Ouachita Exploration, Inc.
How we got $19.1M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| OUACHITA EXPLORATION, INC. this business | $17.8M | — |
| EPPERSON PETROLEUM PROPERTIES LLC Chickasha · 1 employees | $4.6M | 0.0 mi |
| J. C. PETROLEUM INC Chickasha · 6 employees | $27.8M | 2.4 mi |
| JOHNNY HARRIS, INC. Chickasha · 2 employees | $6.4M | 6.4 mi |
| CEMOIL INC Chickasha · 20 employees | $66.0M | 8.7 mi |
| SHI PUMPING LLC Ninnekah · 1 employees | $5.8M | 9.5 mi |
| JR DIRECTIONAL SERVICES, LLC Cement · 1 employees | $4.5M | 10.9 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $19.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.5M |
| Estimate: the two combined (geometric mean) | $17.8M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.1M |
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 | $19.1M |
| Multiple for this size and industry | 4.7× |
| Value range | $10.0M – $26.1M |
| Revenue range | $11.7M – $20.3M |
| EBITDA range | $2.7M – $4.6M |
| 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
History & advisors
Advisors
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $66K | 5 |
| 1/23/2021 | second | $64K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ouachita Exploration, Inc.
Ouachita Exploration, Inc. is a crude petroleum extraction company in Chickasha, Oklahoma, in business since 1999. It is owned by Doug Epperson (Co-Owner). Its estimated annual revenue is about $17.8M, with roughly $4.1M of EBITDA. It has about 5 employees. Its estimated business value is $19.1M (likely range $10.0M–$26.1M).
Common questions
- Who owns Ouachita Exploration, Inc.?
- Ouachita Exploration, Inc. is owned by Doug Epperson (Co-Owner), according to public sources such as the company's website or filings.
- How much revenue does Ouachita Exploration, Inc. make?
- SeeBITDA estimates Ouachita Exploration, Inc.'s annual revenue at about $17.8M (likely between $11.7M and $20.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ouachita Exploration, Inc. worth?
- About $19.1M, roughly 4.7× its estimated EBITDA of $4.1M, typical for a crude petroleum extraction company its size. Likely range: $10.0M–$26.1M.
- How many employees does Ouachita Exploration, Inc. have?
- About 5, as reported on its PPP loan.
- When was Ouachita Exploration, Inc. founded?
- Ouachita Exploration, Inc. has been in business since 1999.