SeeBITDAOklahoma

Ramsey Oil Company

Oil & gas
  • 4410 Oklahoma Ave, Woodward, OK
  • Since 2004
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
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon
ramseyoil.comLinkedIn
Contact
Find the owner on RocketReach Request removal or correction

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 not found

Signs of a sale Unlikely to sell soon

  • In business 22 years (since 2004)

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

What they do

Ramsey Oil is a distributor of oils and industrial lubricants serving the oil field, farm and industrial sectors, and also offers propane and fuel services.

Products & services
Oil and LubesPropaneFuelbulk fuel deliveryShell LubricantsRoyal Purple LubricantsBel Ray LubricantsPhillips 66 LubricantsGreasesSpray / Aerosol ProductsMachine Shop LubesSpecialty Products
Markets served
oil fieldfarmindustrial sectorsagricultureconstructionmanufacturing industries
Service area
KansasMissouriOklahomaTexasCentral United StatesYoderMcPherson
Certifications
STLE CLS

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

Customers & suppliers

Suppliers & brands

  • Shell · brand it sells or installs
  • Royal Purple · brand it sells or installs
  • Bel Ray · brand it sells or installs
  • Phillips 66 · brand it sells or installs

Possible customers nearby

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

Farms & ranches
Manufacturing

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Ramsey Oil Company
this business
$1.5M$499K—
J&R DIRT WORKS LLC
Woodward · 2 employees
$927K$312K0.1 mi
J&R SERVICE COMPANY, INC.
Woodward · 1 employees
$713K$281K0.1 mi
HIGH PLAINS LOGISTICS LLC
Woodward · 1 employees
$557K$219K0.1 mi
ELITE CASING SERVICES, INC.
Woodward · 24 employees
$10.7M$2.6M0.1 mi
APOLLO OILFIELD SUPPLY LLC
Woodward · 1 employees
$505K$199K0.2 mi
OILFIELD PUMP SPECIALISTS & SUPPLY, INC.
Woodward · 7 employees
$3.5M$1.1M0.2 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

People & advisors

Leadership

  • TJ
    Trae Jones
    General Manager · Company website · source
  • GR
    Glenn Ritter
    Operations Manager · Company website · source
  • JB
    Jeff Bartlett
    Sales Manager · Company website · source
  • JK
    John Kruse
    Sales Engineer · Company website · source
  • AK
    Amber Klug
    Accounting Administrator · Company website · source
  • JL
    Jonni Labs
    Propane & Fuel Administrator · Company website · source
  • SS
    Stacy Salisbury
    Facility Manager – Woodward, OK · Company website · source
  • DP
    David Phillips
    Corporate Accountant · Company website · source
  • MM
    Marty Mashak
    Propane Supervisor · Company website · source
  • WB
    William Beck
    Facility manager – Chanute, KS · Company website · source
  • JW
    Jaci Waker
    Administrator · Company website · source
  • LT
    Lance Trostle
    Propane & Fuel Manager · Company website · source

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 Ramsey Oil Company

Ramsey Oil Company is an oil & gas company in Woodward, Oklahoma, in business since 2004. 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 Ramsey Oil Company?
The owner of Ramsey Oil Company 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 Ramsey Oil Company make?
SeeBITDA estimates Ramsey Oil 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 Ramsey Oil 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.
When was Ramsey Oil Company founded?
Ramsey Oil Company has been in business since 2004.