Lugreg Trucking LLC
How we got $147.2M
Based on its 189 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 45 years (since 1981)
From public records and the company's website, not a statement that it's for sale.
What they do
LuGreg Trucking is an Oklahoma fluid logistics company that hauls oilfield fluids and provides related services, operating yards across northwestern and central Oklahoma. It has been in business since 1981 and says its management has an average of 20 years of oilfield fluid hauling experience.
From the company's website. Industry: Oil & gas.
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.
Employees over time
▼ 23% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 189 | $68.2M |
| 2020 | Form 5500 | 147 | $53.0M |
| 2021 | Form 5500 | 130 | $46.9M |
| 2022 | Form 5500 | 131 | $47.3M |
| 2023 | Form 5500 | 147 | $53.0M |
| 2024 | Form 5500 | 146 | $52.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LUGREG TRUCKING LLC this business | $123.4M | — |
| MUEGGENBORG CONTRACTING, LLC Kingfisher · 1 employees | $635K | 0.3 mi |
| TERRASTAR INC Kingfisher · 14 employees | $6.3M | 1.6 mi |
| Spl Kingfisher | $1.5M | 1.6 mi |
| STRIKER OILFIELD SERVICES, LLC Kingfisher · 2 employees | $735K | 1.6 mi |
| RED RIVER PETROLEUM, INC. Kingfisher · 5 employees | $2.4M | 1.7 mi |
| SOUTHWINDS INSPECTION CORP Kingfisher · 27 employees | $17.3M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 189 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $104.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $112.0M |
| Estimate: the two combined (geometric mean) | $123.4M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $24.5M |
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 | $147.2M |
| Multiple for this size and industry | 6× |
| Value range | $77.5M – $201.5M |
| Revenue range | $81.2M – $140.7M |
| EBITDA range | $16.1M – $28.0M |
| 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
“Since our beginning in 1981 as a one truck family business, LuGreg Trucking, LLC.’s goal has been to be “Best In Class.””
Advisors
- AccountingPeters & Chandler, P.C.Audits its 401(k) plan (2024 filing)
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $3.0M | 189 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lugreg Trucking LLC
Lugreg Trucking LLC is a family-owned oil & gas company in Kingfisher, Oklahoma, in business since 1981. Its estimated annual revenue is about $123.4M, with roughly $24.5M of EBITDA. It has about 146 employees. Its estimated business value is $147.2M (likely range $77.5M–$201.5M).
Common questions
- Who owns Lugreg Trucking LLC?
- The owner of Lugreg Trucking 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 Lugreg Trucking LLC make?
- SeeBITDA estimates Lugreg Trucking LLC's annual revenue at about $123.4M (likely between $81.2M and $140.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lugreg Trucking LLC worth?
- About $147.2M, roughly 6× its estimated EBITDA of $24.5M, typical for a oil & gas company its size. Likely range: $77.5M–$201.5M.
- How many employees does Lugreg Trucking LLC have?
- About 146, from its 2024 retirement-plan filing.
- When was Lugreg Trucking LLC founded?
- Lugreg Trucking LLC has been in business since 1981.