Pride Energy Company
How we got $1.1M
Based on its 10 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 45 years (since 1981)
- Family in the business (John W. Pride, Co-owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Pride Energy Company is an oil and gas company in Tulsa, OK, offering Owner Relations and Accounts Payable services; the site notes it now offers direct deposit to revenue owners.
From the company's website. Industry: Oil and Gas Pipeline and Related Structures Construction.
Estimated value over time
▲ 4% 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 |
|---|---|---|
| PRIDE ENERGY COMPANY this business | $3.5M | — |
| COLORADO INSPECTION, LLC Tulsa · 1 employees | $751K | 0.9 mi |
| CIELO VISTA CORROSION INC Tulsa · 1 employees | $421K | 1.6 mi |
| REDD RIDGE CONSULTING LLC Tulsa · 11 employees | $6.6M | 2.0 mi |
| BRANCH COMMUNICATIONS, LLC Tulsa · 30 employees | $17.3M | 2.5 mi |
| CRB COMPANIES, LLC Tulsa · 17 employees | $9.7M | 2.5 mi |
| Anchor Drilling Fluids Usa Inc Tulsa | $5.8M | 2.9 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.6M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $464K |
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 | 2.3× |
| Value range | $562K – $1.5M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $305K – $529K |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
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
“Since the company's inception in 1981, Pride Energy Company has delivered oil and gas production and performance without sacrificing integrity.”
Leadership
- JWJohn W. PrideCo-owner · Company website · source
Advisors
- BankingBOKF, 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $90K | 10 |
| 2/16/2021 | second | $98K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Pride Energy Company
Pride Energy Company is an oil and gas pipeline and related structures construction company in Tulsa, Oklahoma, in business since 1981. It is owned by Matthew L. Pride (Co-owner). Its estimated annual revenue is about $3.5M, with roughly $464K of EBITDA. It has about 10 employees. Its estimated business value is $1.1M (likely range $562K–$1.5M).
Common questions
- Who owns Pride Energy Company?
- Pride Energy Company is owned by Matthew L. Pride (Co-owner), according to public sources such as the company's website or filings.
- How much revenue does Pride Energy Company make?
- SeeBITDA estimates Pride Energy Company's annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pride Energy Company worth?
- About $1.1M, roughly 2.3× its estimated EBITDA of $464K, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $562K–$1.5M.
- How many employees does Pride Energy Company have?
- About 10, as reported on its PPP loan.
- When was Pride Energy Company founded?
- Pride Energy Company has been in business since 1981.