Heller Oil Inc
How we got $6.1M
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HELLER OIL INC this business | $5.8M | — |
| A+ OPERATING LLC Ardmore · 2 employees | $10.0M | 1.1 mi |
| OKLAHOMA PETROLEUM ALLIES LLC Ardmore · 18 employees | $74.5M | 3.4 mi |
| TRIPOWER RESOURCES, LLC Ardmore · 10 employees | $49.5M | 3.5 mi |
| SNS OIL & GAS PROPERTIES LLC Ardmore · 1 employees | $3.7M | 3.5 mi |
| ORR OIL & GAS E&P INC Ardmore · 1 employees | $4.6M | 3.5 mi |
| QUIEN SABE CORPORATION Ardmore · 15 employees | $61.9M | 3.5 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) | $3.3M |
| Estimate: the two combined (geometric mean) | $5.8M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.6M |
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 | $6.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $3.2M – $8.3M |
| Revenue range | $3.8M – $6.6M |
| EBITDA range | $1.0M – $1.8M |
| 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
- 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 Roles are as stated there and may be out of date.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, PPP 2021 | 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 |
|---|---|---|---|
| 4/8/2020 | first | $17K | 2 |
| 1/26/2021 | second | $18K | 2 |
About Heller Oil Inc
Heller Oil Inc is a crude petroleum extraction company in Ardmore, Oklahoma. Its estimated annual revenue is about $5.8M, with roughly $1.6M of EBITDA. It has about 2 employees. Its estimated business value is $6.1M (likely range $3.2M–$8.3M).
Common questions
- Who owns Heller Oil Inc?
- The owner of Heller Oil 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 Heller Oil Inc make?
- SeeBITDA estimates Heller Oil Inc's annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heller Oil Inc worth?
- About $6.1M, roughly 3.8× its estimated EBITDA of $1.6M, typical for a crude petroleum extraction company its size. Likely range: $3.2M–$8.3M.
- How many employees does Heller Oil Inc have?
- About 2, as reported on its PPP loan.