Elkhorn Gas Processing
How we got $358K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 20 years (since 2006)
- Founder still runs it after 20 years
From public records and the company's website, not a statement that it's for sale.
What they do
Elkhorn Gas Processing contracts and operates midstream compression, gathering, processing and treating assets for producers, and provides liquids fractionation and marketing of producer products. Its Appalachian and national market reach is described on the site.
From the company's website. Industry: Natural Gas Extraction.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BROTHER & COMPANY · Tulsa, 5 mi · $27.3M
- NICHOLS GROUP PR-ADMINISTRATION, LLC · Tulsa, 8 mi · $18.7M
- HICORP, INC · Tulsa, 5 mi · $16.0M
- DISTRIBUTECH LLC · Tulsa, 5 mi · $15.7M
- LITTLEFIELD, INC · Tulsa, 8 mi · $11.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Elkhorn Gas Processing this business | $1.3M | — |
| ELKHORN ENERGY, LLC Tulsa · 10 employees | $54.6M | 0.0 mi |
| MARSTAR HOLDINGS LLC Tulsa · 1 employees | $4.5M | 0.1 mi |
| MAKEFIELD OIL COMPANY Tulsa · 2 employees | $10.0M | 0.9 mi |
| WACHTMAN OIL, LLC Tulsa · 1 employees | $4.5M | 1.3 mi |
| TOKLAN OIL AND GAS CORPORATION Tulsa · 11 employees | $53.3M | 1.6 mi |
| PACE EXPLORATION LLC Tulsa · 1 employees | $2.7M | 1.6 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 | $358K |
| Multiple for this size and industry | 2.1× |
| Value range | $89K – $641K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Natural Gas Extraction 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 | $391K – $1.9M |
| EBITDA range | $53K – $254K |
| Industry (NAICS) | Natural Gas Extraction (211130) |
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
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Elkhorn Gas Processing
Elkhorn Gas Processing is a natural gas extraction company in Tulsa, Oklahoma, in business since 2006. It is owned by Tom Rinehart (Founder). Its estimated annual revenue is about $1.3M, with roughly $171K of EBITDA. Its estimated business value is $358K (likely range $89K–$641K).
Common questions
- Who owns Elkhorn Gas Processing?
- Elkhorn Gas Processing is owned by Tom Rinehart (Founder), according to public sources such as the company's website or filings.
- How much revenue does Elkhorn Gas Processing make?
- SeeBITDA estimates Elkhorn Gas Processing's annual revenue at about $1.3M (likely between $391K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elkhorn Gas Processing worth?
- About $358K, roughly 2.1× its estimated EBITDA of $171K, typical for a natural gas extraction company its size. Likely range: $89K–$641K.
- When was Elkhorn Gas Processing founded?
- Elkhorn Gas Processing has been in business since 2006.