Thurmond (previously Thurmond Mcglothlin)
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 High sell likelihood
- In business 80 years (since 1946)
- Founder still runs it after 80 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Thurmond is a natural gas measurement company, operating since 1946, that provides measurement field services, custom fabrication, and well site automation from the well head to the sales point for the oil and gas industry.
From the company's website. Industry: Oil & gas.
Customers & suppliers
Suppliers & brands
- Plunger Lift Solutions · brand it sells or installs
- Shoots Meter Check Co · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Thurmond (previously Thurmond Mcglothlin) this business | $1.5M | — |
| Wynn Jim Rental Sales & Service Wilburton | $1.5M | 0.3 mi |
| TRIPLE BBB HOTSHOT SERVICES LLC Wilburton · 1 employees | $670K | 0.4 mi |
| REEVES GEOLOGICAL LLC Wilburton · 2 employees | $1.1M | 2.0 mi |
| BP Wilburton | $1.5M | 2.1 mi |
| RAFTER R CONSULTING Wilburton · 1 employees | $388K | 2.3 mi |
| VARNELL CONSULTING INC. Wilburton · 8 employees | $4.4M | 2.4 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 | $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
“JA “Jim” Thurmond founded a natural gas testing company in Lefors, Texas, starting with 4 customers.”
Leadership
- KHKen HudgeonsChairman · Company website · source
- THTrevor HudgeonsCo-CEO · Company website · source
- CMChris MitchelCo-CEO · Company website · source
- GFGary FewinChief Operating Officer · Company website · source
- MRMolly RyelVice President, Fabrication Operations · Company website · source
- CMClay MolVice President, Automation · Company website · source
- MKMike KuepkerVice President, Business Operations · 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 Thurmond (previously Thurmond Mcglothlin)
Thurmond (previously Thurmond Mcglothlin) is a family-owned oil & gas company in Wilburton, Oklahoma, in business since 1946. It is owned by JA “Jim” Thurmond (Founder). 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 Thurmond (previously Thurmond Mcglothlin)?
- Thurmond (previously Thurmond Mcglothlin) is owned by JA “Jim” Thurmond (Founder), according to public sources such as the company's website or filings.
- How much revenue does Thurmond (previously Thurmond Mcglothlin) make?
- SeeBITDA estimates Thurmond (previously Thurmond Mcglothlin)'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 Thurmond (previously Thurmond Mcglothlin) 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 Thurmond (previously Thurmond Mcglothlin) founded?
- Thurmond (previously Thurmond Mcglothlin) has been in business since 1946.
- Is Thurmond (previously Thurmond Mcglothlin) for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 80 years (since 1946); founder still runs it after 80 years; no family successor named on its website.