SeeBITDAOklahoma

Square 1 Minerals

  • 1605 E 2nd St, Edmond, OK
  • Since 2012
Estimated valueLow confidence
$1.2M
$310Klikely range$2.5M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$1.5M
a year
Profit (EBITDA)
$499K
34% of revenue
Employees
—
not reported
Ben Schadegg
Founder · source
Contact

How we got $1.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical oil & gas business in Oklahoma$1.5M
Revenue$1.5M
× 34% profit margin$499K
× 2.4 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named

What they do

Square 1 Minerals is a locally owned company in Edmond, OK that purchases oil and gas mineral rights, royalty and working interests from sellers. It says the process is meant to be personal and easy.

Markets served
oil and gas
Service area
OklahomaTexasKansasColorado

From the company's website. Industry: Oil & gas.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Square 1 Minerals
this business
$1.5M$499K—
WILSON PINSTAR MANUFACTURING, INC.
Edmond · 3 employees
$1.7M$561K0.4 mi
White Sail Energy
Edmond
$1.5M$499K0.5 mi
Oklahoma Mineral Buyers
Edmond
$1.5M$499K0.5 mi
A.R.D. LAND SERVICES, LLC
Edmond · 1 employees
$452K$178K0.6 mi
JB2, INC.
Edmond · 1 employees
$413K$162K0.8 mi
YDM LLC
Edmond · 1 employees
$590K$232K0.9 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 industry2.4×
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 2012 by Ben Schadegg
“The company was started by Ben Schadegg who has been purchasing mineral rights, royalty and working interests since 2012 in Oklahoma, Texas, Kansas and Colorado.”

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 Square 1 Minerals

Square 1 Minerals is an oil & gas company in Edmond, Oklahoma, in business since 2012. It is owned by Ben Schadegg (Founder). 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 Square 1 Minerals?
Square 1 Minerals is owned by Ben Schadegg (Founder), according to public sources such as the company's website or filings.
How much revenue does Square 1 Minerals make?
SeeBITDA estimates Square 1 Minerals'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 Square 1 Minerals 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 Square 1 Minerals founded?
Square 1 Minerals has been in business since 2012.