Davis Oil Inc. LLC
How we got $33.1M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
Davis Oil Inc. is a family-owned, TERO-certified fuel supplier delivering gasoline, diesel, and fluids to businesses, farms, and job sites in Oklahoma and Arkansas.
From the company's website. Industry: Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals).
Customers & suppliers
Suppliers & brands
- Sinclair · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- DRUMMOND CATTLE LLC · Tulsa, 58 mi · $129.5M
- BERRY & BERRY ACQUISITION · Tahlequah, 1 mi · $93.3M
- LIVESAY ORCHARDS · Porter, 33 mi · $35.7M
- GREEN ACRE SOD FARMS, INC · Bixby, 51 mi · $31.0M
- SANDER'S NURSERY & DISBRIBUTION · Broken Arrow, 44 mi · $18.3M
- PERSIMMON RIDGE LLC · Tulsa, 64 mi · $116.9M
- COMMUNITY ACTION PROJECT OF TULSA COUNTY, INC. · Tulsa, 54 mi · $68.9M
- OKLAHOMA WESLEYAN UNIVERSITY, INC · Bartlesville, 77 mi · $32.2M
- HOLLAND HALL · Tulsa, 53 mi · $30.2M
- REJOICE CHRISTIAN SCHOOL · Owasso, 55 mi · $22.8M
- WAREHOUSE MARKET, INC. · Tulsa, 57 mi · $110.6M
- DOCS FOOD STORES, INC. · Bixby, 51 mi · $106.6M
- SOUTH LEWIS SH OPCO, LLC · Tulsa, 56 mi · $70.1M
- THE PEACH BARN, LLC · Porter, 33 mi · $25.8M
- LA UNION DOS, INC · Tulsa, 51 mi · $25.4M
Estimated value over time
▲ 23% 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 |
|---|---|---|
| DAVIS OIL INC. LLC this business | $145.5M | — |
| JIM WOODS MARKETING INC Tahlequah · 4 employees | $63.2M | 1.2 mi |
| QUAD, LLC Tahlequah · 15 employees | $322.6M | 1.2 mi |
| LAFERRY'S LP GAS CO Park Hill · 37 employees | $513.0M | 8.4 mi |
| DOWNING PROPANE & OIL INC Locust Grove · 6 employees | $48.6M | 19.3 mi |
| HUNTER STEEL LLC Muskogee · 2 employees | $36.7M | 22.0 mi |
| TANK & FUEL SOLUTIONS, LLC Claremore · 2 employees | $29.6M | 43.4 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $191.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $84.8M |
| Estimate: the two combined (geometric mean) | $145.5M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $5.3M |
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 | $33.1M |
| Multiple for this size and industry | 6.2× |
| Value range | $17.4M – $45.3M |
| Revenue range | $95.7M – $165.8M |
| EBITDA range | $3.5M – $6.1M |
| Industry (NAICS) | Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720) |
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
“As a family-owned company, we're invested in the success of local farms, schools, and businesses.”
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 | $99K | 10 |
| 2/12/2021 | second | $99K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Davis Oil Inc. LLC
Davis Oil Inc. LLC is a family-owned petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company in Tahlequah, Oklahoma, in business since 1998. Its estimated annual revenue is about $145.5M, with roughly $5.3M of EBITDA. It has about 11 employees. Its estimated business value is $33.1M (likely range $17.4M–$45.3M).
Common questions
- Who owns Davis Oil Inc. LLC?
- The owner of Davis Oil Inc. 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 Davis Oil Inc. LLC make?
- SeeBITDA estimates Davis Oil Inc. LLC's annual revenue at about $145.5M (likely between $95.7M and $165.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Davis Oil Inc. LLC worth?
- About $33.1M, roughly 6.2× its estimated EBITDA of $5.3M, typical for a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company its size. Likely range: $17.4M–$45.3M.
- How many employees does Davis Oil Inc. LLC have?
- About 11, as reported on its PPP loan.
- When was Davis Oil Inc. LLC founded?
- Davis Oil Inc. LLC has been in business since 1998.