Summit Utilities
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
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Summit Utilities Inc. is a local natural gas utility serving residential and commercial customers in Arkansas, Oklahoma and Texas, providing dependable gas service and emergency response.
From the company's website. Industry: Oil & gas.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Summit Utilities this business | $1.5M | — |
| CAREY JOHNSON OIL COMPANY, INC. Lawton · 249 employees | $81.6M | 0.6 mi |
| SoLiv Solar, LLC Lawton | $1.5M | 0.9 mi |
| 86 WEST ENERGY, INC. Lawton · 1 employees | $669K | 2.8 mi |
| FRENCH OIL INC. Lawton · 4 employees | $1.5M | 3.3 mi |
| SWS OPERATING LLC Lawton · 1 employees | $375K | 5.9 mi |
| CAPUCCIO VENTURES LLC Lawton · 1 employees | $693K | 10.3 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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Summit Utilities
Summit Utilities is an oil & gas company in Lawton, Oklahoma, in business since 2011. Its estimated annual revenue is about $1.5M, with roughly $499K of EBITDA. Its estimated business value is $1.2M (likely range $310K–$2.5M).
Common questions
- Who owns Summit Utilities?
- The owner of Summit Utilities 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 Summit Utilities make?
- SeeBITDA estimates Summit Utilities'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 Summit Utilities 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.
- When was Summit Utilities founded?
- Summit Utilities has been in business since 2011.