Rambin Petroleum Inc
How we got $37.0M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 23% 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 |
|---|---|---|
| RAMBIN PETROLEUM INC this business | $162.8M | — |
| W TWO PLUS LLC Bixby | $496.1M | 19.0 mi |
| OKEMAH OIL CO INC Okemah · 3 employees | $29.2M | 24.6 mi |
| CYCLONE PETROLEUM, INC. Jenks · 5 employees | $103.2M | 25.2 mi |
| DON BERTALOTTO LLC Tulsa · 2 employees | $25.0M | 25.6 mi |
| SPECTRUM LNG, LLC Tulsa · 9 employees | $95.9M | 26.6 mi |
| AVP METRO PETROLEUM LLC Tulsa · 103 employees | $777.0M | 27.8 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $191.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $106.3M |
| Estimate: the two combined (geometric mean) | $162.8M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $6.0M |
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 | $37.0M |
| Multiple for this size and industry | 6.2× |
| Value range | $19.5M – $50.7M |
| Revenue range | $107.1M – $185.6M |
| EBITDA range | $3.9M – $6.8M |
| Industry (NAICS) | Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals) (424720) |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $124K | 11 |
About Rambin Petroleum Inc
Rambin Petroleum Inc is a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company in Okmulgee, Oklahoma. Its estimated annual revenue is about $162.8M, with roughly $6.0M of EBITDA. It has about 11 employees. Its estimated business value is $37.0M (likely range $19.5M–$50.7M).
Common questions
- Who owns Rambin Petroleum Inc?
- The owner of Rambin Petroleum 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 Rambin Petroleum Inc make?
- SeeBITDA estimates Rambin Petroleum Inc's annual revenue at about $162.8M (likely between $107.1M and $185.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rambin Petroleum Inc worth?
- About $37.0M, roughly 6.2× its estimated EBITDA of $6.0M, typical for a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) company its size. Likely range: $19.5M–$50.7M.
- How many employees does Rambin Petroleum Inc have?
- About 11, as reported on its PPP loan.