Oklahoma Petroleum Allies LLC
How we got $65.8M
Based on its 18 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
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
Ownership & transactions
- Acquired by Paloma Partners · Dec 2019A contact list result says Oil Company Contact List - Quest was acquired by Paloma Partners effective December 1, 2019, but this refers to a different business, not Oklahoma Petroleum Allies.Source
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 |
|---|---|---|
| OKLAHOMA PETROLEUM ALLIES LLC this business | $51.7M | — |
| TRIPOWER RESOURCES, LLC Ardmore · 10 employees | $52.0M | 0.1 mi |
| QUIEN SABE CORPORATION Ardmore · 15 employees | $32.9M | 0.2 mi |
| SNS OIL & GAS PROPERTIES LLC Ardmore · 1 employees | $2.6M | 0.4 mi |
| THE DEHART COMPANY LLC Ardmore · 3 employees | $7.7M | 0.4 mi |
| ORR OIL & GAS E&P INC Ardmore · 1 employees | $3.1M | 0.7 mi |
| GRASSLAND ACQUISTIONS LLC Ardmore · 1 employees | $3.0M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $55.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $48.0M |
| Estimate: the two combined (geometric mean) | $51.7M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $10.3M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 4% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $65.8M |
| Multiple for this size and industry | 6.4× |
| Value range | $39.5M – $102.7M |
| Revenue range | $38.8M – $67.3M |
| EBITDA range | $7.7M – $13.4M |
| 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
- BankingFirst Bank and Trust CoPPP / 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
| First Bank and Trust Co PPP 2020, PPP 2021 | All 694 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 | $319K | 18 |
| 1/26/2021 | second | $324K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Oklahoma Petroleum Allies LLC
Oklahoma Petroleum Allies LLC is a crude petroleum extraction company in Ardmore, Oklahoma, in business since 2010. Its estimated annual revenue is about $51.7M, with roughly $10.3M of EBITDA. It has about 18 employees. Its estimated business value is $65.8M (likely range $39.5M–$102.7M).
Common questions
- Who owns Oklahoma Petroleum Allies LLC?
- The owner of Oklahoma Petroleum Allies 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 Oklahoma Petroleum Allies LLC make?
- SeeBITDA estimates Oklahoma Petroleum Allies LLC's annual revenue at about $51.7M (likely between $38.8M and $67.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Oklahoma Petroleum Allies LLC worth?
- About $65.8M, roughly 6.4× its estimated EBITDA of $10.3M, typical for a crude petroleum extraction company its size. Likely range: $39.5M–$102.7M.
- How many employees does Oklahoma Petroleum Allies LLC have?
- About 18, as reported on its PPP loan.
- When was Oklahoma Petroleum Allies LLC founded?
- Oklahoma Petroleum Allies LLC has been in business since 2010.