Helmer Oil Corp
How we got $10.2M
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 |
|---|---|---|
| HELMER OIL CORP this business | $8.9M | — |
| JBD OKLAHOMA LLC Pawhuska · 9 employees | $26.1M | 0.4 mi |
| WYATT'S OIL CORPORATION Pawhuska · 6 employees | $16.4M | 0.9 mi |
| RAPTOR RESOURCES, LLC Pawhuska · 3 employees | $8.1M | 8.7 mi |
| MARION GRAHAM Hominy · 1 employees | $4.2M | 16.2 mi |
| DON CLEMISHIRE OIL Hominy · 1 employees | $3.9M | 17.2 mi |
| SHARON SWANSON Bartlesville · 1 employees | $4.5M | 18.6 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) | $7.8M |
| Estimate: the two combined (geometric mean) | $8.9M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.2M |
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 | $10.2M |
| Multiple for this size and industry | 4.7× |
| Value range | $5.4M – $14.0M |
| Revenue range | $5.8M – $10.1M |
| EBITDA range | $1.4M – $2.5M |
| 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
- BankingBlue Sky 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 Roles are as stated there and may be out of date.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
| Blue Sky Bank PPP 2020, PPP 2021 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $41K | 2 |
| 1/29/2021 | second | $25K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Helmer Oil Corp
Helmer Oil Corp is a crude petroleum extraction company in Pawhuska, Oklahoma. It is owned by Mark Helmer. Its estimated annual revenue is about $8.9M, with roughly $2.2M of EBITDA. It has about 2 employees. Its estimated business value is $10.2M (likely range $5.4M–$14.0M).
Common questions
- Who owns Helmer Oil Corp?
- Helmer Oil Corp is owned by Mark Helmer, according to public sources such as the company's website or filings.
- How much revenue does Helmer Oil Corp make?
- SeeBITDA estimates Helmer Oil Corp's annual revenue at about $8.9M (likely between $5.8M and $10.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Helmer Oil Corp worth?
- About $10.2M, roughly 4.7× its estimated EBITDA of $2.2M, typical for a crude petroleum extraction company its size. Likely range: $5.4M–$14.0M.
- How many employees does Helmer Oil Corp have?
- About 2, as reported on its PPP loan.