SeeBITDAOklahoma

Eldridge Propane Service Company

Fuel Dealers
Estimated valueMedium confidence
$616K
$324Klikely range$842K
About 2.4× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$4.9M
a year
EBITDA
$257K
5% of revenue
Employees
8
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $616K

Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.

8 employees × $520K each$4.2M
PPP payroll ÷ payroll's usual share of revenue$4.4M
Shown toward the top of its range×1.14
Revenue$4.9M
× 5% EBITDA margin$257K
× 2.4 sale multiple = value$616K

Own this business? Correct these figures

Estimated value over time

▲ 24% since 2020
$0$354K$708K20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found
Trucking registration (FMCSA)

Signs of a sale Some signs of a sale

  • In business 87 years (since 1939)

From public records and the company's website, not a statement that it's for sale.

What they do

Eldridge Propane Service Company is a locally owned and operated LP gas provider serving Southern and Central Oklahoma since 1939, offering residential and commercial propane, gasoline, diesel and off-road diesel self-service pumps, and oil and propane accessories.

Products & services
Residential and Commercial PropaneGasolineDieselOff-Road Diesel self-service pumpsOil and Propane accessoriesRefined FuelsEquipment Supplies
Markets served
ResidentialCommercial
Service area
Central OklahomaSouth-Central Oklahoma

From the company's website. Industry: Fuel Dealers.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
ELDRIDGE PROPANE SERVICE COMPANY
this business
$4.9M$257K—
Pitmon Oil & Gas
Stratford
$5.2M$272K0.0 mi
CIRCLE A PROPANE, LLC
Roff · 3 employees
$1.4M$87K13.8 mi
Pitmon Oil & Gas
Wynnewood
$5.2M$272K14.4 mi
Pitmon Oil & Gas
Sulphur
$5.0M$563K20.1 mi
Steve's Propane
Bethel Acres
$3.0M$403K33.9 mi
OLG
Seminole
$1.3M$170K34.4 mi

Ranges & sources

Revenue range$3.2M – $5.6M
EBITDA range$169K – $292K
Industry (NAICS)Fuel Dealers (457210)
Value range$324K – $842K

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

Founded 1939
“Eldridge Propane has been proudly serving Southern and Central Oklahoma since 1939.”

Advisors

  • BankingSimmons 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

Simmons Bank
PPP 2020
All 789 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$69K$70K8Simmons Bank

Public records

DOT motor carrier
USDOT 1113469 · hazmat
Trucks (power units)3
Drivers3
Miles (2023)30,000
Registered with DOT2003

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Eldridge Propane Service Company

Eldridge Propane Service Company is a fuel dealers company in Stratford, Oklahoma, in business since 1939. Its estimated annual revenue is about $4.9M, with roughly $257K of EBITDA. It has about 8 employees. Its estimated business value is $616K (likely range $324K–$842K).

Common questions

Who owns Eldridge Propane Service Company?
The owner of Eldridge Propane Service Company 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 Eldridge Propane Service Company make?
SeeBITDA estimates Eldridge Propane Service Company's annual revenue at about $4.9M (likely between $3.2M and $5.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Eldridge Propane Service Company worth?
About $616K, roughly 2.4× its estimated EBITDA of $257K, typical for a fuel dealers company its size. Likely range: $324K–$842K.
How many employees does Eldridge Propane Service Company have?
About 8, as reported on its PPP loan.
When was Eldridge Propane Service Company founded?
Eldridge Propane Service Company has been in business since 1939.