Hmd Oil Co Inc
How we got $2.9M
Based on its 1 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 |
|---|---|---|
| HMD OIL CO INC this business | $3.0M | — |
| RL INDUSTRY LLC Ardmore · 1 employees | $4.6M | 0.5 mi |
| GRASSLAND ACQUISTIONS LLC Ardmore · 1 employees | $4.3M | 0.7 mi |
| ORR OIL & GAS E&P INC Ardmore · 1 employees | $4.6M | 1.0 mi |
| SNS OIL & GAS PROPERTIES LLC Ardmore · 1 employees | $3.7M | 1.2 mi |
| TRIPOWER RESOURCES, LLC Ardmore · 10 employees | $49.5M | 1.6 mi |
| OKLAHOMA PETROLEUM ALLIES LLC Ardmore · 18 employees | $74.5M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $912K |
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 | $2.9M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.5M – $4.0M |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $600K – $1.0M |
| 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 and Trust Company of ArdmorePPP / 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 Roles are as stated there and may be out of date.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 and Trust Company of Ardmore PPP 2020 | All 457 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 | $9K | 1 |
About Hmd Oil Co Inc
Hmd Oil Co Inc is a crude petroleum extraction company in Ardmore, Oklahoma. Its estimated annual revenue is about $3.0M, with roughly $912K of EBITDA. It has about 1 employees. Its estimated business value is $2.9M (likely range $1.5M–$4.0M).
Common questions
- Who owns Hmd Oil Co Inc?
- The owner of Hmd Oil Co 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 Hmd Oil Co Inc make?
- SeeBITDA estimates Hmd Oil Co Inc's annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hmd Oil Co Inc worth?
- About $2.9M, roughly 3.2× its estimated EBITDA of $912K, typical for a crude petroleum extraction company its size. Likely range: $1.5M–$4.0M.
- How many employees does Hmd Oil Co Inc have?
- About 1, as reported on its PPP loan.