Crawley Petroleum Corporation
How we got $244.8M
Based on 46 employees on its 2024 401(k) filing.
What we know
Signs of a sale High sell likelihood
- In business 54 years (since 1972)
- Founder still runs it after 54 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Crawley Petroleum Corporation is a privately held oil and gas exploration and production company, established in 1972, that operates more than 600 properties in Oklahoma and Texas and holds an economic interest in over 1,600 properties operated by others.
From the company's website. Industry: Natural Gas Extraction.
Estimated value over time
▲ 19% 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
▼ 4% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 48 | $231.3M |
| 2020 | Form 5500 | 42 | $202.4M |
| 2021 | Form 5500 | 41 | $197.6M |
| 2022 | Form 5500 | 49 | $236.1M |
| 2023 | Form 5500 | 47 | $226.5M |
| 2024 | Form 5500 | 46 | $221.7M |
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 |
|---|---|---|
| CRAWLEY PETROLEUM CORPORATION this business | $171.0M | — |
| LANCE RUFFEL OIL & GAS, LLC Oklahoma City · 27 employees | $74.8M | 0.1 mi |
| SANDSTONE ENERGY ACQUISTIONS CORP Oklahoma City · 6 employees | $25.8M | 0.2 mi |
| SANDSTONE ENERGY ACQUISITIONS CORP Oklahoma City · 6 employees | $25.5M | 0.2 mi |
| CARDINAL RIVER ENERGY I LLC Oklahoma City · 6 employees | $23.9M | 0.2 mi |
| BINGER OPERATIONS LLC Oklahoma City · 11 employees | $27.8M | 0.2 mi |
| OGP ENERGY LTD PARTNERSHIP 1 Oklahoma City · 3 employees | $8.8M | 0.2 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $244.8M |
| Multiple for this size and industry | 7.2× |
| Value range | $156.7M – $440.6M |
| Employees in its retirement plan (2024 Form 5500) | 46 |
| Industry revenue per employee | $4.8M |
| Revenue = employees × revenue per employee | $171.0M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $34.0M |
| For comparison: employees reported for PPP (2020) | 48 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $136.8M – $256.5M |
| EBITDA range | $27.2M – $51.0M |
| Industry (NAICS) | Natural Gas Extraction (211130) |
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. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Crawley Petroleum Corporation is a privately-held oil and gas exploration and production company that was formed in 1972.”
Leadership
- SKS. Kim HatfieldChief Executive Officer · Company website · source
- JGJason GarnerVice President · Company website · source
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 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 | $927K | 47 |
| 3/13/2021 | second | $1.0M | 48 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Crawley Petroleum Corporation
Crawley Petroleum Corporation is a natural gas extraction company in Oklahoma City, Oklahoma, in business since 1972. It is owned by Jim Crawley (Founder). Its estimated annual revenue is about $171.0M, with roughly $34.0M of EBITDA. It has about 46 employees. Its estimated business value is $244.8M (likely range $156.7M–$440.6M).
Common questions
- Who owns Crawley Petroleum Corporation?
- Crawley Petroleum Corporation is owned by Jim Crawley (Founder), according to public sources such as the company's website or filings.
- How much revenue does Crawley Petroleum Corporation make?
- SeeBITDA estimates Crawley Petroleum Corporation's annual revenue at about $171.0M (likely between $136.8M and $256.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Crawley Petroleum Corporation worth?
- About $244.8M, roughly 7.2× its estimated EBITDA of $34.0M, typical for a natural gas extraction company its size. Likely range: $156.7M–$440.6M.
- How many employees does Crawley Petroleum Corporation have?
- About 46, from its 2024 retirement-plan filing.
- When was Crawley Petroleum Corporation founded?
- Crawley Petroleum Corporation has been in business since 1972.
- Is Crawley Petroleum Corporation for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 54 years (since 1972); founder still runs it after 54 years; no family successor named on its website.