Lucas Oil Co, LLC
How we got $439K
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Lucas Oil Products, Inc. makes and sells motor oil, fuel treatments, lubricants, oils and additives for vehicles, engines and industrial equipment, aimed at everyday car owners, racers, truckers, farmers, marine and industrial users.
From the company's website. Industry: Petroleum Lubricating Oil and Grease Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- THE HAWTHORN GROUP, INC. · Tulsa, 58 mi · $437.3M
- EAGLE REDI-MIX CONCRETE LLC · Tulsa, 53 mi · $111.7M
- MILLER TRUCK LINES LLC · Stroud, 29 mi · $106.6M
- JCT HOLDING CO LLC · Sapulpa, 39 mi · $101.6M
- AIRGAS NITROGEN SERVICES LLC · Mcalester, 42 mi · $87.5M
- DRUMMOND CATTLE LLC · Tulsa, 52 mi · $129.5M
- LIVESAY ORCHARDS · Porter, 51 mi · $35.7M
- GREEN ACRE SOD FARMS, INC · Bixby, 45 mi · $31.0M
- LAZY J ARENA, LLC · Stillwater, 59 mi · $30.7M
- SANDER'S NURSERY & DISBRIBUTION · Broken Arrow, 47 mi · $18.3M
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 |
|---|---|---|
| LUCAS OIL CO, LLC this business | $557K | — |
| BAKERS NATIONAL SUPPLY INC. Okemah · 11 employees | $3.7M | 1.1 mi |
| BAKER'S NATIONAL SUPPLY INC Okemah · 11 employees | $3.7M | 1.6 mi |
| DEGGE OILFIELD SERVICES LLC Okemah · 7 employees | $2.9M | 2.1 mi |
| OILFIELD COMPANY SUPPLY, LLC Okemah · 4 employees | $2.7M | 4.3 mi |
| BAILEY'S WELL SERVICE LLC Okemah · 7 employees | $2.5M | 4.8 mi |
| BAILEYS WELL SERVICE LLC Okemah · 4 employees | $2.0M | 4.8 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $1.6M |
| Revenue = employees × revenue per employee | $557K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $219K |
| Cross-check: revenue implied by PPP payroll | $79K |
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 | $439K |
| Multiple for this size and industry | 2× |
| Value range | $208K – $623K |
| Revenue range | $330K – $659K |
| EBITDA range | $130K – $260K |
| Industry (NAICS) | Petroleum Lubricating Oil and Grease Manufacturing (324191) |
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. 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
- BankingAmerican Exchange 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
| American Exchange Bank PPP 2020 | All 42 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 | $2K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lucas Oil Co, LLC
Lucas Oil Co, LLC is a petroleum lubricating oil and grease manufacturing company in Okemah, Oklahoma, in business since 1997. Its estimated annual revenue is about $557K, with roughly $219K of EBITDA. It has about 1 employees. Its estimated business value is $439K (likely range $208K–$623K).
Common questions
- Who owns Lucas Oil Co, LLC?
- The owner of Lucas Oil Co, LLC 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 Lucas Oil Co, LLC make?
- SeeBITDA estimates Lucas Oil Co, LLC's annual revenue at about $557K (likely between $330K and $659K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lucas Oil Co, LLC worth?
- About $439K, roughly 2× its estimated EBITDA of $219K, typical for a petroleum lubricating oil and grease manufacturing company its size. Likely range: $208K–$623K.
- How many employees does Lucas Oil Co, LLC have?
- About 1, as reported on its PPP loan.
- When was Lucas Oil Co, LLC founded?
- Lucas Oil Co, LLC has been in business since 1997.