How we got $1.2M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Forbs this business | $1.5M | — |
| WHEELER ENERGY LLC Tulsa · 1 employees | $674K | 0.8 mi |
| WHEELER-PHOENIX, INC. Tulsa · 6 employees | $2.2M | 0.8 mi |
| Hydro Physics Pipe Inspection Tulsa | $1.5M | 1.0 mi |
| LANGHOLZ GROUP, LLC Tulsa · 3 employees | $1.3M | 1.1 mi |
| ME2 WELL SERVICES, LLC Tulsa · 20 employees | $10.0M | 1.1 mi |
| ME3 OILFIELD SERVICE, LLC Tulsa · 42 employees | $23.7M | 1.1 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 | $1.2M |
| Multiple for this size and industry | 2.4× |
| Value range | $309K – $2.5M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Support Activities for Oil and Gas Operations businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (34%). Treat these as a rough guide.
| Revenue range | $479K – $2.6M |
| EBITDA range | $161K – $857K |
| 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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
About Forbs
Forbs is an oil & gas company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.5M, with roughly $490K of EBITDA. Its estimated business value is $1.2M (likely range $309K–$2.5M).
Common questions
- Who owns Forbs?
- The owner of Forbs 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 Forbs make?
- SeeBITDA estimates Forbs's annual revenue at about $1.5M (likely between $479K and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Forbs worth?
- About $1.2M, roughly 2.4× its estimated EBITDA of $490K, typical for a oil & gas company its size. Likely range: $309K–$2.5M.