Axis Exploration, LLC
- John G. ArthurOwner/Manager · Company website
- Dave CulbertsonChief Financial Officer · Company website
- Jack KueserVP of Operations & Engineering · Company website
How we got $14.7M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Axis Exploration, LLC and its sister company First Production, LLC provide oil and gas management, operation services and investment management for oil and gas wells, mainly for investors and oil and gas companies in Oklahoma, Texas and North Dakota.
From the company's website. Industry: Oil and Gas Extraction.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Axis Exploration, LLC this business | $12.8M | — |
| Wmh Energy, Llc Tulsa | $12.8M | 0.0 mi |
| Petroflow Energy Corporation Tulsa | $1.5M | 0.0 mi |
| AMERIFIELD INC. Tulsa · 83 employees | $45.8M | 0.0 mi |
| PLX INC. Tulsa · 1 employees | $493K | 0.0 mi |
| East River Energy, Llc Tulsa | $1.5M | 0.0 mi |
| OLIFANT ENERGY LLC Tulsa · 8 employees | $50.7M | 0.0 mi |
The full calculation
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 | $14.7M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.7M – $27.9M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Oil and Gas Extraction businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (24%). Treat these as a rough guide.
| Revenue range | $4.1M – $20.3M |
| EBITDA range | $991K – $5.0M |
| Industry (NAICS) | Oil and Gas Extraction (211) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
“Axis Exploration, LLC and First Production, LLC are privately held companies that were created in 1996 to participate and manage investors' interests in oil and gas wells in Oklahoma, Texas and North Dakota.”
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Axis Exploration, LLC
Axis Exploration, LLC is an oil and gas extraction company in Tulsa, Oklahoma, in business since 1996. It is owned by Kerby Hunt (Owner/Manager). Its estimated annual revenue is about $12.8M, with roughly $3.1M of EBITDA. Its estimated business value is $14.7M (likely range $3.7M–$27.9M).
Common questions
- Who owns Axis Exploration, LLC?
- Axis Exploration, LLC is owned by Kerby Hunt (Owner/Manager), according to public sources such as the company's website or filings.
- How much revenue does Axis Exploration, LLC make?
- SeeBITDA estimates Axis Exploration, LLC's annual revenue at about $12.8M (likely between $4.1M and $20.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Axis Exploration, LLC worth?
- About $14.7M, roughly 4.7× its estimated EBITDA of $3.1M, typical for a oil and gas extraction company its size. Likely range: $3.7M–$27.9M.
- When was Axis Exploration, LLC founded?
- Axis Exploration, LLC has been in business since 1996.