SeeBITDAOklahoma

Freedom Operating Company

  • 2250 E 73rd St Ste 500, Tulsa, OK
  • Since 2022
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
Kim Booth
CEO · source

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
401(k) filing, 2025
No reported financials
Company website
Owner named

What they do

Freedom Operating Company applies new technologies to discover new oil in old fields. The site also provides mineral owner forms and information for owners in Lincoln, Ofuskee and Pawnee counties.

Products & services
Discover new oil in old fields
Service area
Lincoln CountyOfuskee CountyPawnee County

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

Employees over time

▲ 14% since 2020
025502020202120222023202420252225
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 550022$7.9M$2.7M
2021Form 550022$7.9M$2.7M
2022Form 550026$9.4M$3.2M
2023Form 550025$9.0M$3.0M
2024Form 550021$7.6M$2.5M
2025Form 550025$9.0M$3.0M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Freedom Operating Company
this business
$1.5M$499K—
SAGE NATURAL RESOURCES LLC
Tulsa
$11.4M$2.8M0.3 mi
Saulsbury
Tulsa
$1.5M$499K1.0 mi
BRG ENERGY INC
Tulsa · 82 employees
$42.1M$9.6M1.0 mi
FIELDPOINT ENERGY SERVICES, LLC
Tulsa · 41 employees
$20.0M$4.5M1.0 mi
KAHAN & ASSOCIATES, INC
Tulsa · 23 employees
$12.0M$2.9M1.0 mi
WEINKAUF PETROLEUM, INC.
Tulsa · 12 employees
$6.0M$1.7M1.0 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$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 Freedom Operating Company

Freedom Operating Company is an oil & gas company in Tulsa, Oklahoma, in business since 2022. It is owned by Kim Booth (CEO). Its estimated annual revenue is about $1.5M, with roughly $499K of EBITDA. It has about 25 employees. Its estimated business value is $1.2M (likely range $310K–$2.5M).

Common questions

Who owns Freedom Operating Company?
Freedom Operating Company is owned by Kim Booth (CEO), according to public sources such as the company's website or filings.
How much revenue does Freedom Operating Company make?
SeeBITDA estimates Freedom Operating Company'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 Freedom Operating Company 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.
How many employees does Freedom Operating Company have?
About 25, from its 2025 retirement-plan filing.
When was Freedom Operating Company founded?
Freedom Operating Company has been in business since 2022.