Mcfarland Exploration Company
How we got $1.8M
Based on its 4 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 |
|---|---|---|
| MCFARLAND EXPLORATION COMPANY this business | $1.9M | — |
| LUCKY ACRE LAND LLC Edmond · 1 employees | $356K | 0.2 mi |
| JKT LAND SERVICES, LLC Edmond · 1 employees | $690K | 0.4 mi |
| RCM TRUCKING LLC Edmond · 5 employees | $3.0M | 1.2 mi |
| BREY ENERGY, LLC Edmond · 1 employees | $493K | 1.3 mi |
| WICHITA QUARTZ LLC Edmond · 1 employees | $557K | 1.4 mi |
| CONTINENTAL LAND RESOURCES LLC Edmond · 9 employees | $4.5M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $590K |
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 | $1.8M |
| Multiple for this size and industry | 3× |
| Value range | $931K – $2.4M |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $388K – $672K |
| 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
- BankingPrime Bank, Tinker FCUPPP / 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 Roles are as stated there and may be out of date.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
| Prime Bank PPP 2020 | All 79 borrowers → |
| Tinker FCU PPP 2021 | All 36 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $39K | 4 |
| 3/3/2021 | second | $36K | 4 |
About Mcfarland Exploration Company
Mcfarland Exploration Company is an oil & gas company in Edmond, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $590K of EBITDA. It has about 4 employees. Its estimated business value is $1.8M (likely range $931K–$2.4M).
Common questions
- Who owns Mcfarland Exploration Company?
- The owner of Mcfarland Exploration 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 Mcfarland Exploration Company make?
- SeeBITDA estimates Mcfarland Exploration Company's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mcfarland Exploration Company worth?
- About $1.8M, roughly 3× its estimated EBITDA of $590K, typical for a oil & gas company its size. Likely range: $931K–$2.4M.
- How many employees does Mcfarland Exploration Company have?
- About 4, as reported on its PPP loan.