Mack Energy Co.
How we got $689.4M
Based on 142 employees on its 2024 401(k) filing.
What we know
Signs of a sale Likely to sell
- In business 46 years (since 1980)
- 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
Mack Energy Co. is a privately owned exploration and production company operating in Oklahoma and South Louisiana, with headquarters in Oklahoma City.
From the company's website. Industry: Crude Petroleum Extraction.
Estimated value over time
▲ 59% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 28% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 111 | $368.1M |
| 2021 | Form 5500 | 108 | $358.1M |
| 2022 | Form 5500 | 116 | $384.7M |
| 2023 | Form 5500 | 135 | $447.7M |
| 2024 | Form 5500 | 142 | $470.9M |
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 |
|---|---|---|
| Mack Energy Co. this business | $469.3M | — |
| S S & C TRUCKING, LLC Ratliff City · 1 employees | $2.5M | 2.2 mi |
| 3D MARTINS CONSTRUCTION INC. Ratliff City · 14 employees | $29.1M | 2.9 mi |
| TITAN OIL TOOLS INC Ratliff City · 19 employees | $68.8M | 3.6 mi |
| TILLEY OILFIELD SERVICE LLC Velma · 10 employees | $31.0M | 8.0 mi |
| HAYS PRODUCTION LLC Velma · 2 employees | $3.9M | 9.1 mi |
| DARK HORSE OILFIELD SERVICES LLC Healdton · 17 employees | $31.3M | 11.4 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $689.4M |
| Multiple for this size and industry | 7.2× |
| Value range | $441.2M – $1.24B |
| Employees in its retirement plan (2024 Form 5500) | 142 |
| Industry revenue per employee | $3.3M |
| Revenue = employees × revenue per employee | $469.3M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $95.7M |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $375.5M – $704.0M |
| EBITDA range | $76.6M – $143.6M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
“In 1980, Mack Energy Co. was incorporated as the operating company and both Tom and Jack served as President during its growth.”
Leadership
- THTom H. McCasland, IIIPresident · Company website · source
- MMMarilyn Maurer HugonVice President · Company website · source
- RBRaleigh BlumsteinVice President – Geology · Company website · source
- CMCameron McCaslandAssistant Vice President · Company website · source
- JPJacob PasbyChief Financial Officer · Company website · source
- MLMike LaMascusVice President – Production · Company website · source
- PVPete Van Der VeldtVice President of Land · Company website · source
Advisors
- AccountingFreemon, Shapard & StoryAudits its 401(k) plan (2024 filing)
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 Mack Energy Co.
Mack Energy Co. is a family-owned crude petroleum extraction company in Ratliff City, Oklahoma, in business since 1980. It is owned by Barbara M. Braught (President). Its estimated annual revenue is about $469.3M, with roughly $95.7M of EBITDA. It has about 142 employees. Its estimated business value is $689.4M (likely range $441.2M–$1.24B).
Common questions
- Who owns Mack Energy Co.?
- Mack Energy Co. is owned by Barbara M. Braught (President), according to public sources such as the company's website or filings.
- How much revenue does Mack Energy Co. make?
- SeeBITDA estimates Mack Energy Co.'s annual revenue at about $469.3M (likely between $375.5M and $704.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mack Energy Co. worth?
- About $689.4M, roughly 7.2× its estimated EBITDA of $95.7M, typical for a crude petroleum extraction company its size. Likely range: $441.2M–$1.24B.
- How many employees does Mack Energy Co. have?
- About 142, from its 2024 retirement-plan filing.
- When was Mack Energy Co. founded?
- Mack Energy Co. has been in business since 1980.
- Is Mack Energy Co. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 46 years (since 1980); no family successor named on its website.