El Toro Resources
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 Unlikely to sell soon
- Headcount down 56% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
El Toro Resources LLC is an active oil and gas operator with interests throughout Oklahoma and Texas.
From the company's website. Industry: Oil & gas.
Employees over time
▼ 56% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | Form 5500 | 43 | $15.5M |
| 2022 | Form 5500 | 35 | $12.6M |
| 2023 | Form 5500 | 22 | $7.9M |
| 2024 | Form 5500 | 20 | $7.2M |
| 2025 | Form 5500 | 19 | $6.9M |
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 |
|---|---|---|
| El Toro Resources this business | $1.5M | — |
| Great White Energy Services Oklahoma City | $1.5M | 0.0 mi |
| BARCAS LLC Oklahoma City · 5 employees | $2.6M | 0.1 mi |
| LOOMIS ACQUISITIONS LLC Oklahoma City · 1 employees | $922K | 0.2 mi |
| STRANDED GAS SOLUTIONS LLC Oklahoma City · 4 employees | $1.3M | 0.3 mi |
| Petroleum Land Services South Oklahoma City | $1.5M | 0.3 mi |
| QUAIL CREEK WELL SERVICE LLC Oklahoma City · 5 employees | $2.2M | 0.3 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
Leadership
- JSJeff SmithVice President - Accounting · Company website · source
- TJTyler J. CatesVice President - Land · Company website · source
- NSNick SmithVice President - 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 El Toro Resources
El Toro Resources is an oil & gas company in Oklahoma City, Oklahoma, in business since 2013. It is owned by John Walker (President & Chief Executive Officer). Its estimated annual revenue is about $1.5M, with roughly $499K of EBITDA. It has about 19 employees. Its estimated business value is $1.2M (likely range $310K–$2.5M).
Common questions
- Who owns El Toro Resources?
- El Toro Resources is owned by John Walker (President & Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does El Toro Resources make?
- SeeBITDA estimates El Toro Resources'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 El Toro Resources worth?
- About $1.2M, roughly 2.4× its estimated EBITDA of $499K, typical for a oil & gas company its size. Likely range: $310K–$2.5M.
- How many employees does El Toro Resources have?
- About 19, from its 2025 retirement-plan filing.
- When was El Toro Resources founded?
- El Toro Resources has been in business since 2013.