SeeBITDAOklahoma

MCP Propane Adair - Storage Tank

Oil & gas
  • 1501 W 420 Rd, Adair, OK
  • Since 2013
  • Family-owned
Estimated valueLow confidence
$1.2M
$310Klikely range$2.5M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$1.5M
a year
Profit (EBITDA)
$498K
34% of revenue
Employees
—
not reported
Taylor McCuistion
Owner · source
Unlikely to sell soon
propanemcp.comLinkedIn
Contact
Find Taylor McCuistion on RocketReach Request removal or correction

How we got $1.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical oil & gas business in Oklahoma$1.5M
Revenue$1.5M
× 34% profit margin$498K
× 2.4 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • Family in the business (Craig McCuistion, Family member who runs the company with Taylor McCuistion)

From public records and the company's website, not a statement that it's for sale.

What they do

MCP Propane (also known as Mayes County Propane) is a family owned and operated propane company providing propane delivery, refills and related service to residential, commercial, and agricultural customers in northeastern Oklahoma.

Products & services
Propane delivery and refillPropane tanksRent Your Storage TankHeaters & StovesRepair Services & PartsPropane tank partsFlexible payment plans
Markets served
residentialcommercialagricultural
Service area
Mayes CountyRogers CountyWagoner County

From the company's website. Industry: Oil & gas.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
MCP Propane Adair - Storage Tank
this business
$1.5M$498K—
BELL TECHNOLOGIES
Pryor · 1 employees
$711K$280K8.6 mi
Kanoma Cooperative Association
Big Cabin
$1.5M$498K10.6 mi
SUMMERS DRILLING INC.
Claremore · 7 employees
$2.8M$836K13.4 mi
Froman Oil & Propane Co
Vinita
$1.5M$498K13.7 mi
ESP SELECT, LLC
Claremore · 2 employees
$854K$287K14.6 mi
Turner's LP Gas
Locust Grove
$1.5M$498K14.7 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 industry2.4×
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$161K – $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

People & advisors

Family-owned
“Established in the early 1940's as Chelsea Butane in Chelsea, OK, we were the local supplier of LP gas.”

Leadership

  • EW
    Evah Whitenack
    Owner and operator · Company website · source
  • DW
    David Whitenack
    Ran the company through the 1970s; later owner (late 1980s) · Company website · source
  • KW
    Karen Whitenack
    Owner (late 1980s) · Company website · source
  • DW
    Donnie Whitenack
    Joined the company in 1982; worked with owners until retirem · Company website · source
  • CM
    Craig McCuistion
    Family member who runs the company with Taylor McCuistion · Company website · source

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 MCP Propane Adair - Storage Tank

MCP Propane Adair - Storage Tank is a family-owned oil & gas company in Adair, Oklahoma, in business since 2013. It is owned by Taylor McCuistion. Its estimated annual revenue is about $1.5M, with roughly $498K of EBITDA. Its estimated business value is $1.2M (likely range $310K–$2.5M).

Common questions

Who owns MCP Propane Adair - Storage Tank?
MCP Propane Adair - Storage Tank is owned by Taylor McCuistion, according to public sources such as the company's website or filings.
How much revenue does MCP Propane Adair - Storage Tank make?
SeeBITDA estimates MCP Propane Adair - Storage Tank'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 MCP Propane Adair - Storage Tank worth?
About $1.2M, roughly 2.4× its estimated EBITDA of $498K, typical for a oil & gas company its size. Likely range: $310K–$2.5M.
When was MCP Propane Adair - Storage Tank founded?
MCP Propane Adair - Storage Tank has been in business since 2013.