The Gray Companies
How we got $14.7M
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 119 years (since 1907)
From public records and the company's website, not a statement that it's for sale.
What they do
The Gray Companies is a diversified Southern Oklahoma business active in oil and gas recovery (acquisition, development, drilling, exploration, production and marketing), ranching, and outdoor advertising on Oklahoma roadways.
From the company's website. Industry: Oil and Gas Extraction.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BOB STOCKTON CONSULTING LLC · Ardmore, 1 mi · $2.4M
- THE TIMES DEMOCRAT COMPANY INC · Sulphur, 24 mi · $1.7M
- MOLLMAN OUTDOOR, INC · Chickasha, 75 mi · $1.2M
- Look Billboards · Ardmore, 1 mi · $1.1M
- 35 SOUTH MARKETING LLC · Ardmore, 2 mi · $1.0M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| The Gray Companies this business | $12.8M | — |
| SHORES OILFIELD SERVICE INC Ardmore · 5 employees | $2.1M | 0.5 mi |
| DOWNHOLE VIDEO & INTERVENTION USA INC Ardmore · 3 employees | $2.1M | 0.7 mi |
| 3D DISPOSALS, LLC Ardmore · 5 employees | $2.3M | 0.7 mi |
| HMD OIL CO INC Ardmore · 1 employees | $3.0M | 0.8 mi |
| ORR OIL & GAS E&P INC Ardmore · 1 employees | $4.6M | 0.9 mi |
| RL INDUSTRY LLC Ardmore · 1 employees | $4.6M | 0.9 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 | $14.7M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.7M – $27.9M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Oil and 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 (24%). Treat these as a rough guide.
| Revenue range | $4.1M – $20.3M |
| EBITDA range | $991K – $5.0M |
| Industry (NAICS) | Oil and Gas Extraction (211) |
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
History & advisors
“Active in the energy field since 1918, the Gray Companies is a third generation entity active in oil and gas recovery though acquisition, development and drilling, exploration, production and marketing.”
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 The Gray Companies
The Gray Companies is a family-owned oil and gas extraction company in Ardmore, Oklahoma, in business since 1907. Its estimated annual revenue is about $12.8M, with roughly $3.1M of EBITDA. Its estimated business value is $14.7M (likely range $3.7M–$27.9M).
Common questions
- Who owns The Gray Companies?
- The owner of The Gray Companies 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 The Gray Companies make?
- SeeBITDA estimates The Gray Companies's annual revenue at about $12.8M (likely between $4.1M and $20.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Gray Companies worth?
- About $14.7M, roughly 4.7× its estimated EBITDA of $3.1M, typical for a oil and gas extraction company its size. Likely range: $3.7M–$27.9M.
- When was The Gray Companies founded?
- The Gray Companies has been in business since 1907.