Richardson Energy, LLC
How we got $444K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RICHARDSON ENERGY, LLC this business | $564K | — |
| RISING SUN ENERGY, LLC Midwest City · 1 employees | $503K | 1.2 mi |
| FLATLANDS THREADING INC Oklahoma City · 6 employees | $2.2M | 3.5 mi |
| Hydrostatic Engineering Oklahoma City | $1.5M | 3.9 mi |
| BUSBY PUMP & SUPPLY, LLC Oklahoma City · 3 employees | $1.1M | 3.9 mi |
| Premier Pressure Control Oklahoma City | $1.5M | 3.9 mi |
| PRO-TECH HARDBANDING SERVICES INC. Oklahoma City · 7 employees | $4.7M | 4.3 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $470K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $521K |
| Estimate: the two combined (geometric mean) | $564K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $222K |
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 | $444K |
| Multiple for this size and industry | 2× |
| Value range | $234K – $608K |
| Revenue range | $371K – $643K |
| EBITDA range | $146K – $253K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 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 | $13K | 1 |
| 1/20/2021 | second | $13K | 1 |
About Richardson Energy, LLC
Richardson Energy, LLC is an oil & gas company in Midwest City, Oklahoma. Its estimated annual revenue is about $564K, with roughly $222K of EBITDA. It has about 1 employees. Its estimated business value is $444K (likely range $234K–$608K).
Common questions
- Who owns Richardson Energy, LLC?
- The owner of Richardson Energy, 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 Richardson Energy, LLC make?
- SeeBITDA estimates Richardson Energy, LLC's annual revenue at about $564K (likely between $371K and $643K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Richardson Energy, LLC worth?
- About $444K, roughly 2× its estimated EBITDA of $222K, typical for a oil & gas company its size. Likely range: $234K–$608K.
- How many employees does Richardson Energy, LLC have?
- About 1, as reported on its PPP loan.