Garry Davis Oil, LLC
How we got $19.8M
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
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
▼ 50% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $13.3M |
| 2023 | Form 5500 | 3 | $9.9M |
| 2024 | Form 5500 | 3 | $9.9M |
| 2025 | Form 5500 | 2 | $6.6M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GARRY DAVIS OIL, LLC this business | $18.5M | — |
| DEMCO OIL AND GAS LLC Blackwell · 1 employees | $4.6M | 7.5 mi |
| KEENEY DIRECTIONAL SERVICE LLC Blackwell · 1 employees | $3.2M | 9.5 mi |
| TICKEL OIL & GAS, LLC Blackwell · 1 employees | $3.5M | 10.7 mi |
| TRIVESTCO ENERGY COMPANY Ponca City · 6 employees | $34.5M | 12.5 mi |
| BECKER OIL CORPORATION Ponca City · 5 employees | $21.0M | 12.7 mi |
| PIONEER OIL & GAS, INC Ponca City · 1 employees | $4.6M | 13.7 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $3.3M |
| Revenue = employees × revenue per employee | $18.5M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.2M |
| Cross-check: revenue implied by PPP payroll | $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 | $19.8M |
| Multiple for this size and industry | 4.7× |
| Value range | $9.4M – $28.1M |
| Revenue range | $11.0M – $21.9M |
| EBITDA range | $2.5M – $5.0M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
People & advisors
Advisors
- BankingFirst National Bank of OklahomaPPP / 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
| First National Bank of Oklahoma PPP 2020 | All 405 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 | $20K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Garry Davis Oil, LLC
Garry Davis Oil, LLC is a crude petroleum extraction company in Tonkawa, Oklahoma, in business since 2008. Its estimated annual revenue is about $18.5M, with roughly $4.2M of EBITDA. It has about 2 employees. Its estimated business value is $19.8M (likely range $9.4M–$28.1M).
Common questions
- Who owns Garry Davis Oil, LLC?
- The owner of Garry Davis Oil, 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 Garry Davis Oil, LLC make?
- SeeBITDA estimates Garry Davis Oil, LLC's annual revenue at about $18.5M (likely between $11.0M and $21.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Garry Davis Oil, LLC worth?
- About $19.8M, roughly 4.7× its estimated EBITDA of $4.2M, typical for a crude petroleum extraction company its size. Likely range: $9.4M–$28.1M.
- How many employees does Garry Davis Oil, LLC have?
- About 2, from its 2025 retirement-plan filing.
- When was Garry Davis Oil, LLC founded?
- Garry Davis Oil, LLC has been in business since 2008.