Calyx Energy
How we got $2.4M
Based on 45 employees on its 2025 401(k) filing.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Calyx Energy III, LLC is an independent oil and gas exploration company headquartered in Tulsa, Oklahoma, with operations in the Arkoma Basin. It develops and operates oil and gas assets in the Mid-Continent region.
From the company's website. Industry: Administrative and support and waste management and remediation services.
Ownership & transactions
- Acquired by Kayne Anderson Capital Advisors · Mar 2008Asset manager Kayne Anderson Capital Advisors acquired oil and gas exploration company Calyx Energy in March 2008.Source
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Unit Corporation · Tulsa, 5 mi · $988.3M
- EXPLORER PIPELINE COMPANY · Tulsa, 2 mi · $505.6M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 2 mi · $324.7M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 7 mi · $257.3M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 6 mi · $226.8M
Estimated value over time
▲ 81% 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.
Employees over time
▲ 45% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 31 | $3.1M |
| 2021 | Form 5500 | 37 | $3.7M |
| 2022 | Form 5500 | 43 | $4.3M |
| 2023 | Form 5500 | 48 | $4.8M |
| 2024 | Form 5500 | 43 | $4.3M |
| 2025 | Form 5500 | 45 | $4.5M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Calyx Energy this business | $6.5M | — |
| NGL Energy Partners LP Tulsa | $3.16B | 0.0 mi |
| Rockwell Collins Tulsa | $642K | 0.0 mi |
| HIGH TECH RESOURCES INC Tulsa · 1 employees | $118K | 0.0 mi |
| RAFTER T LAND & CATTLE LLC Tulsa · 2 employees | $420K | 0.0 mi |
| Encore Tulsa | $602K | 0.1 mi |
| McKesson Corp Tulsa | $642K | 0.2 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $2.4M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.6M – $4.4M |
| Employees in its retirement plan (2025 Form 5500) | 45 |
| Industry revenue per employee | $100K |
| Revenue = employees × revenue per employee | $6.5M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $640K |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $5.2M – $9.8M |
| EBITDA range | $512K – $960K |
| Industry (NAICS) | Administrative and support and waste management and remediation services (56) |
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
Leadership
- JSJIM STEPHENSONChief Financial Officer and General Counsel · Company website · source
- JPJOHN PODOWSKIChief Operating Officer · Company website · source
- LSLoren SchmidtSr VP Exploration · Company website · source
- MBMark BesmerVP Completions · Company website · source
- MPMark PlaceVP Drilling · Company website · source
- MFMichelle FarrellVP Land · Company website · source
- SSScott SwaimVP Finance · Company website · source
- RDRoger DemuthSr Advisor / Partner · Company website · source
- JSJames StephensonSigned for the company · 2024 retirement-plan filing (Form 5500)
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 Calyx Energy
Calyx Energy is an administrative and support and waste management and remediation services company in Tulsa, Oklahoma, in business since 2008. It is owned by Calvin Cahill (President and CEO). Its estimated annual revenue is about $6.5M, with roughly $640K of EBITDA. It has about 45 employees. Its estimated business value is $2.4M (likely range $1.6M–$4.4M).
Common questions
- Who owns Calyx Energy?
- Calyx Energy is owned by Calvin Cahill (President and CEO), according to public sources such as the company's website or filings.
- How much revenue does Calyx Energy make?
- SeeBITDA estimates Calyx Energy's annual revenue at about $6.5M (likely between $5.2M and $9.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Calyx Energy worth?
- About $2.4M, roughly 3.8× its estimated EBITDA of $640K, typical for a administrative and support and waste management and remediation services company its size. Likely range: $1.6M–$4.4M.
- How many employees does Calyx Energy have?
- About 45, from its 2025 retirement-plan filing.
- When was Calyx Energy founded?
- Calyx Energy has been in business since 2008.