SeeBITDAOklahoma

Echo Energy, LLC

  • 120 Robert S Kerr Ave, Suite 701, Oklahoma City, OK
  • 2 locations
Estimated valueMedium confidence
$44.5M
$23.4Mlikely range$60.8M
About 5.2× its yearly profit, typical for a company this size in its industry.
Revenue
$37.6M
a year
Profit (EBITDA)
$8.6M
23% of revenue
Employees
57
reported in 2020
M Christian Kanady
CEO · source

How we got $44.5M

Based on its 57 employees and its payroll, both reported for PPP in 2020 and brought up to date.

57 employees × $444K each$25.3M
PPP payroll ÷ payroll's usual share of revenue$43.0M
Shown toward the top of its range×1.14
Revenue$37.6M
× 23% profit margin$8.6M
× 5.2 sale multiple = value$44.5M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner named
2 locations found

Estimated value over time

▲ 9% since 2020
$0$25.6M$51.1M20202026

Today'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

BusinessEst. revenueEst. profitDistance
ECHO ENERGY, LLC
this business
$37.6M$8.6M—
Commercial Solar
Oklahoma City
$1.5M$499K0.1 mi
GUNGOLL OIL PARTNERSHIP
Oklahoma City · 1 employees
$359K$141K0.1 mi
Northwest Royalty, Llc
Oklahoma City
$1.5M$499K0.1 mi
RIVER ROCK OPERATING COMPANY
Oklahoma City · 35 employees
$19.7M$4.5M0.1 mi
NEEDHAM ENERGY LAND SERVICES LLC
Oklahoma City · 18 employees
$9.7M$2.4M0.1 mi
ROYAL LEE ENERGY SERVICES , LLC
Oklahoma City · 1 employees
$560K$220K0.1 mi

The full calculation

Employees reported to the SBA57
Revenue from headcount (employees × revenue per employee for companies this size)$25.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$43.0M
Estimate: the two combined (geometric mean)$37.6M
EBITDA margin (industry, adjusted for size)23%
EBITDA = revenue × margin$8.6M

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$44.5M
Multiple for this size and industry5.2×
Value range$23.4M – $60.8M
Revenue range$24.8M – $42.9M
EBITDA range$5.6M – $9.7M
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

Advisors

  • BankingMidFirst 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

MidFirst Bank
PPP 2020
All 2,403 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/9/2020first$1.2M$1.2M57MidFirst Bank

2 locations

120 Robert S Kerr Ave, Suite 701Oklahoma CityThis listing
3817 NW ExpresswayOklahoma CityView

Revenue, profit and value are for the whole company.

About Echo Energy, LLC

Echo Energy, LLC is an oil & gas company in Oklahoma City, Oklahoma. It is owned by M Christian Kanady (CEO). Its estimated annual revenue is about $37.6M, with roughly $8.6M of EBITDA. It has about 57 employees. Its estimated business value is $44.5M (likely range $23.4M–$60.8M). It has 2 locations.

Common questions

Who owns Echo Energy, LLC?
Echo Energy, LLC is owned by M Christian Kanady (CEO), according to public sources such as the company's website or filings.
How much revenue does Echo Energy, LLC make?
SeeBITDA estimates Echo Energy, LLC's annual revenue at about $37.6M (likely between $24.8M and $42.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Echo Energy, LLC worth?
About $44.5M, roughly 5.2× its estimated EBITDA of $8.6M, typical for a oil & gas company its size. Likely range: $23.4M–$60.8M.
How many employees does Echo Energy, LLC have?
About 57, as reported on its PPP loan.