SeeBITDAOklahoma

Prentice Oil Company LLC

Estimated valueMedium confidence
$2.1M
$1.3Mlikely range$3.3M
About 3× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$2.4M
a year
EBITDA
$714K
30% of revenue
Employees
4
reported in 2020
Leadership
Bradley L Prentice
Owner · source
Unlikely to sell soon

How we got $2.1M

Based on 4 employees reported for PPP in 2020, grown 8% a year since.

4 employees (PPP loan, 2020)4
× 1.63 growth (8% a year since 2020)7 today
× $361K revenue per employee (oil & gas)$2.4M
× 30% EBITDA margin$714K
× 3 sale multiple = value$2.1M

Own this business? Correct these figures

Estimated value over time

▲ 103% since 2020
$0$1.2M$2.5M20202026

Today'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

PPP loan, 2020
No 401(k) filing
No reported financials
No website found
Owner named
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 21 years (since 2005)

From public records and the company's website, not a statement that it's for sale.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
PRENTICE OIL COMPANY LLC
this business
$2.4M$714K—
TRINITY OIL AND GAS PRODUCERS LLC
Allen · 2 employees
$1.1M$326K4.1 mi
JOHNSON TANK TRUCK & WELL SERVICE, LLC
Sasakwa · 4 employees
$2.4M$714K7.8 mi
LONE PEAK LAND LLC
Ada · 1 employees
$588K$197K8.4 mi
JEREMY D HUNTER
Holdenville · 1 employees
$537K$180K9.8 mi
D.S OILFIELD CONSULTING
Ada · 1 employees
$588K$197K13.9 mi
D.J.F. SERVICES, INC.
Holdenville · 11 employees
$6.5M$1.6M14.0 mi

Ranges & sources

Revenue range$1.8M – $3.1M
EBITDA range$536K – $929K
Industry (NAICS)Support Activities for Oil and Gas Operations (213112)
Value range$1.3M – $3.3M

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

  • BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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

First United Bank and Trust Company
PPP 2020, PPP 2021
All 2,229 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$35K$35K4First United Bank and Trust Company
2/24/2021second$35K$35K4First United Bank and Trust Company

Public records

DOT motor carrier
USDOT 1420880
Trucks (power units)2
Drivers2
Miles (2023)10,000
Registered with DOT2005

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Prentice Oil Company LLC

Prentice Oil Company LLC is an oil & gas company in Allen, Oklahoma, in business since 2005. It is owned by Bradley L Prentice. Its estimated annual revenue is about $2.4M, with roughly $714K of EBITDA. It has about 4 employees. Its estimated business value is $2.1M (likely range $1.3M–$3.3M).

Common questions

Who owns Prentice Oil Company LLC?
Prentice Oil Company LLC is owned by Bradley L Prentice, according to public sources such as the company's website or filings.
How much revenue does Prentice Oil Company LLC make?
SeeBITDA estimates Prentice Oil Company LLC's annual revenue at about $2.4M (likely between $1.8M and $3.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Prentice Oil Company LLC worth?
About $2.1M, roughly 3× its estimated EBITDA of $714K, typical for a oil & gas company its size. Likely range: $1.3M–$3.3M.
How many employees does Prentice Oil Company LLC have?
About 4, as reported on its PPP loan.
When was Prentice Oil Company LLC founded?
Prentice Oil Company LLC has been in business since 2005.