Simons Petroleum
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 Some signs of a sale
- In business 31 years (since 1995)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Simons Petroleum this business | $1.5M | — |
| Oxy USA Guymon | $1.5M | 0.2 mi |
| M&M HOIT OIL SERVICE LLC Guymon · 1 employees | $612K | 1.3 mi |
| M & M HOT OIL SERVICE, LLC Guymon · 1 employees | $612K | 1.3 mi |
| D & M TECHNOLOGIES INC Guymon · 10 employees | $3.4M | 2.1 mi |
| TAPPING SOLUTIONS, LLC Guymon · 7 employees | $3.5M | 2.1 mi |
| ALLEN'S INC Guymon · 7 employees | $2.3M | 2.3 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 Simons Petroleum
Simons Petroleum is an oil & gas company in Guymon, Oklahoma, in business since 1995. 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 Simons Petroleum?
- The owner of Simons Petroleum 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 Simons Petroleum make?
- SeeBITDA estimates Simons Petroleum'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 Simons Petroleum 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 Simons Petroleum founded?
- Simons Petroleum has been in business since 1995.