Duncan Oil Properties Inc
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 Likely to sell
- In business 45 years (since 1981)
- 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
Duncan Oil Properties Inc is a privately held oil and gas exploration and production company headquartered in Oklahoma City, offering working interest ownership in its drilling projects to qualified investors and energy companies.
From the company's website. Industry: Oil & gas.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Duncan Oil Properties Inc this business | $1.5M | — |
| THE PFANENSTIEL COMPANY, LLC Oklahoma City · 2 employees | $1.4M | 0.0 mi |
| GUNGOLL OIL PARTNERSHIP Oklahoma City · 1 employees | $359K | 0.1 mi |
| Commercial Solar Oklahoma City | $1.5M | 0.1 mi |
| Northwest Royalty, Llc Oklahoma City | $1.5M | 0.1 mi |
| RIVER ROCK OPERATING COMPANY Oklahoma City · 35 employees | $19.7M | 0.1 mi |
| Twisted Oak Operating, Llc Oklahoma City | $1.5M | 0.2 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 | $162K – $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
People & advisors
“Founded in 1981 by J. Walter Duncan Jr., Duncan Oil Properties remains privately managed by the Duncan family, whose leadership has guided the company through generations of successful exploration.”
Leadership
- JBJason BloseGeneral Counsel · Company website · source
- JFJoe FergusonLand Manager · Company website · source
- EGErnie GonzalezOperations Engineering Manager · Company website · source
- TSTiffany StephensExploration Manager · Company website · source
- RSRikki SchoonoverController · Company website · source
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 Duncan Oil Properties Inc
Duncan Oil Properties Inc is a family-owned oil & gas company in Oklahoma City, Oklahoma, in business since 1981. It is owned by J. Walter Duncan IV (President). 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 Duncan Oil Properties Inc?
- Duncan Oil Properties Inc is owned by J. Walter Duncan IV (President), according to public sources such as the company's website or filings.
- How much revenue does Duncan Oil Properties Inc make?
- SeeBITDA estimates Duncan Oil Properties Inc'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 Duncan Oil Properties Inc 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 Duncan Oil Properties Inc founded?
- Duncan Oil Properties Inc has been in business since 1981.
- Is Duncan Oil Properties Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 45 years (since 1981); no family successor named on its website.