Prairie Oil & Gas, LLC
- Jason Frytitle manager · Company website
How we got $1.1M
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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 |
|---|---|---|
| PRAIRIE OIL & GAS, LLC this business | $1.4M | — |
| LOCKMAR RESOURCES, LLC Norman · 4 employees | $1.5M | 0.3 mi |
| LEDFORDS FLOWBACK LLC Norman · 1 employees | $803K | 0.4 mi |
| LAURA ASHFORD Norman · 1 employees | $523K | 0.5 mi |
| PAGOSA PINES LLC Norman · 1 employees | $449K | 0.5 mi |
| GRIMSTAR ENERGY, LLC Norman · 1 employees | $711K | 0.9 mi |
| HAYS WILSON PRODUCTION INC Norman · 1 employees | $557K | 0.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $454K |
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $573K – $1.5M |
| Revenue range | $888K – $1.5M |
| EBITDA range | $298K – $517K |
| 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. 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
- BankingArvest Bank, Armstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2021 | All 1,355 borrowers → |
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $38K | 2 |
| 1/22/2021 | second | $21K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Prairie Oil & Gas, LLC
Prairie Oil & Gas, LLC is an oil & gas company in Norman, Oklahoma, in business since 2015. It is owned by Tyler McKaig (Founding Partner). Its estimated annual revenue is about $1.4M, with roughly $454K of EBITDA. It has about 2 employees. Its estimated business value is $1.1M (likely range $573K–$1.5M).
Common questions
- Who owns Prairie Oil & Gas, LLC?
- Prairie Oil & Gas, LLC is owned by Tyler McKaig (Founding Partner), according to public sources such as the company's website or filings.
- How much revenue does Prairie Oil & Gas, LLC make?
- SeeBITDA estimates Prairie Oil & Gas, LLC's annual revenue at about $1.4M (likely between $888K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Prairie Oil & Gas, LLC worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $454K, typical for a oil & gas company its size. Likely range: $573K–$1.5M.
- How many employees does Prairie Oil & Gas, LLC have?
- About 2, as reported on its PPP loan.
- When was Prairie Oil & Gas, LLC founded?
- Prairie Oil & Gas, LLC has been in business since 2015.