Crown Energy Company
How we got $699.1M
Based on 139 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Likely to sell
- In business 25 years (since 2001)
- Founder still runs it after 25 years
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| CROWN ENERGY COMPANY this business | $476.0M | — |
| SPARTACUS, LLC Oklahoma City · 1 employees | $3.7M | 0.6 mi |
| TERRA RESOURCES LLC Oklahoma City · 3 employees | $11.8M | 0.8 mi |
| NORTH BY NORTHWEST LLC Oklahoma City · 2 employees | $4.5M | 0.9 mi |
| LATITUDE LAND, LLC Oklahoma City · 2 employees | $4.4M | 1.0 mi |
| WESTERN OIL AND GAS DEVELOPMENT CORP. Oklahoma City · 9 employees | $21.3M | 1.1 mi |
| CAMBRIA ENERGY, LLC Oklahoma City · 2 employees | $5.3M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 139 |
| Industry revenue per employee | $3.3M |
| Revenue = employees × revenue per employee | $476.0M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $97.1M |
| Cross-check: revenue implied by PPP payroll | $54.1M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 4% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $699.1M |
| Multiple for this size and industry | 7.2× |
| Value range | $391.5M – $1.17B |
| Revenue range | $333.2M – $666.4M |
| EBITDA range | $68.0M – $135.9M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Leadership
- SSS. S.Chief Financial Officer · From a web search · source
- TCT. C.Chief Accounting Officer · From a web search · source
Advisors
- BankingInternational Bank of CommercePPP / 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
| International Bank of Commerce PPP 2020, PPP 2021 | All 442 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 | $348K | 19 |
| 2/10/2021 | second | $348K | 139 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Crown Energy Company
Crown Energy Company is a crude petroleum extraction company in Oklahoma City, Oklahoma, in business since 2001. It is owned by Randall Holleyman (Founder, CEO). Its estimated annual revenue is about $476.0M, with roughly $97.1M of EBITDA. It has about 139 employees. Its estimated business value is $699.1M (likely range $391.5M–$1.17B).
Common questions
- Who owns Crown Energy Company?
- Crown Energy Company is owned by Randall Holleyman (Founder, CEO), according to public sources such as the company's website or filings.
- How much revenue does Crown Energy Company make?
- SeeBITDA estimates Crown Energy Company's annual revenue at about $476.0M (likely between $333.2M and $666.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Crown Energy Company worth?
- About $699.1M, roughly 7.2× its estimated EBITDA of $97.1M, typical for a crude petroleum extraction company its size. Likely range: $391.5M–$1.17B.
- How many employees does Crown Energy Company have?
- About 139, as reported on its PPP loan.
- When was Crown Energy Company founded?
- Crown Energy Company has been in business since 2001.
- Is Crown Energy Company for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 25 years (since 2001); founder still runs it after 25 years.