Ford Oil & Gas Inc.
How we got $812K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 4% since 2021Today'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 |
|---|---|---|
| FORD OIL & GAS INC. this business | $1.0M | — |
| ELLIOTT OIL & GAS INC Cookson · 2 employees | $1.1M | 12.1 mi |
| TAYCO FIELD SERVICES LLC Sallisaw · 5 employees | $1.8M | 13.2 mi |
| HIGHFILL CONSULTING LLC Stigler · 2 employees | $939K | 15.3 mi |
| AGAVE ENERGY INC Stigler · 4 employees | $1.4M | 17.2 mi |
| OUTBACK PRODUCTION CO. LLC Stigler · 1 employees | $693K | 17.4 mi |
| B & B GAS WELL SERVICES LLC Keota · 3 employees | $1.3M | 17.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $828K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $338K |
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 | $812K |
| Multiple for this size and industry | 2.4× |
| Value range | $427K – $1.1M |
| Revenue range | $662K – $1.1M |
| EBITDA range | $222K – $386K |
| 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
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/9/2021 | first | $21K | 1 |
| 4/2/2021 | second | $21K | 2 |
About Ford Oil & Gas Inc.
Ford Oil & Gas Inc. is an oil & gas company in Vian, Oklahoma. Its estimated annual revenue is about $1.0M, with roughly $338K of EBITDA. It has about 2 employees. Its estimated business value is $812K (likely range $427K–$1.1M).
Common questions
- Who owns Ford Oil & Gas Inc.?
- The owner of Ford Oil & Gas 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 Ford Oil & Gas Inc. make?
- SeeBITDA estimates Ford Oil & Gas Inc.'s annual revenue at about $1.0M (likely between $662K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ford Oil & Gas Inc. worth?
- About $812K, roughly 2.4× its estimated EBITDA of $338K, typical for a oil & gas company its size. Likely range: $427K–$1.1M.
- How many employees does Ford Oil & Gas Inc. have?
- About 2, as reported on its PPP loan.