Kibtec Oil & Gas Inc.
How we got $799K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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 |
|---|---|---|
| KIBTEC OIL & GAS INC. this business | $846K | — |
| JS DUNN CONSULTING, INC Cashion · 1 employees | $586K | 2.0 mi |
| GATOR, LLC Guthrie · 2 employees | $972K | 4.6 mi |
| SUPERIOR OIL FIELD SUPPLY, LLC Guthrie · 1 employees | $493K | 4.6 mi |
| BOSTICK SERVICES CORPORATION Guthrie · 45 employees | $29.3M | 4.6 mi |
| GIBSON INTEGRITY SOLUTIONS, LLC Crescent · 22 employees | $8.7M | 5.3 mi |
| GENIE WELL SERVICE INC. Crescent · 25 employees | $11.0M | 8.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $584K |
| Estimate: the two combined (geometric mean) | $846K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $333K |
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 | $799K |
| Multiple for this size and industry | 2.4× |
| Value range | $421K – $1.1M |
| Revenue range | $556K – $964K |
| EBITDA range | $219K – $380K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingCommunity State 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 Roles are as stated there and may be out of date.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
| The Community State Bank PPP 2020 | All 167 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $15K | 2 |
About Kibtec Oil & Gas Inc.
Kibtec Oil & Gas Inc. is an oil & gas company in Cashion, Oklahoma. Its estimated annual revenue is about $846K, with roughly $333K of EBITDA. It has about 2 employees. Its estimated business value is $799K (likely range $421K–$1.1M).
Common questions
- Who owns Kibtec Oil & Gas Inc.?
- The owner of Kibtec 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 Kibtec Oil & Gas Inc. make?
- SeeBITDA estimates Kibtec Oil & Gas Inc.'s annual revenue at about $846K (likely between $556K and $964K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kibtec Oil & Gas Inc. worth?
- About $799K, roughly 2.4× its estimated EBITDA of $333K, typical for a oil & gas company its size. Likely range: $421K–$1.1M.
- How many employees does Kibtec Oil & Gas Inc. have?
- About 2, as reported on its PPP loan.