Beta Shale's
How we got $1.0M
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
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Beta Shale, LLC is a privately-held exploration and production company that leases mineral rights from landowners in Oklahoma, aiming to negotiate fair lease agreements in good faith.
From the company's website. Industry: Crude Petroleum Extraction.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Beta Shale's this business | $3.0M | — |
| CRAWLEY PETROLEUM CORPORATION Oklahoma City · 48 employees | $255.1M | 0.6 mi |
| CARDINAL RIVER ENERGY I LLC Oklahoma City · 6 employees | $30.3M | 0.7 mi |
| LANCE RUFFEL OIL & GAS, LLC Oklahoma City · 27 employees | $111.6M | 0.7 mi |
| Devon Energy Oklahoma City | $1.3M | 0.8 mi |
| SANDSTONE ENERGY ACQUISITIONS CORP Oklahoma City · 6 employees | $36.1M | 0.8 mi |
| SANDSTONE ENERGY ACQUISTIONS CORP Oklahoma City · 6 employees | $36.4M | 0.8 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 | $1.0M |
| Multiple for this size and industry | 2.6× |
| Value range | $178K – $2.1M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Crude Petroleum Extraction businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $643K – $5.1M |
| EBITDA range | $85K – $673K |
| 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
History & advisors
“In 2005, an independent group of geologists, geophysicists and reservoir engineers partnered with the Beta Capital Group in Dallas to fund a study on the Fayetteville (AR) Shale Play.”
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 Beta Shale's
Beta Shale's is a crude petroleum extraction company in Oklahoma City, Oklahoma, in business since 2005. It is owned by Jake Long (Vice President). Its estimated annual revenue is about $3.0M, with roughly $403K of EBITDA. Its estimated business value is $1.0M (likely range $178K–$2.1M).
Common questions
- Who owns Beta Shale's?
- Beta Shale's is owned by Jake Long (Vice President), according to public sources such as the company's website or filings.
- How much revenue does Beta Shale's make?
- SeeBITDA estimates Beta Shale's's annual revenue at about $3.0M (likely between $643K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Beta Shale's worth?
- About $1.0M, roughly 2.6× its estimated EBITDA of $403K, typical for a crude petroleum extraction company its size. Likely range: $178K–$2.1M.
- When was Beta Shale's founded?
- Beta Shale's has been in business since 2005.