Rock Island Exploration, LLC
How we got $10.1M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ROCK ISLAND EXPLORATION, LLC this business | $8.8M | — |
| B&W OPERATING LLC Oklahoma City · 7 employees | $20.8M | 0.4 mi |
| COMANCHE RESOURCES COMPANY Oklahoma City · 49 employees | $211.4M | 0.4 mi |
| BIGHEART HOLDINGS, INC. Oklahoma City · 6 employees | $27.8M | 0.5 mi |
| PE KONAWA LLC Oklahoma City · 6 employees | $16.4M | 0.5 mi |
| SEQUOYAH ENERGY HOLDINGS, LLC Oklahoma City · 3 employees | $13.9M | 0.5 mi |
| TEOCALLI EXPORATION, LLC Oklahoma City · 9 employees | $35.3M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.0M |
| Estimate: the two combined (geometric mean) | $8.8M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.1M |
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 | $10.1M |
| Multiple for this size and industry | 4.7× |
| Value range | $5.3M – $13.8M |
| Revenue range | $5.8M – $10.0M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- 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 Roles are as stated there and may be out of date.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, PPP 2021 | 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 | $26K | 3 |
| 3/3/2021 | second | $24K | 3 |
2 locations
| 7220 N Classen Blvd | Oklahoma City | This listing |
| 6301 Waterford Blvd Ste 201 | Oklahoma City | View |
Revenue, profit and value are for the whole company.
About Rock Island Exploration, LLC
Rock Island Exploration, LLC is a crude petroleum extraction company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $8.8M, with roughly $2.1M of EBITDA. It has about 3 employees. Its estimated business value is $10.1M (likely range $5.3M–$13.8M). It has 2 locations.
Common questions
- Who owns Rock Island Exploration, LLC?
- The owner of Rock Island Exploration, 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 Rock Island Exploration, LLC make?
- SeeBITDA estimates Rock Island Exploration, LLC's annual revenue at about $8.8M (likely between $5.8M and $10.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rock Island Exploration, LLC worth?
- About $10.1M, roughly 4.7× its estimated EBITDA of $2.1M, typical for a crude petroleum extraction company its size. Likely range: $5.3M–$13.8M.
- How many employees does Rock Island Exploration, LLC have?
- About 3, as reported on its PPP loan.