Rockwell Energy Resources, LLC
- Tyler LucasManager · Company website
How we got $5.1M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
128 Energy Holdings is a private, independent oil and natural gas investment company that acquires oil and gas assets. It purchases mineral, royalty, and leasehold interests from oil and gas interest owners.
From the company's website. Industry: All Other Professional, Scientific, and Technical Services.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 5 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 6 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 6 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 3 mi · $711.7M
- T/J INSPECTION, INC. · Del City, 9 mi · $651.7M
Estimated value over time
▼ 13% 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 |
|---|---|---|
| ROCKWELL ENERGY RESOURCES, LLC this business | $6.9M | — |
| City Paws Urgent Care Oklahoma City | $1.2M | 0.2 mi |
| ALTUS MOMENTUM CONSULTING LLC Oklahoma City · 2 employees | $811K | 0.2 mi |
| ERIC WOODS Oklahoma City · 1 employees | $382K | 0.2 mi |
| HELPING HANDS ADJUSTERS Oklahoma City · 1 employees | $382K | 0.2 mi |
| CREDIT COACH LLC Oklahoma City · 4 employees | $1.2M | 0.3 mi |
| TIFFANY ENTERPRISES LLC Oklahoma City · 13 employees | $4.3M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.4M |
| Estimate: the two combined (geometric mean) | $6.9M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.1M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.7M – $7.0M |
| Revenue range | $4.6M – $7.9M |
| EBITDA range | $748K – $1.3M |
| Industry (NAICS) | All Other Professional, Scientific, and Technical Services (541990) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Evan Mehaffey co-founded 128 Energy Holdings and its affiliate company 128 Holdings, as well as founding Rockwell Energy Resources.”
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 | 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 |
|---|---|---|---|
| 4/14/2020 | first | $318K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rockwell Energy Resources, LLC
Rockwell Energy Resources, LLC is an all other professional, scientific, and technical services company in Oklahoma City, Oklahoma, in business since 2020. It is owned by Evan Mehaffey (Co-founder). Its estimated annual revenue is about $6.9M, with roughly $1.1M of EBITDA. It has about 18 employees. Its estimated business value is $5.1M (likely range $2.7M–$7.0M).
Common questions
- Who owns Rockwell Energy Resources, LLC?
- Rockwell Energy Resources, LLC is owned by Evan Mehaffey (Co-founder), according to public sources such as the company's website or filings.
- How much revenue does Rockwell Energy Resources, LLC make?
- SeeBITDA estimates Rockwell Energy Resources, LLC's annual revenue at about $6.9M (likely between $4.6M and $7.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rockwell Energy Resources, LLC worth?
- About $5.1M, roughly 4.5× its estimated EBITDA of $1.1M, typical for a all other professional, scientific, and technical services company its size. Likely range: $2.7M–$7.0M.
- How many employees does Rockwell Energy Resources, LLC have?
- About 18, as reported on its PPP loan.
- When was Rockwell Energy Resources, LLC founded?
- Rockwell Energy Resources, LLC has been in business since 2020.