SeeBITDAOklahoma

Morrison Propane

Fuel Dealers
Estimated valueLow confidence
$487K
$98Klikely range$901K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$1.8M
a year
Profit (EBITDA)
$244K
14% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $487K

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

A typical fuel dealers business in Oklahoma$1.8M
Revenue$1.8M
× 14% profit margin$244K
× 2 sale multiple = value$487K

· 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 24 years (since 2002)

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

What they do

Morrison Propane is a family owned and operated propane company in Minco, OK, supplying residential and commercial customers in Central Oklahoma with propane sales, delivery, and service since 1964.

Products & services
Propane sales
Markets served
ResidentialCommercial
Service area
Central Oklahoma

From the company's website. Industry: Fuel Dealers.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Morrison Propane
this business
$1.8M$244K—
Blue Rhino Propane Exchange
Tuttle
$9.6M$660K8.5 mi
Blue Rhino Propane Exchange
Yukon
$9.6M$660K17.4 mi
Blue Rhino Propane Exchange
Chickasha
$9.6M$660K18.7 mi
Blue Rhino Propane Exchange
Oklahoma City
$9.6M$660K19.3 mi
Blue Rhino
Oklahoma City
$9.6M$660K19.5 mi
Blue Rhino Propane Exchange
Newcastle
$9.6M$660K19.6 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$487K
Multiple for this size and industry2×
Value range$98K – $901K

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Fuel Dealers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (14%). Treat these as a rough guide.

Revenue range$444K – $2.7M
EBITDA range$61K – $376K
Industry (NAICS)Fuel Dealers (457210)

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

Public records

DOT motor carrier
USDOT 1052492 · hazmat
Trucks (power units)6
Drivers7
Miles (2025)72,000
Registered with DOT2002

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

About Morrison Propane

Morrison Propane is a fuel dealers company in Minco, Oklahoma, in business since 2002. Its estimated annual revenue is about $1.8M, with roughly $244K of EBITDA. Its estimated business value is $487K (likely range $98K–$901K).

Common questions

Who owns Morrison Propane?
The owner of Morrison Propane 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 Morrison Propane make?
SeeBITDA estimates Morrison Propane's annual revenue at about $1.8M (likely between $444K and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Morrison Propane worth?
About $487K, roughly 2× its estimated EBITDA of $244K, typical for a fuel dealers company its size. Likely range: $98K–$901K.
When was Morrison Propane founded?
Morrison Propane has been in business since 2002.