Hub Oil & Gas Inc.
How we got $423K
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
▲ 5% 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 |
|---|---|---|
| HUB OIL & GAS INC. this business | $537K | — |
| Total Access Resources Oklahoma City | $1.5M | 0.3 mi |
| ET & C DAVIS GENPAR LLC Nichols Hills · 2 employees | $1.3M | 0.4 mi |
| Flogistix Oklahoma City | $1.5M | 0.4 mi |
| SWC PRODUCTION INC Nichols Hills · 4 employees | $2.2M | 0.4 mi |
| EAGLE DRILLING FLUIDS, L.L.C. Oklahoma City · 7 employees | $3.5M | 0.4 mi |
| EDGE ENERGY MANAGEMENT LLC Oklahoma City · 4 employees | $2.2M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $471K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $471K |
| Estimate: the two combined (geometric mean) | $537K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $211K |
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 | $423K |
| Multiple for this size and industry | 2× |
| Value range | $222K – $578K |
| Revenue range | $353K – $612K |
| EBITDA range | $139K – $241K |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingFirst Bethany Bank & TrustPPP / 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 Roles are as stated there and may be out of date.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 Bethany Bank & Trust PPP 2020, PPP 2021 | All 186 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 | $13K | 1 |
| 1/16/2021 | second | $13K | 1 |
About Hub Oil & Gas Inc.
Hub Oil & Gas Inc. is an oil & gas company in Nichols Hills, Oklahoma. Its estimated annual revenue is about $537K, with roughly $211K of EBITDA. It has about 1 employees. Its estimated business value is $423K (likely range $222K–$578K).
Common questions
- Who owns Hub Oil & Gas Inc.?
- The owner of Hub Oil & Gas 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 Hub Oil & Gas Inc. make?
- SeeBITDA estimates Hub Oil & Gas Inc.'s annual revenue at about $537K (likely between $353K and $612K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hub Oil & Gas Inc. worth?
- About $423K, roughly 2× its estimated EBITDA of $211K, typical for a oil & gas company its size. Likely range: $222K–$578K.
- How many employees does Hub Oil & Gas Inc. have?
- About 1, as reported on its PPP loan.