Potter Oil Company, Inc
- Arlan PotterPoster of website post (role not stated) · Company website
How we got $2.8M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
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.
What they do
OKPotter Properties is a real estate company dedicated to providing quality homes for residents of Enid, Oklahoma, offering apartment and single family home rentals and property management.
From the company's website. Industry: Oil & gas.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GORE INVESTMENTS, LLC · Seiling, 61 mi · $482.2M
- WATERMARK CANTERBURY, LLC · Oklahoma City, 59 mi · $133.0M
- COATES FIELD SERVICE, INC. · Oklahoma City, 64 mi · $107.8M
- QUAIL RIDGE SENIOR DEVELOPMENT, LLC · Oklahoma City, 58 mi · $61.4M
- STEVEN B HOMES INC · Oklahoma City, 64 mi · $56.8M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| POTTER OIL COMPANY, INC this business | $3.1M | — |
| Ward Energy Companies Enid | $1.5M | 0.2 mi |
| DRILLING MUD SUPPLY INC Enid · 1 employees | $712K | 0.2 mi |
| NEMAHA ENVIRONMENTAL SERVICES LLC Enid · 23 employees | $12.0M | 1.0 mi |
| NEMANHA ENVIRONMENTAL SERVICES LLC Enid · 23 employees | $12.0M | 1.0 mi |
| HOTSY OF OKLAHOMA INC Enid · 16 employees | $6.2M | 1.0 mi |
| K3 LLC Enid · 7 employees | $3.1M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $937K |
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 | $2.8M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $3.8M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $617K – $1.1M |
| 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
History & advisors
Advisors
- BankingStride Bank, National AssociationPPP / 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
| Stride Bank, National Association PPP 2020, PPP 2021 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/25/2020 | first | $75K | 6 |
| 1/27/2021 | second | $75K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Potter Oil Company, Inc
Potter Oil Company, Inc is an oil & gas company in Enid, Oklahoma, in business since 1998. It is owned by Steve Potter (President). Its estimated annual revenue is about $3.1M, with roughly $937K of EBITDA. It has about 6 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).
Common questions
- Who owns Potter Oil Company, Inc?
- Potter Oil Company, Inc is owned by Steve Potter (President), according to public sources such as the company's website or filings.
- How much revenue does Potter Oil Company, Inc make?
- SeeBITDA estimates Potter Oil Company, Inc's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Potter Oil Company, Inc worth?
- About $2.8M, roughly 3× its estimated EBITDA of $937K, typical for a oil & gas company its size. Likely range: $1.5M–$3.8M.
- How many employees does Potter Oil Company, Inc have?
- About 6, as reported on its PPP loan.
- When was Potter Oil Company, Inc founded?
- Potter Oil Company, Inc has been in business since 1998.