Moran Equipment LLC
How we got $35.1M
Based on its 62 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Family in the business (Jennifer Moran, Chief Administrative Officer)
From public records and the company's website, not a statement that it's for sale.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MORAN EQUIPMENT LLC this business | $29.7M | — |
| PRIME WELL SOLUTIONS, LLC. Elk City · 11 employees | $6.7M | 0.3 mi |
| DNOW Elk City | $1.5M | 0.3 mi |
| CALAWAY FLOWING, LLC. Elk City · 1 employees | $523K | 0.6 mi |
| BECK'S FORKLIFT SERVICES, LLC Elk City · 13 employees | $4.4M | 0.6 mi |
| SUPERIOR CONSULTING LLC Elk City · 1 employees | $711K | 0.7 mi |
| RBP OILFIELD SERVICES LLC Elk City · 1 employees | $711K | 1.1 mi |
The full calculation
| Employees reported to the SBA | 62 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $27.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.6M |
| Estimate: the two combined (geometric mean) | $29.7M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $6.7M |
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 | $35.1M |
| Multiple for this size and industry | 5.2× |
| Value range | $18.5M – $48.0M |
| Revenue range | $19.5M – $33.9M |
| EBITDA range | $4.4M – $7.7M |
| 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
People & advisors
“Moran Equipment LLC. was incorporated in 2014 with a vision to give the best service to the area.”
Leadership
- JMJennifer MoranChief Administrative Officer · Company website · source
- GTGeorge T. MarinPermian Basin Account Representative · Company website · source
- MFMarshall FlowersOperations Manager · Company website · source
- JGJustin GunterRegional Manager · Company website · source
- DWDustin WolfordRegional Manager · Company website · source
- DBDoug BattlesRegional Manager · Company website · source
Advisors
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020, PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $697K | 62 |
| 1/16/2021 | second | $510K | 60 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Moran Equipment LLC
Moran Equipment LLC is an oil & gas company in Elk City, Oklahoma, in business since 2014. It is owned by Josh Moran. Its estimated annual revenue is about $29.7M, with roughly $6.7M of EBITDA. It has about 62 employees. Its estimated business value is $35.1M (likely range $18.5M–$48.0M).
Common questions
- Who owns Moran Equipment LLC?
- Moran Equipment LLC is owned by Josh Moran, according to public sources such as the company's website or filings.
- How much revenue does Moran Equipment LLC make?
- SeeBITDA estimates Moran Equipment LLC's annual revenue at about $29.7M (likely between $19.5M and $33.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Moran Equipment LLC worth?
- About $35.1M, roughly 5.2× its estimated EBITDA of $6.7M, typical for a oil & gas company its size. Likely range: $18.5M–$48.0M.
- How many employees does Moran Equipment LLC have?
- About 62, as reported on its PPP loan.
- When was Moran Equipment LLC founded?
- Moran Equipment LLC has been in business since 2014.