D & C Oil Company LLC
How we got $5.5M
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 23% since 2021Today'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 |
|---|---|---|
| D & C OIL COMPANY LLC this business | $5.2M | — |
| JARED A. HAWN Copan · 4 employees | $18.5M | 1.4 mi |
| BRATCO OPERATING COMPANY Dewey · 15 employees | $47.1M | 4.2 mi |
| KJB OIL COMPANY, LLC Dewey · 2 employees | $9.3M | 4.8 mi |
| GARY HURD OIL CO., INC Bartlesville · 2 employees | $9.3M | 4.8 mi |
| SHARON SWANSON Bartlesville · 1 employees | $4.5M | 8.6 mi |
| ConocoPhillips Bartlesville | $1.1M | 9.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $5.2M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.5M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.9M – $7.5M |
| Revenue range | $3.4M – $5.9M |
| EBITDA range | $951K – $1.6M |
| 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
History & advisors
Advisors
- BankingSolutions North 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 Roles are as stated there and may be out of date.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
| Solutions North Bank PPP 2021 | All 13 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/10/2021 | first | $14K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About D & C Oil Company LLC
D & C Oil Company LLC is a crude petroleum extraction company in Copan, Oklahoma. It is owned by Jeremy Joseph Batchelder. Its estimated annual revenue is about $5.2M, with roughly $1.4M of EBITDA. It has about 2 employees. Its estimated business value is $5.5M (likely range $2.9M–$7.5M).
Common questions
- Who owns D & C Oil Company LLC?
- D & C Oil Company LLC is owned by Jeremy Joseph Batchelder, according to public sources such as the company's website or filings.
- How much revenue does D & C Oil Company LLC make?
- SeeBITDA estimates D & C Oil Company LLC's annual revenue at about $5.2M (likely between $3.4M and $5.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is D & C Oil Company LLC worth?
- About $5.5M, roughly 3.8× its estimated EBITDA of $1.4M, typical for a crude petroleum extraction company its size. Likely range: $2.9M–$7.5M.
- How many employees does D & C Oil Company LLC have?
- About 2, as reported on its PPP loan.