Phoenix Oil & Gas, Inc.
How we got $5.3M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 5% 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 |
|---|---|---|
| PHOENIX OIL & GAS, INC. this business | $5.4M | — |
| TIGER TRUCKS INCORPORATED Seminole · 22 employees | $11.4M | 2.2 mi |
| DAKOTA ROYALTIES, INC. Seminole · 2 employees | $685K | 2.5 mi |
| MIDWEST LOGGING & PERFORATING, INC. Seminole · 2 employees | $930K | 2.6 mi |
| Seminole Mud Co. Seminole | $1.5M | 2.9 mi |
| OKLAHOMA PIPE SALES, INC. Seminole · 4 employees | $2.9M | 3.1 mi |
| MILLS WELL SERVICE, INC. Seminole · 50 employees | $24.4M | 4.5 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $5.4M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.5M |
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 | $5.3M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.8M – $7.3M |
| Revenue range | $3.5M – $6.1M |
| EBITDA range | $976K – $1.7M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingSovereign 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 Roles are as stated there and may be out of date.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
| Sovereign Bank PPP 2020, PPP 2021 | All 304 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $142K | 10 |
| 2/26/2021 | second | $143K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Phoenix Oil & Gas, Inc.
Phoenix Oil & Gas, Inc. is an oil & gas company in Seminole, Oklahoma, in business since 1998. Its estimated annual revenue is about $5.4M, with roughly $1.5M of EBITDA. It has about 11 employees. Its estimated business value is $5.3M (likely range $2.8M–$7.3M).
Common questions
- Who owns Phoenix Oil & Gas, Inc.?
- The owner of Phoenix Oil & Gas, Inc. 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 Phoenix Oil & Gas, Inc. make?
- SeeBITDA estimates Phoenix Oil & Gas, Inc.'s annual revenue at about $5.4M (likely between $3.5M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Phoenix Oil & Gas, Inc. worth?
- About $5.3M, roughly 3.6× its estimated EBITDA of $1.5M, typical for a oil & gas company its size. Likely range: $2.8M–$7.3M.
- How many employees does Phoenix Oil & Gas, Inc. have?
- About 11, as reported on its PPP loan.
- When was Phoenix Oil & Gas, Inc. founded?
- Phoenix Oil & Gas, Inc. has been in business since 1998.