SeeBITDAOklahoma

Major Gas Company, Inc.

Wholesale trade
  • 1905 S Main St, Fairview, OK
  • Since 2003
Estimated valueLow confidence
$2.4M
$509Klikely range$4.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$9.6M
a year
Profit (EBITDA)
$660K
7% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $2.4M

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

A typical wholesale trade business in Oklahoma$9.6M
Revenue$9.6M
× 7% profit margin$660K
× 3.6 sale multiple = value$2.4M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 23 years (since 2003)

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

What they do

Major Gas Company provides propane sales and service, including setting, servicing and filling propane tanks, for homes, businesses and the oil field in the Fairview, Oklahoma area.

Products & services
Propane sales and serviceMonthly RoutesBudget Payment PlansPre-Buy PlansTank Rental30 Day CreditPressure ChecksPumping Unit Propane ServiceTank SetsHot Oiler Propane ServiceGenerac sales and serviceGenerac standby generators
Markets served
residentialcommercialoil industryoil field
Service area
Fairview, OKFairview, Oklahomawide service area surrounding Fairview, Oklahoma

From the company's website. Industry: Wholesale trade.

Customers & suppliers

Suppliers & brands

  • Generac · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Oil & gas

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Major Gas Company, Inc.
this business
$9.6M$660K—
Blue Rhino Propane Exchange
Fairview
$9.6M$660K1.2 mi
Blue Rhino Propane Exchange
Fairview
$9.6M$660K1.4 mi
MANTRONICS LLC
Fairview · 1 employees
$1.4M$129K1.4 mi
FAIRVIEW LIVESTOCK AUCTION, LLC
Fairview · 5 employees
$11.9M$537K1.6 mi
Blue Rhino Propane Exchange
Fairview
$9.6M$660K1.6 mi
JAMES CATTLE COMPANY LLC
Fairview · 1 employees
$5.5M$280K1.8 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$2.4M
Multiple for this size and industry3.6×
Value range$509K – $4.7M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Wholesale trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.

Revenue range$2.6M – $16.1M
EBITDA range$177K – $1.1M
Industry (NAICS)Wholesale trade (42)

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

“Steve and his brother Doug opened the company thirty years ago with one truck and zero customers.”

Leadership

  • VN
    Vaughn Nightingale
    Office; works in the office · 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

DOT motor carrier
USDOT 1093933
Trucks (power units)9
Drivers12
Miles (2026)60,000
Registered with DOT2003

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Major Gas Company, Inc.

Major Gas Company, Inc. is a wholesale trade company in Fairview, Oklahoma, in business since 2003. Its estimated annual revenue is about $9.6M, with roughly $660K of EBITDA. Its estimated business value is $2.4M (likely range $509K–$4.7M).

Common questions

Who owns Major Gas Company, Inc.?
The owner of Major Gas Company, Inc. 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 Major Gas Company, Inc. make?
SeeBITDA estimates Major Gas Company, Inc.'s annual revenue at about $9.6M (likely between $2.6M and $16.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Major Gas Company, Inc. worth?
About $2.4M, roughly 3.6× its estimated EBITDA of $660K, typical for a wholesale trade company its size. Likely range: $509K–$4.7M.
When was Major Gas Company, Inc. founded?
Major Gas Company, Inc. has been in business since 2003.