Jack Exploration Inc
How we got $5.5M
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 |
|---|---|---|
| JACK EXPLORATION INC this business | $5.2M | — |
| JOE BOB DRAKE ENERGY, LLC Davis · 1 employees | $2.7M | 7.9 mi |
| SOUTHERN CROSS ROYALTY L.P. Davis · 4 employees | $13.4M | 8.0 mi |
| YORKIE INVESTMENTS LLC Wynnewood · 3 employees | $8.4M | 13.6 mi |
| HHH CONSTRUCTION Wynnewood · 3 employees | $13.9M | 17.2 mi |
| DELTA D OPERATIONS INC Ardmore · 1 employees | $4.6M | 19.9 mi |
| WILDHORSE OPERATING COMPANY Ardmore · 6 employees | $18.7M | 20.8 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) | $2.7M |
| Estimate: the two combined (geometric mean) | $5.2M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.5M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.9M – $7.5M |
| Revenue range | $3.4M – $5.9M |
| EBITDA range | $949K – $1.6M |
| 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
History & 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/28/2020 | first | $14K | 2 |
About Jack Exploration Inc
Jack Exploration Inc is a crude petroleum extraction company in Sulphur, Oklahoma. Its estimated annual revenue is about $5.2M, with roughly $1.4M of EBITDA. It has about 2 employees. Its estimated business value is $5.5M (likely range $2.9M–$7.5M).
Common questions
- Who owns Jack Exploration Inc?
- The owner of Jack Exploration 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 Jack Exploration Inc make?
- SeeBITDA estimates Jack Exploration Inc's annual revenue at about $5.2M (likely between $3.4M and $5.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jack Exploration Inc worth?
- About $5.5M, roughly 3.8× its estimated EBITDA of $1.4M, typical for a crude petroleum extraction company its size. Likely range: $2.9M–$7.5M.
- How many employees does Jack Exploration Inc have?
- About 2, as reported on its PPP loan.