Chemoil Energy
How we got $926K
Based on typical figures for its industry (2022 Economic Census), not its own records.
Employees over time
▲ 167% since 2022Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2022 | Form 5500 | 154 | $15.4M |
| 2023 | Form 5500 | 408 | $40.8M |
| 2024 | Form 5500 | 411 | $41.2M |
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
- Acquired by Argonaut Private Equity (2023)
From public records and the company's website, not a statement that it's for sale.
Ownership & transactions
- Acquired by Argonaut Private Equity · Nov 2023Argonaut Private Equity acquired Chemoil Energy Services from Glencore on November 15, 2023.Source
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Chemoil Energy this business | $2.5M | — |
| Mcsg Technologies Oklahoma City | $1.3M | 0.0 mi |
| Fête OKC Oklahoma City | $1.1M | 0.1 mi |
| The 1906 Room at Bricktown Brewery Oklahoma City | $1.1M | 0.1 mi |
| Skyline on Bricktown Canal Oklahoma City | $1.1M | 0.1 mi |
| Destination Oklahoma Oklahoma City | $3.2M | 0.1 mi |
| Calvient Oklahoma City | $1.3M | 0.1 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 | $926K |
| Multiple for this size and industry | 3× |
| Value range | $229K – $1.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Administrative and support and waste management and remediation services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (12%). Treat these as a rough guide.
| Revenue range | $781K – $3.8M |
| EBITDA range | $96K – $460K |
| Industry (NAICS) | Administrative and support and waste management and remediation services (56) |
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
Advisors
- AccountingPkf O'Connor Davies, LLPAudits its 401(k) plan (2024 filing)
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
| 4 E Sheridan Ave #400 | Oklahoma City | This listing |
| 2100 SE 15th St | Oklahoma City | View |
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 Chemoil Energy
Chemoil Energy is an administrative and support and waste management and remediation services company in Oklahoma City, Oklahoma, in business since 2011. Its estimated annual revenue is about $2.5M, with roughly $309K of EBITDA. It has about 411 employees. Its estimated business value is $926K (likely range $229K–$1.7M). It has 2 locations.
Common questions
- Who owns Chemoil Energy?
- The owner of Chemoil Energy 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 Chemoil Energy make?
- SeeBITDA estimates Chemoil Energy's annual revenue at about $2.5M (likely between $781K and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Chemoil Energy worth?
- About $926K, roughly 3× its estimated EBITDA of $309K, typical for a administrative and support and waste management and remediation services company its size. Likely range: $229K–$1.7M.
- How many employees does Chemoil Energy have?
- About 411, from its 2024 retirement-plan filing.
- When was Chemoil Energy founded?
- Chemoil Energy has been in business since 2011.