Demco Oil and Gas LLC
How we got $4.9M
Based on its 1 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DEMCO OIL AND GAS LLC this business | $4.6M | — |
| KEENEY DIRECTIONAL SERVICE LLC Blackwell · 1 employees | $3.2M | 2.0 mi |
| TICKEL OIL & GAS, LLC Blackwell · 1 employees | $3.5M | 3.2 mi |
| GARRY DAVIS OIL, LLC Tonkawa · 4 employees | $18.5M | 7.5 mi |
| FORTRESS SPECIALTY SERVICES, INC. Ponca City · 2 employees | $9.2M | 12.8 mi |
| TRIVESTCO ENERGY COMPANY Ponca City · 6 employees | $34.6M | 12.9 mi |
| BECKER OIL CORPORATION Ponca City · 5 employees | $21.0M | 13.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.2M |
| Estimate: the two combined (geometric mean) | $4.6M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.3M |
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 | $4.9M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.6M – $6.7M |
| Revenue range | $3.0M – $5.3M |
| EBITDA range | $842K – $1.5M |
| 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
History & advisors
Advisors
- BankingAlva State Bank & Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| Alva State Bank & Trust Company PPP 2020, PPP 2021 | All 172 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 | $22K | 1 |
| 1/16/2021 | second | $17K | 1 |
About Demco Oil and Gas LLC
Demco Oil and Gas LLC is a crude petroleum extraction company in Blackwell, Oklahoma. Its estimated annual revenue is about $4.6M, with roughly $1.3M of EBITDA. It has about 1 employees. Its estimated business value is $4.9M (likely range $2.6M–$6.7M).
Common questions
- Who owns Demco Oil and Gas LLC?
- The owner of Demco Oil and Gas 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 Demco Oil and Gas LLC make?
- SeeBITDA estimates Demco Oil and Gas LLC's annual revenue at about $4.6M (likely between $3.0M and $5.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Demco Oil and Gas LLC worth?
- About $4.9M, roughly 3.8× its estimated EBITDA of $1.3M, typical for a crude petroleum extraction company its size. Likely range: $2.6M–$6.7M.
- How many employees does Demco Oil and Gas LLC have?
- About 1, as reported on its PPP loan.