MFA Oil Propane
- Raymond A. YoungCEO and General Manager · Company website
- Dale CreachPresident · Company website
- Jerry TaylorPresident and CEO · Company website
- Mark FennerPresident · Company website
- Jon IhlerPresident and CEO · Company website
How we got $14.1M
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 29 years (since 1997)
- 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
MFA Oil is a member-owned company selling fuels, propane, lubricants and tires, with credit offered to qualified customers. Its pages describe propane and fuel products for homes, farms and businesses, and industrial oils for equipment.
From the company's website. Industry: Wholesale trade.
Customers & suppliers
Suppliers & brands
- Big O Tires · brand it sells or installs
- Platform Fuels · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- H.C. EMPLOYEES LLC · Moore, 63 mi · $196.4M
- IDEAL HOMES OF NORMAN, LP · Norman, 57 mi · $163.9M
- LANDMARK FINE HOMES, LP · Norman, 59 mi · $57.2M
- HILLIARY CONSTRUCTION, L.L.C. · Lawton, 40 mi · $47.6M
- RICHARD DEVELOPMENT LLC · Lawton, 30 mi · $45.8M
- T-MAC FARMS FAMILY LIMITED PARTNERSHIP · Wayne, 45 mi · $9.9M
- MORTON CATTLE COMPANY, LLC · Stratford, 53 mi · $8.4M
- MORTON FARMS LLC · Stratford, 53 mi · $8.4M
- NORTHCUTT'S GREENLAWN, L.L.C. · Lexington, 50 mi · $8.0M
- TRIPLE HEART CATTLE, LLC · Wanette, 52 mi · $7.6M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MFA Oil Propane this business | $48.2M | — |
| TRIPLE T SUPPLY Duncan · 12 employees | $8.9M | 4.3 mi |
| SOUTHWEST DRILL BITS, LLC Duncan | $4.2M | 4.5 mi |
| RIGHTWAY MANUFACTURING SOLUTIONS LLC Duncan · 26 employees | $22.7M | 4.9 mi |
| Airgas Branch Duncan | $24.1M | 7.6 mi |
| SANNER PIPE & SALVAGE, L.L.C. Velma · 28 employees | $31.9M | 7.8 mi |
| Wichita Mountain Artesian Water Velma | $9.6M | 8.0 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 | $14.1M |
| Multiple for this size and industry | 5.2× |
| Value range | $3.0M – $28.1M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Wholesale trade businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (6%). Treat these as a rough guide.
| Revenue range | $12.8M – $80.3M |
| EBITDA range | $717K – $4.5M |
| Industry (NAICS) | Wholesale trade (42) |
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
5 locations
| 285738 E 1760 Rd | Duncan | This listing |
| 22838 State Highway 76 | Blanchard | View |
| 20208 N Keota Landing Rd | Keota | View |
| 4625 W Rogers Blvd | Skiatook | View |
| 308 S 8th Ave | Stroud | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About MFA Oil Propane
MFA Oil Propane is a wholesale trade company in Duncan, Oklahoma, in business since 1997. It is owned by Kenny Steeves (senior vice president of MFA Oil operations). Its estimated annual revenue is about $48.2M, with roughly $2.7M of EBITDA. Its estimated business value is $14.1M (likely range $3.0M–$28.1M). It has 5 locations.
Common questions
- Who owns MFA Oil Propane?
- MFA Oil Propane is owned by Kenny Steeves (senior vice president of MFA Oil operations), according to public sources such as the company's website or filings.
- How much revenue does MFA Oil Propane make?
- SeeBITDA estimates MFA Oil Propane's annual revenue at about $48.2M (likely between $12.8M and $80.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is MFA Oil Propane worth?
- About $14.1M, roughly 5.2× its estimated EBITDA of $2.7M, typical for a wholesale trade company its size. Likely range: $3.0M–$28.1M.
- When was MFA Oil Propane founded?
- MFA Oil Propane has been in business since 1997.