Natural Resources Operating LLC
How we got $29.6M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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 |
|---|---|---|
| NATURAL RESOURCES OPERATING LLC this business | $23.7M | — |
| C & H INVESTMENTS, LLC Norman · 1 employees | $3.4M | 1.8 mi |
| MONROE NATURAL GAS, INC Norman · 3 employees | $13.9M | 1.8 mi |
| GRAYTON ENERGY, LLC Norman · 2 employees | $7.9M | 2.5 mi |
| J&R ENERGY RESOURCES, LLC Norman · 1 employees | $4.6M | 2.9 mi |
| MID SOUTH ENERGY HOLDINGS LLC Norman · 1 employees | $4.6M | 3.2 mi |
| NORTHEAST BLANCO DEVELOPMENT CORP Norman · 1 employees | $2.7M | 3.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $23.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.3M |
| Estimate: the two combined (geometric mean) | $23.7M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $5.4M |
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 | $29.6M |
| Multiple for this size and industry | 5.5× |
| Value range | $15.6M – $40.4M |
| Revenue range | $15.6M – $27.0M |
| EBITDA range | $3.5M – $6.1M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
Advisors
- BankingCrossFirst 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 Roles are as stated there and may be out of date.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
| CrossFirst Bank PPP 2020, PPP 2021 | All 299 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $96K | 6 |
| 1/22/2021 | second | $96K | 5 |
About Natural Resources Operating LLC
Natural Resources Operating LLC is a crude petroleum extraction company in Norman, Oklahoma. Its estimated annual revenue is about $23.7M, with roughly $5.4M of EBITDA. It has about 6 employees. Its estimated business value is $29.6M (likely range $15.6M–$40.4M).
Common questions
- Who owns Natural Resources Operating LLC?
- The owner of Natural Resources Operating 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 Natural Resources Operating LLC make?
- SeeBITDA estimates Natural Resources Operating LLC's annual revenue at about $23.7M (likely between $15.6M and $27.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Natural Resources Operating LLC worth?
- About $29.6M, roughly 5.5× its estimated EBITDA of $5.4M, typical for a crude petroleum extraction company its size. Likely range: $15.6M–$40.4M.
- How many employees does Natural Resources Operating LLC have?
- About 6, as reported on its PPP loan.