East River Energy, Llc
How we got $1.2M
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 24 years (since 2002)
- Founder still runs it after 24 years
From public records and the company's website, not a statement that it's for sale.
What they do
East River Energy, LLC was formed in 2002 to provide transaction and land services to mineral interest and non-operated working interest owners. Its clients include buyers and sellers in oil and gas transactions.
From the company's website. Industry: Oil & gas.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| East River Energy, Llc this business | $1.5M | — |
| AMERIFIELD INC. Tulsa · 83 employees | $45.8M | 0.0 mi |
| PLX INC. Tulsa · 1 employees | $493K | 0.0 mi |
| Petroflow Energy Corporation Tulsa | $1.5M | 0.0 mi |
| DERBY MANAGEMENT, LLC Tulsa · 3 employees | $1.2M | 0.0 mi |
| DOVER PRODUCTION, LLC Tulsa · 6 employees | $3.1M | 0.0 mi |
| NORTHSTAR ENERGY LLC Tulsa · 5 employees | $2.9M | 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 | $1.2M |
| Multiple for this size and industry | 2.4× |
| Value range | $310K – $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 | $481K – $2.6M |
| EBITDA range | $162K – $877K |
| 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
History & advisors
“East River Energy, LLC was formed in 2002 by Kurt Zumwalt, an oil and gas petroleum landman, to provide quality transaction and land services to mineral interest and non-operated working interest owners.”
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 East River Energy, Llc
East River Energy, Llc is an oil & gas company in Tulsa, Oklahoma, in business since 2002. It is owned by Kurt Zumwalt (Founder). Its estimated annual revenue is about $1.5M, with roughly $499K of EBITDA. Its estimated business value is $1.2M (likely range $310K–$2.5M).
Common questions
- Who owns East River Energy, Llc?
- East River Energy, Llc is owned by Kurt Zumwalt (Founder), according to public sources such as the company's website or filings.
- How much revenue does East River Energy, Llc make?
- SeeBITDA estimates East River Energy, Llc's annual revenue at about $1.5M (likely between $481K and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is East River Energy, Llc worth?
- About $1.2M, roughly 2.4× its estimated EBITDA of $499K, typical for a oil & gas company its size. Likely range: $310K–$2.5M.
- When was East River Energy, Llc founded?
- East River Energy, Llc has been in business since 2002.