Sandstone Energy Acquisitions Corp
How we got $45.1M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 31% 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 |
|---|---|---|
| SANDSTONE ENERGY ACQUISITIONS CORP this business | $36.1M | — |
| SANDSTONE ENERGY ACQUISTIONS CORP Oklahoma City · 6 employees | $36.4M | 0.0 mi |
| LANCE RUFFEL OIL & GAS, LLC Oklahoma City · 27 employees | $111.5M | 0.0 mi |
| BINGER OPERATIONS LLC Oklahoma City · 11 employees | $40.0M | 0.1 mi |
| OGP ENERGY LTD PARTNERSHIP 1 Oklahoma City · 3 employees | $12.6M | 0.1 mi |
| CARDINAL RIVER ENERGY I LLC Oklahoma City · 6 employees | $30.3M | 0.1 mi |
| DERBY ENERGY, LLC Oklahoma City · 17 employees | $71.8M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $29.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $34.3M |
| Estimate: the two combined (geometric mean) | $36.1M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $8.2M |
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 | $45.1M |
| Multiple for this size and industry | 5.5× |
| Value range | $23.7M – $61.7M |
| Revenue range | $23.7M – $41.1M |
| EBITDA range | $5.4M – $9.3M |
| Industry (NAICS) | Natural Gas Extraction (211130) |
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
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $148K | 6 |
About Sandstone Energy Acquisitions Corp
Sandstone Energy Acquisitions Corp is a natural gas extraction company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $36.1M, with roughly $8.2M of EBITDA. It has about 6 employees. Its estimated business value is $45.1M (likely range $23.7M–$61.7M).
Common questions
- Who owns Sandstone Energy Acquisitions Corp?
- The owner of Sandstone Energy Acquisitions Corp 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 Sandstone Energy Acquisitions Corp make?
- SeeBITDA estimates Sandstone Energy Acquisitions Corp's annual revenue at about $36.1M (likely between $23.7M and $41.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sandstone Energy Acquisitions Corp worth?
- About $45.1M, roughly 5.5× its estimated EBITDA of $8.2M, typical for a natural gas extraction company its size. Likely range: $23.7M–$61.7M.
- How many employees does Sandstone Energy Acquisitions Corp have?
- About 6, as reported on its PPP loan.