Dover Production, LLC
How we got $2.8M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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
▲ 50% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 6 | $2.2M |
| 2020 | Form 5500 | 10 | $3.6M |
| 2025 | Form 5500 | 9 | $3.2M |
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 |
|---|---|---|
| DOVER PRODUCTION, LLC this business | $3.1M | — |
| DERBY MANAGEMENT, LLC Tulsa · 3 employees | $1.2M | 0.0 mi |
| NORTHSTAR ENERGY LLC Tulsa · 5 employees | $2.9M | 0.0 mi |
| East River Energy, Llc Tulsa | $1.5M | 0.0 mi |
| AMERIFIELD INC. Tulsa · 83 employees | $45.8M | 0.0 mi |
| PLX INC. Tulsa · 1 employees | $493K | 0.0 mi |
| Petroflow Energy Corporation Tulsa | $1.5M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.3M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $946K |
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 | $2.8M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $3.9M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $622K – $1.1M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- JHJohn HopkinsSigned for the company · 2020 retirement-plan filing (Form 5500)
Advisors
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 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 | $88K | 6 |
| 2/19/2021 | second | $88K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Dover Production, LLC
Dover Production, LLC is an oil & gas company in Tulsa, Oklahoma. Its estimated annual revenue is about $3.1M, with roughly $946K of EBITDA. It has about 9 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.9M).
Common questions
- Who owns Dover Production, LLC?
- The owner of Dover Production, 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 Dover Production, LLC make?
- SeeBITDA estimates Dover Production, LLC's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Dover Production, LLC worth?
- About $2.8M, roughly 3× its estimated EBITDA of $946K, typical for a oil & gas company its size. Likely range: $1.5M–$3.9M.
- How many employees does Dover Production, LLC have?
- About 9, from its 2025 retirement-plan filing.