Frisco Energy LLC
How we got $20.3M
Based on its 4 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.
Employees over time
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $13.3M |
| 2020 | Form 5500 | 4 | $13.3M |
| 2022 | Form 5500 | 4 | $13.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FRISCO ENERGY LLC this business | $19.0M | — |
| OEX-1, LLC Tulsa · 13 employees | $58.7M | 1.0 mi |
| ORION EXPLORATION, LLC Tulsa · 8 employees | $39.1M | 1.0 mi |
| SROY FAMILY LLP Tulsa · 1 employees | $4.6M | 1.8 mi |
| LEGACY PETROLEUM, LLC Tulsa · 1 employees | $5.5M | 1.9 mi |
| TRIPLE CROWN ENERGY LLC Tulsa · 20 employees | $102.9M | 1.9 mi |
| Empire Petroleum Corporation Tulsa | $34.2M | 1.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.7M |
| Estimate: the two combined (geometric mean) | $19.0M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.3M |
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 | $20.3M |
| Multiple for this size and industry | 4.7× |
| Value range | $10.7M – $27.8M |
| Revenue range | $12.5M – $21.7M |
| EBITDA range | $2.8M – $4.9M |
| 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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $93K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Frisco Energy LLC
Frisco Energy LLC is a crude petroleum extraction company in Tulsa, Oklahoma, in business since 2001. Its estimated annual revenue is about $19.0M, with roughly $4.3M of EBITDA. It has about 4 employees. Its estimated business value is $20.3M (likely range $10.7M–$27.8M).
Common questions
- Who owns Frisco Energy LLC?
- The owner of Frisco Energy LLC 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 Frisco Energy LLC make?
- SeeBITDA estimates Frisco Energy LLC's annual revenue at about $19.0M (likely between $12.5M and $21.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Frisco Energy LLC worth?
- About $20.3M, roughly 4.7× its estimated EBITDA of $4.3M, typical for a crude petroleum extraction company its size. Likely range: $10.7M–$27.8M.
- How many employees does Frisco Energy LLC have?
- About 4, from its 2022 retirement-plan filing.
- When was Frisco Energy LLC founded?
- Frisco Energy LLC has been in business since 2001.