roughly 2× its estimated EBITDA of $168K, typical for a oil & gas company its size. Likely range: $177K–$460K.
- How many employees does Chance Oil Company Inc have?
- About 1, as reported on its PPP loan.