Sea Mount Exploration
How we got $618K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 5% 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 |
|---|---|---|
| SEA MOUNT EXPLORATION this business | $654K | — |
| TRES MANAGEMENT INC Oklahoma City · 17 employees | $5.5M | 0.1 mi |
| ARNOLD OIL PROPERTIES LLC Oklahoma City · 8 employees | $5.0M | 0.1 mi |
| Reserve Petroleum Co Oklahoma City | $16.7M | 0.1 mi |
| HULEN OPERATING COMPANY Oklahoma City · 2 employees | $669K | 0.2 mi |
| Dorchester Energy Management Oklahoma City | $1.5M | 0.3 mi |
| American Energy Partners, Lp Oklahoma City | $1.5M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $350K |
| Estimate: the two combined (geometric mean) | $654K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $258K |
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 | $618K |
| Multiple for this size and industry | 2.4× |
| Value range | $325K – $846K |
| Revenue range | $430K – $746K |
| EBITDA range | $170K – $294K |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
People & 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/30/2020 | first | $9K | 2 |
| 4/13/2021 | second | $9K | 2 |
About Sea Mount Exploration
Sea Mount Exploration is an oil & gas company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $654K, with roughly $258K of EBITDA. It has about 2 employees. Its estimated business value is $618K (likely range $325K–$846K).
Common questions
- Who owns Sea Mount Exploration?
- The owner of Sea Mount Exploration 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 Sea Mount Exploration make?
- SeeBITDA estimates Sea Mount Exploration's annual revenue at about $654K (likely between $430K and $746K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sea Mount Exploration worth?
- About $618K, roughly 2.4× its estimated EBITDA of $258K, typical for a oil & gas company its size. Likely range: $325K–$846K.
- How many employees does Sea Mount Exploration have?
- About 2, as reported on its PPP loan.