Perimeter Exploration, LLC
How we got $6.1M
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 31% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PERIMETER EXPLORATION, LLC this business | $5.8M | — |
| CAMBRIA ENERGY, LLC Oklahoma City · 2 employees | $7.7M | 0.4 mi |
| WESTERN OIL AND GAS DEVELOPMENT CORP. Oklahoma City · 9 employees | $30.7M | 0.4 mi |
| PARK ENERGY SERVICES, LLC Oklahoma City · 83 employees | $387.9M | 0.4 mi |
| NORTH BY NORTHWEST LLC Oklahoma City · 2 employees | $6.5M | 0.5 mi |
| RILEY EXPLORATION - PERMIAN LLC Oklahoma City | $392.0M | 0.6 mi |
| CARDINAL RIVER ENERGY I LLC Oklahoma City · 6 employees | $30.3M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $4.8M |
| Revenue = employees × revenue per employee | $5.8M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.6M |
| Cross-check: revenue implied by PPP payroll | $554K |
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 | $6.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.9M – $8.6M |
| Revenue range | $3.4M – $6.8M |
| EBITDA range | $945K – $1.9M |
| Industry (NAICS) | Natural Gas Extraction (211130) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingBancFirstPPP / SBA lender
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 Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $2K | 1 |
About Perimeter Exploration, LLC
Perimeter Exploration, LLC is a natural gas extraction company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $5.8M, with roughly $1.6M of EBITDA. It has about 1 employees. Its estimated business value is $6.1M (likely range $2.9M–$8.6M).
Common questions
- Who owns Perimeter Exploration, LLC?
- The owner of Perimeter Exploration, LLC 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 Perimeter Exploration, LLC make?
- SeeBITDA estimates Perimeter Exploration, LLC's annual revenue at about $5.8M (likely between $3.4M and $6.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Perimeter Exploration, LLC worth?
- About $6.1M, roughly 3.8× its estimated EBITDA of $1.6M, typical for a natural gas extraction company its size. Likely range: $2.9M–$8.6M.
- How many employees does Perimeter Exploration, LLC have?
- About 1, as reported on its PPP loan.