Martin Mineral Company
How we got $4.9M
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 27% 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 |
|---|---|---|
| MARTIN MINERAL COMPANY this business | $3.6M | — |
| CANYON CREEK ENERGY OPERATING, LLC Tulsa · 13 employees | $63.5M | 0.2 mi |
| LANGHOLZ GROUP, LLC Tulsa · 3 employees | $1.3M | 0.2 mi |
| ME2 WELL SERVICES, LLC Tulsa · 20 employees | $10.0M | 0.2 mi |
| ME3 OILFIELD SERVICE, LLC Tulsa · 42 employees | $23.7M | 0.2 mi |
| MID-CON ENERGY OPERATING, LLC Tulsa · 101 employees | $467.9M | 0.3 mi |
| WILLIFORD RESOURCES, LLC Tulsa · 7 employees | $3.1M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $674K |
| Revenue = employees × revenue per employee | $3.6M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $1.1M |
| Cross-check: revenue implied by PPP payroll | $639K |
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 | $4.9M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.3M – $7.0M |
| Revenue range | $2.1M – $4.2M |
| EBITDA range | $646K – $1.3M |
| Industry (NAICS) | Coal Mining (212111) |
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
- BankingThe Central Trust 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 Roles are as stated there and may be out of date.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 Central Trust Bank PPP 2020, PPP 2021 | All 323 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $10K | 2 |
| 2/8/2021 | second | $10K | 2 |
About Martin Mineral Company
Martin Mineral Company is a coal mining company in Tulsa, Oklahoma. Its estimated annual revenue is about $3.6M, with roughly $1.1M of EBITDA. It has about 2 employees. Its estimated business value is $4.9M (likely range $2.3M–$7.0M).
Common questions
- Who owns Martin Mineral Company?
- The owner of Martin Mineral Company 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 Martin Mineral Company make?
- SeeBITDA estimates Martin Mineral Company's annual revenue at about $3.6M (likely between $2.1M and $4.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Martin Mineral Company worth?
- About $4.9M, roughly 4.5× its estimated EBITDA of $1.1M, typical for a coal mining company its size. Likely range: $2.3M–$7.0M.
- How many employees does Martin Mineral Company have?
- About 2, as reported on its PPP loan.