Cochran Chemical Company
How we got $15.1M
Based on its 38 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 38% 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
Signs of a sale Some signs of a sale
- In business 67 years (since 1959)
From public records and the company's website, not a statement that it's for sale.
What they do
Cochran Chemical Company, Inc. provides chemical solutions and field support for oil and gas operations, serving the full energy supply chain from upstream operations and midstream infrastructure to disposal wells and wholesale chemical delivery.
From the company's website. Industry: All Other Miscellaneous Chemical Product and Preparation Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 51 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 57 mi · $1.42B
- ADVANTAGE ENERGY SERVICES LLC · Mcalester, 54 mi · $1.19B
- MACH RESOURCES LLC · Oklahoma City, 58 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 52 mi · $711.9M
- LAWSON RETAIL OPERATIONS · Norman, 46 mi · $1.05B
- MCV ENTERPRISES, LLC · Oklahoma City, 56 mi · $1.02B
- IMAGENET CONSULTING LLC · Oklahoma City, 51 mi · $1.01B
- AVP METRO PETROLEUM LLC · Tulsa, 71 mi · $777.3M
- SGII, INC. · Sapulpa, 59 mi · $608.3M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COCHRAN CHEMICAL COMPANY this business | $25.9M | — |
| AGRA LINERS, LLC Shawnee · 22 employees | $13.2M | 19.5 mi |
| WIMASE INTERNATIONAL INC Norman · 15 employees | $6.8M | 44.2 mi |
| CERALUSA, LLC Oklahoma City · 3 employees | $2.3M | 46.5 mi |
| KAVANA ENTERPRISES, INC. Oklahoma City · 30 employees | $16.4M | 47.8 mi |
| ADKO, INC. Oklahoma City · 5 employees | $2.6M | 48.4 mi |
| CROSSROADS CHEMICAL & CONSULTING, LLC Cushing · 3 employees | $1.8M | 51.8 mi |
The full calculation
| Employees reported to the SBA | 38 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.6M |
| Estimate: the two combined (geometric mean) | $25.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $2.7M |
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 | $15.1M |
| Multiple for this size and industry | 5.5× |
| Value range | $7.9M – $20.7M |
| Revenue range | $17.1M – $29.6M |
| EBITDA range | $1.8M – $3.1M |
| Industry (NAICS) | All Other Miscellaneous Chemical Product and Preparation Manufacturing (325998) |
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
“Founded in 1959 in Wewoka, Oklahoma, Cochran Chemical was built on a commitment to dependable chemistry and practical field solutions.”
Advisors
- BankingSecurity State Bank of OklahomaPPP / 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
| Security State Bank of Oklahoma PPP 2020, PPP 2021 | All 154 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $586K | 38 |
| 1/14/2021 | second | $441K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cochran Chemical Company
Cochran Chemical Company is an all other miscellaneous chemical product and preparation manufacturing company in Seminole, Oklahoma, in business since 1959. Its estimated annual revenue is about $25.9M, with roughly $2.7M of EBITDA. It has about 38 employees. Its estimated business value is $15.1M (likely range $7.9M–$20.7M).
Common questions
- Who owns Cochran Chemical Company?
- The owner of Cochran Chemical Company 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 Cochran Chemical Company make?
- SeeBITDA estimates Cochran Chemical Company's annual revenue at about $25.9M (likely between $17.1M and $29.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cochran Chemical Company worth?
- About $15.1M, roughly 5.5× its estimated EBITDA of $2.7M, typical for a all other miscellaneous chemical product and preparation manufacturing company its size. Likely range: $7.9M–$20.7M.
- How many employees does Cochran Chemical Company have?
- About 38, as reported on its PPP loan.
- When was Cochran Chemical Company founded?
- Cochran Chemical Company has been in business since 1959.