Fox Northeastern Oil and Gas Corporation
How we got $7.4M
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 29% 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 |
|---|---|---|
| FOX NORTHEASTERN OIL AND GAS CORPORATION this business | $7.0M | — |
| MARCO OIL COMPANY LLC Bartlesville · 3 employees | $10.2M | 0.1 mi |
| ConocoPhillips Bartlesville | $1.1M | 1.0 mi |
| BULLSEYE OPERATING LLC Bartlesville · 10 employees | $44.6M | 1.3 mi |
| SKULL CREEK OIL & GAS LLC Bartlesville · 1 employees | $4.6M | 1.5 mi |
| SHARON SWANSON Bartlesville · 1 employees | $4.5M | 2.3 mi |
| DAVID L GREENE II, LLC Bartlesville · 7 employees | $21.5M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $7.0M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.9M |
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 | $7.4M |
| Multiple for this size and industry | 3.8× |
| Value range | $3.9M – $10.1M |
| Revenue range | $4.6M – $8.0M |
| EBITDA range | $1.3M – $2.2M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingAmerican Heritage 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 Roles are as stated there and may be out of date.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
| American Heritage Bank PPP 2020, PPP 2021 | All 446 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 | $25K | 2 |
| 1/26/2021 | second | $27K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Fox Northeastern Oil and Gas Corporation
Fox Northeastern Oil and Gas Corporation is a crude petroleum extraction company in Bartlesville, Oklahoma. It is owned by Jimmy Fox Jr. (Contact). Its estimated annual revenue is about $7.0M, with roughly $1.9M of EBITDA. It has about 2 employees. Its estimated business value is $7.4M (likely range $3.9M–$10.1M).
Common questions
- Who owns Fox Northeastern Oil and Gas Corporation?
- Fox Northeastern Oil and Gas Corporation is owned by Jimmy Fox Jr. (Contact), according to public sources such as the company's website or filings.
- How much revenue does Fox Northeastern Oil and Gas Corporation make?
- SeeBITDA estimates Fox Northeastern Oil and Gas Corporation's annual revenue at about $7.0M (likely between $4.6M and $8.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fox Northeastern Oil and Gas Corporation worth?
- About $7.4M, roughly 3.8× its estimated EBITDA of $1.9M, typical for a crude petroleum extraction company its size. Likely range: $3.9M–$10.1M.
- How many employees does Fox Northeastern Oil and Gas Corporation have?
- About 2, as reported on its PPP loan.