Ranken Energy Corporation
How we got $22.5M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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.
Employees over time
▼ 50% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 6 | $19.9M |
| 2020 | Form 5500 | 5 | $16.6M |
| 2021 | Form 5500 | 3 | $9.9M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RANKEN ENERGY CORPORATION this business | $21.1M | — |
| TILFORD PINSON EXPLORATION LLC Edmond · 2 employees | $12.3M | 0.8 mi |
| OKLAHOMA OIL & GAS MANAGEMENT, INC. Edmond · 5 employees | $14.8M | 1.2 mi |
| WELL-SITE MANAGEMENT LLC Edmond · 1 employees | $4.4M | 1.2 mi |
| MIDWESTERN EXPLORATION CO. Edmond · 4 employees | $13.0M | 1.3 mi |
| WOLVERINE DIRECTIONAL Edmond · 3 employees | $15.8M | 1.3 mi |
| BARON EXPLORATION COMPANY Edmond · 5 employees | $20.1M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $23.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.6M |
| Estimate: the two combined (geometric mean) | $21.1M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.8M |
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 | $22.5M |
| Multiple for this size and industry | 4.7× |
| Value range | $11.9M – $30.8M |
| Revenue range | $13.9M – $24.1M |
| EBITDA range | $3.2M – $5.5M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingProsperity 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
| Prosperity Bank PPP 2020, PPP 2021 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $77K | 6 |
| 3/26/2021 | second | $68K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ranken Energy Corporation
Ranken Energy Corporation is a crude petroleum extraction company in Edmond, Oklahoma. Its estimated annual revenue is about $21.1M, with roughly $4.8M of EBITDA. It has about 3 employees. Its estimated business value is $22.5M (likely range $11.9M–$30.8M).
Common questions
- Who owns Ranken Energy Corporation?
- The owner of Ranken Energy Corporation 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 Ranken Energy Corporation make?
- SeeBITDA estimates Ranken Energy Corporation's annual revenue at about $21.1M (likely between $13.9M and $24.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ranken Energy Corporation worth?
- About $22.5M, roughly 4.7× its estimated EBITDA of $4.8M, typical for a crude petroleum extraction company its size. Likely range: $11.9M–$30.8M.
- How many employees does Ranken Energy Corporation have?
- About 3, from its 2021 retirement-plan filing.