Petroglobe Energy, LLC
How we got $19.6M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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 |
|---|---|---|
| PETROGLOBE ENERGY, LLC this business | $18.4M | — |
| PRAIRIE GAS COMPANY OF OKLAHOMA LLC Tulsa · 24 employees | $124.0M | 0.0 mi |
| GEMINI OIL COMPANY INC Tulsa · 5 employees | $16.1M | 0.1 mi |
| MARJO OPERATING MID-CONTINENT LLC Tulsa · 10 employees | $41.2M | 0.1 mi |
| ORCA RESOURCES, LLC Tulsa · 4 employees | $13.4M | 0.1 mi |
| SHANE SAUNDERS Tulsa · 1 employees | $4.6M | 0.1 mi |
| TRIDENT ENERGY, INC. Tulsa · 1 employees | $4.6M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $19.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.3M |
| Estimate: the two combined (geometric mean) | $18.4M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.2M |
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 | $19.6M |
| Multiple for this size and industry | 4.7× |
| Value range | $10.3M – $26.9M |
| Revenue range | $12.1M – $21.0M |
| EBITDA range | $2.7M – $4.8M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingGrand BankPPP / 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 Roles are as stated there and may be out of date.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
| Grand Bank PPP 2020, PPP 2021 | All 407 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $70K | 5 |
| 1/19/2021 | second | $70K | 5 |
About Petroglobe Energy, LLC
Petroglobe Energy, LLC is a crude petroleum extraction company in Tulsa, Oklahoma. Its estimated annual revenue is about $18.4M, with roughly $4.2M of EBITDA. It has about 5 employees. Its estimated business value is $19.6M (likely range $10.3M–$26.9M).
Common questions
- Who owns Petroglobe Energy, LLC?
- The owner of Petroglobe Energy, 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 Petroglobe Energy, LLC make?
- SeeBITDA estimates Petroglobe Energy, LLC's annual revenue at about $18.4M (likely between $12.1M and $21.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Petroglobe Energy, LLC worth?
- About $19.6M, roughly 4.7× its estimated EBITDA of $4.2M, typical for a crude petroleum extraction company its size. Likely range: $10.3M–$26.9M.
- How many employees does Petroglobe Energy, LLC have?
- About 5, as reported on its PPP loan.