River Rock Operating Company
How we got $19.7M
Based on its 35 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 |
|---|---|---|
| RIVER ROCK OPERATING COMPANY this business | $19.7M | — |
| Northwest Royalty, Llc Oklahoma City | $1.5M | 0.0 mi |
| Twisted Oak Operating, Llc Oklahoma City | $1.5M | 0.0 mi |
| BOFS MANAGEMENT LLC Oklahoma City · 494 employees | $301.1M | 0.1 mi |
| RKI VENTURES, LLC Oklahoma City · 34 employees | $26.5M | 0.1 mi |
| SWC PRODUCTION INC Oklahoma City · 5 employees | $2.3M | 0.1 mi |
| VALIANT ARTIFICIAL LIFT SOLUTIONS LLC Oklahoma City · 115 employees | $100.2M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.1M |
| Estimate: the two combined (geometric mean) | $19.7M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.5M |
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 | $19.7M |
| Multiple for this size and industry | 4.4× |
| Value range | $10.3M – $26.9M |
| Revenue range | $12.9M – $22.4M |
| EBITDA range | $2.9M – $5.1M |
| 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
People & advisors
Advisors
- BankingCadence Bank, Transportation Alliance Bank, Inc. d/b/a TAB 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 Roles are as stated there and may be out of date.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
| Cadence Bank PPP 2020 | All 28 borrowers → |
| Transportation Alliance Bank, Inc. d/b/a TAB Bank PPP 2021 | All 14 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $541K | 34 |
| 2/22/2021 | second | $478K | 35 |
About River Rock Operating Company
River Rock Operating Company is an oil & gas company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $19.7M, with roughly $4.5M of EBITDA. It has about 35 employees. Its estimated business value is $19.7M (likely range $10.3M–$26.9M).
Common questions
- Who owns River Rock Operating Company?
- The owner of River Rock Operating Company 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 River Rock Operating Company make?
- SeeBITDA estimates River Rock Operating Company's annual revenue at about $19.7M (likely between $12.9M and $22.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is River Rock Operating Company worth?
- About $19.7M, roughly 4.4× its estimated EBITDA of $4.5M, typical for a oil & gas company its size. Likely range: $10.3M–$26.9M.
- How many employees does River Rock Operating Company have?
- About 35, as reported on its PPP loan.