Redsky Land, LLC
How we got $5.0M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 8 | $2.9M |
| 2020 | Form 5500 | 1 | $361K |
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| REDSKY LAND, LLC this business | $5.0M | — |
| CENTENNIAL LAND COMPANY Edmond · 2 employees | $1.3M | 0.1 mi |
| SEC PRODUCTION, INC Edmond · 2 employees | $854K | 0.3 mi |
| DOWDY LAND SERVICES LLC Edmond · 2 employees | $981K | 0.5 mi |
| COMBINED RESOURCES CORPRATION Edmond · 5 employees | $3.1M | 0.6 mi |
| Qv Resources, Llc Edmond | $1.5M | 0.6 mi |
| CHEROKEE PIPELINE CORPORATION Edmond · 1 employees | $751K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.3M |
| Estimate: the two combined (geometric mean) | $5.0M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.0M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.6M – $6.8M |
| Revenue range | $3.3M – $5.7M |
| EBITDA range | $912K – $1.6M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBOKF, National Association, RCB 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
| RCB Bank PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $169K | 8 |
| 1/29/2021 | second | $83K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Redsky Land, LLC
Redsky Land, LLC is an oil & gas company in Edmond, Oklahoma, in business since 2002. Its estimated annual revenue is about $5.0M, with roughly $1.4M of EBITDA. It has about 1 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.8M).
Common questions
- Who owns Redsky Land, LLC?
- The owner of Redsky Land, LLC 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 Redsky Land, LLC make?
- SeeBITDA estimates Redsky Land, LLC's annual revenue at about $5.0M (likely between $3.3M and $5.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Redsky Land, LLC worth?
- About $5.0M, roughly 3.6× its estimated EBITDA of $1.4M, typical for a oil & gas company its size. Likely range: $2.6M–$6.8M.
- How many employees does Redsky Land, LLC have?
- About 1, from its 2020 retirement-plan filing.
- When was Redsky Land, LLC founded?
- Redsky Land, LLC has been in business since 2002.