Russell Oil Inc.
How we got $14.7M
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 23% since 2021Today'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 |
|---|---|---|
| RUSSELL OIL INC. this business | $12.9M | — |
| QUANTENT ENERGY MANAGEMENT LLC Edmond | $31.9M | 1.5 mi |
| CINNAMON RESOURCES LLC Edmond · 2 employees | $9.3M | 1.8 mi |
| VON MARTIN LLC Edmond · 1 employees | $5.1M | 1.8 mi |
| SINGER OIL CO, LLC Edmond · 7 employees | $26.2M | 2.1 mi |
| FREEPOINT PIPE AND SUPPLY INC. Edmond · 6 employees | $23.9M | 2.4 mi |
| ABC ENERGY COMPANY, LLC Edmond · 1 employees | $4.6M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.1M |
| Estimate: the two combined (geometric mean) | $12.9M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $3.1M |
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 | $14.7M |
| Multiple for this size and industry | 4.7× |
| Value range | $7.8M – $20.2M |
| Revenue range | $8.5M – $14.7M |
| EBITDA range | $2.1M – $3.6M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingThe 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 Roles are as stated there and may be out of date.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
| The Bank National Association PPP 2021 | All 161 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/25/2021 | first | $43K | 4 |
About Russell Oil Inc.
Russell Oil Inc. is a crude petroleum extraction company in Edmond, Oklahoma. Its estimated annual revenue is about $12.9M, with roughly $3.1M of EBITDA. It has about 4 employees. Its estimated business value is $14.7M (likely range $7.8M–$20.2M).
Common questions
- Who owns Russell Oil Inc.?
- The owner of Russell Oil Inc. 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 Russell Oil Inc. make?
- SeeBITDA estimates Russell Oil Inc.'s annual revenue at about $12.9M (likely between $8.5M and $14.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Russell Oil Inc. worth?
- About $14.7M, roughly 4.7× its estimated EBITDA of $3.1M, typical for a crude petroleum extraction company its size. Likely range: $7.8M–$20.2M.
- How many employees does Russell Oil Inc. have?
- About 4, as reported on its PPP loan.