Flint Energy - Def LLC
How we got $16.6M
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FLINT ENERGY - DEF LLC this business | $15.5M | — |
| BLACK ROCK LAND LLC Oklahoma City · 2 employees | $821K | 0.1 mi |
| CYNTHIA TEAGUE Oklahoma City · 1 employees | $586K | 0.1 mi |
| RAINTREE ENERGY LLC Oklahoma City · 5 employees | $2.5M | 0.3 mi |
| SETTCO, INC. Oklahoma City · 3 employees | $1.2M | 0.4 mi |
| TDB, LLC Oklahoma City · 1 employees | $711K | 0.6 mi |
| RAMSEY NICHOLS OPERATING COMPANY, LLC Oklahoma City · 2 employees | $1.1M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.8M |
| Estimate: the two combined (geometric mean) | $15.5M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $3.8M |
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 | $16.6M |
| Multiple for this size and industry | 4.4× |
| Value range | $8.7M – $22.7M |
| Revenue range | $10.2M – $17.6M |
| EBITDA range | $2.5M – $4.3M |
| 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
History & advisors
Advisors
- BankingValor 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 Roles are as stated there and may be out of date.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
| Valor Bank PPP 2020, PPP 2021 | All 81 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $419K | 28 |
| 2/8/2021 | second | $419K | 28 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Flint Energy - Def LLC
Flint Energy - Def LLC is an oil & gas company in Oklahoma City, Oklahoma. It is owned by Kenny Hobgood (Company Officer). Its estimated annual revenue is about $15.5M, with roughly $3.8M of EBITDA. It has about 28 employees. Its estimated business value is $16.6M (likely range $8.7M–$22.7M).
Common questions
- Who owns Flint Energy - Def LLC?
- Flint Energy - Def LLC is owned by Kenny Hobgood (Company Officer), according to public sources such as the company's website or filings.
- How much revenue does Flint Energy - Def LLC make?
- SeeBITDA estimates Flint Energy - Def LLC's annual revenue at about $15.5M (likely between $10.2M and $17.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Flint Energy - Def LLC worth?
- About $16.6M, roughly 4.4× its estimated EBITDA of $3.8M, typical for a oil & gas company its size. Likely range: $8.7M–$22.7M.
- How many employees does Flint Energy - Def LLC have?
- About 28, as reported on its PPP loan.