Contrast Energy, LLC
How we got $49.2M
Based on its 8 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.
Employees over time
▲ 38% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 8 | $26.5M |
| 2023 | Form 5500 | 10 | $33.2M |
| 2024 | Form 5500 | 10 | $33.2M |
| 2025 | Form 5500 | 11 | $36.5M |
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 |
|---|---|---|
| CONTRAST ENERGY, LLC this business | $39.4M | — |
| PATHENON TRADING COMPANY Tulsa · 2 employees | $6.2M | 0.1 mi |
| SAMSON RESOURCES II OPCO, LLC Tulsa · 68 employees | $326.7M | 0.2 mi |
| IRON HAWK ENERGY GROUP JV Tulsa · 1 employees | $3.8M | 0.2 mi |
| NADEL AND GUSSMAN MANAGEMENT LLC Tulsa · 54 employees | $246.7M | 0.2 mi |
| CASILLAS PETROLEUM CORP. Tulsa · 35 employees | $152.3M | 0.2 mi |
| LAWSON PETROLEUM COMPANY Tulsa · 2 employees | $8.8M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $31.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $38.0M |
| Estimate: the two combined (geometric mean) | $39.4M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $8.9M |
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 | $49.2M |
| Multiple for this size and industry | 5.5× |
| Value range | $25.9M – $67.3M |
| Revenue range | $25.9M – $44.9M |
| EBITDA range | $5.9M – $10.2M |
| 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
People & advisors
Advisors
- BankingVast Bank, National AssociationPPP / 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
| Vast Bank, National Association PPP 2020 | All 359 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 | $200K | 8 |
About Contrast Energy, LLC
Contrast Energy, LLC is a crude petroleum extraction company in Tulsa, Oklahoma. Its estimated annual revenue is about $39.4M, with roughly $8.9M of EBITDA. It has about 11 employees. Its estimated business value is $49.2M (likely range $25.9M–$67.3M).
Common questions
- Who owns Contrast Energy, LLC?
- The owner of Contrast Energy, 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 Contrast Energy, LLC make?
- SeeBITDA estimates Contrast Energy, LLC's annual revenue at about $39.4M (likely between $25.9M and $44.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Contrast Energy, LLC worth?
- About $49.2M, roughly 5.5× its estimated EBITDA of $8.9M, typical for a crude petroleum extraction company its size. Likely range: $25.9M–$67.3M.
- How many employees does Contrast Energy, LLC have?
- About 11, from its 2025 retirement-plan filing.