SeeBITDAOklahoma

Olg Propane

Fuel Dealers
Company websiteolgpropaneok.comFind on LinkedInSearch LinkedIn for this company
Estimated valueLow confidence
$5.0M
$1.1Mlikely range$10.0M
About 4.3× its yearly profit, typical for a company this size in its industry.
Revenue
$19.3M
a year
Profit (EBITDA)
$1.2M
6% of revenue
Employees
—
not reported
Leadership
Ken Green
President · source · confirmed by 2 sources
Some signs of a sale
Request removal or correction
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $5.0M

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

A typical fuel dealers business in Oklahoma$19.3M
Revenue$19.3M
× 6% profit margin$1.2M
× 4.3 sale multiple = value$5.0M

· Own this business? Correct these figures

What we know

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

Signs of a sale Some signs of a sale

  • In business 89 years (since 1937)
  • Family in the business (Karen Green, Vice President)

From public records and the company's website, not a statement that it's for sale.

What they do

OLG Propane (Oklahoma Liquefied Gas) provides propane delivery, tank leasing and service to Oklahoma homes, farms and businesses. It describes itself as Oklahoma's largest family-owned propane company.

Products & services
tank leasingKeep-Full ProgramBudget Programbulk propane storagegenerator fuelingcustomized delivery programstank monitoring systems24/7 emergency response
Markets served
ResidentialAgriculturalCommercialschoolshospitalssmall shops
Service area
Oklahoma17 counties

From the company's website. Industry: Fuel Dealers.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Schools & training

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Olg Propane
this business
$19.3M$1.2M—
Mazzella
Oklahoma City
$9.6M$660K0.1 mi
BRANAN OILFIELD SALES LLC
Oklahoma City · 5 employees
$4.3M$392K0.2 mi
Precision Fitting & Gauge (Hose Production Facility)
Oklahoma City
$9.6M$660K0.2 mi
CENTRAL FORD/NEW HOLLAND, INC.
Oklahoma City · 31 employees
$24.8M$1.7M0.2 mi
RANDALL FIVE INC
Oklahoma City · 18 employees
$15.0M$1.1M0.3 mi
M5, INCORPORATED
Oklahoma City · 16 employees
$20.1M$1.4M0.3 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$5.0M
Multiple for this size and industry4.3×
Value range$1.1M – $10.0M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Fuel Dealers 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$5.2M – $32.1M
EBITDA range$311K – $1.9M
Industry (NAICS)Fuel Dealers (457210)

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

Founded 1937 by J.O. GreenFamily-owned · 5th generation

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.

2 locations

8308 SW 3rd StOklahoma CityThis listing
3500 Boren BoulevardSeminoleView

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 Olg Propane

Olg Propane is a family-owned fuel dealers company in Oklahoma City, Oklahoma, in business since 1937. It is owned by Ken Green (President). Its estimated annual revenue is about $19.3M, with roughly $1.2M of EBITDA. Its estimated business value is $5.0M (likely range $1.1M–$10.0M). It has 2 locations.

Common questions

Who owns Olg Propane?
Olg Propane is owned by Ken Green (President), according to public sources such as the company's website or filings.
How much revenue does Olg Propane make?
SeeBITDA estimates Olg Propane's annual revenue at about $19.3M (likely between $5.2M and $32.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Olg Propane worth?
About $5.0M, roughly 4.3× its estimated EBITDA of $1.2M, typical for a fuel dealers company its size. Likely range: $1.1M–$10.0M.
When was Olg Propane founded?
Olg Propane has been in business since 1937.