Gore Nitrogen Pumping Service, LLC
- Tony GoreSigns company filings · Form 5500 (2021)
How we got $130.3M
Based on its 154 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.
Employees over time
▲ 434% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 154 | $55.5M |
| 2020 | Form 5500 | 205 | $73.9M |
| 2021 | Form 5500 | 268 | $96.7M |
| 2022 | Form 5500 | 456 | $164.5M |
| 2023 | Form 5500 | 605 | $218.2M |
| 2024 | Form 5500 | 629 | $226.9M |
| 2025 | Form 5500 | 823 | $296.8M |
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.
What they do
Gore Energy specializes in acidizing, hydraulic fracturing and nitrogen services for industrial, pipeline and oil field work, primarily in the mid-continental area.
From the company's website. Industry: Oil & gas.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GORE NITROGEN PUMPING SERVICE, LLC this business | $109.2M | — |
| RIVERRAT OILFIELD SERVICES, LLC Mutual · 15 employees | $6.3M | 4.9 mi |
| WHETSTONE CONSULTING COMPANY Chester · 4 employees | $2.2M | 5.9 mi |
| RED DIRT WELL TESTING Mutual · 1 employees | $711K | 9.5 mi |
| JANOW CONSULTING LLC Fairview · 2 employees | $1.1M | 10.3 mi |
| KJB SERVICES LLC Taloga · 1 employees | $825K | 12.5 mi |
| BAIRD FORKLIFT & TRUCKING LLC Canton · 2 employees | $1.3M | 15.9 mi |
The full calculation
| Employees reported to the SBA | 154 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $85.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $107.6M |
| Estimate: the two combined (geometric mean) | $109.2M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $21.7M |
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 | $130.3M |
| Multiple for this size and industry | 6× |
| Value range | $68.6M – $178.3M |
| Revenue range | $71.9M – $124.6M |
| EBITDA range | $14.3M – $24.8M |
| 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
- AccountingConklin, Gilpin & Wertz, PLLCAudits its 401(k) plan (2025 filing)
- BankingInterstate 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
| Interstate Bank PPP 2020, PPP 2021 | All 4 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $2.9M | 154 |
| 3/13/2021 | second | $2.0M | 154 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gore Nitrogen Pumping Service, LLC
Gore Nitrogen Pumping Service, LLC is an oil & gas company in Seiling, Oklahoma, in business since 2001. It is owned by Gary Gore. Its estimated annual revenue is about $109.2M, with roughly $21.7M of EBITDA. It has about 823 employees. Its estimated business value is $130.3M (likely range $68.6M–$178.3M).
Common questions
- Who owns Gore Nitrogen Pumping Service, LLC?
- Gore Nitrogen Pumping Service, LLC is owned by Gary Gore, according to public sources such as the company's website or filings.
- How much revenue does Gore Nitrogen Pumping Service, LLC make?
- SeeBITDA estimates Gore Nitrogen Pumping Service, LLC's annual revenue at about $109.2M (likely between $71.9M and $124.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gore Nitrogen Pumping Service, LLC worth?
- About $130.3M, roughly 6× its estimated EBITDA of $21.7M, typical for a oil & gas company its size. Likely range: $68.6M–$178.3M.
- How many employees does Gore Nitrogen Pumping Service, LLC have?
- About 823, from its 2025 retirement-plan filing.
- When was Gore Nitrogen Pumping Service, LLC founded?
- Gore Nitrogen Pumping Service, LLC has been in business since 2001.