Earl Oil, Inc.
How we got $298K
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
▲ 5% 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 |
|---|---|---|
| EARL OIL, INC. this business | $378K | — |
| Bounty Transfer, Llc Stillwater | $1.5M | 0.3 mi |
| TERRITORY RESOURCES, LLC Stillwater · 43 employees | $22.2M | 0.3 mi |
| B D B LLC Stillwater · 3 employees | $1.3M | 0.5 mi |
| BEDLAM OILFIELD SERVICES LLC Stillwater · 4 employees | $1.9M | 1.1 mi |
| IKE ENERGY, LLC Stillwater · 1 employees | $711K | 1.2 mi |
| OPTIMAL PIPELINE SOLUTIONS, L.L.C. Stillwater | $3.3M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $471K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $233K |
| Estimate: the two combined (geometric mean) | $378K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $149K |
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 | $298K |
| Multiple for this size and industry | 2× |
| Value range | $157K – $407K |
| Revenue range | $249K – $431K |
| EBITDA range | $98K – $170K |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
Advisors
- BankingFirst National Bank & Trust Company of McAlesterPPP / 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 Roles are as stated there and may be out of date.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
| First National Bank & Trust Company of McAlester PPP 2020 | All 248 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 | $6K | 1 |
About Earl Oil, Inc.
Earl Oil, Inc. is an oil & gas company in Stillwater, Oklahoma. Its estimated annual revenue is about $378K, with roughly $149K of EBITDA. It has about 1 employees. Its estimated business value is $298K (likely range $157K–$407K).
Common questions
- Who owns Earl Oil, Inc.?
- The owner of Earl Oil, Inc. 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 Earl Oil, Inc. make?
- SeeBITDA estimates Earl Oil, Inc.'s annual revenue at about $378K (likely between $249K and $431K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Earl Oil, Inc. worth?
- About $298K, roughly 2× its estimated EBITDA of $149K, typical for a oil & gas company its size. Likely range: $157K–$407K.
- How many employees does Earl Oil, Inc. have?
- About 1, as reported on its PPP loan.