Sharrock Oil Inc.
How we got $1.2M
Based on its 4 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 |
|---|---|---|
| SHARROCK OIL INC. this business | $1.5M | — |
| Solar Interchangeable Panels Inc. Broken Bow | $1.5M | 9.3 mi |
| LOFTIN CONSULTING INC Fort Towson · 1 employees | $675K | 26.7 mi |
| FRANKS CONSULTING, INC. Antlers · 2 employees | $827K | 51.0 mi |
| BUBBA DUKES CONSULTING LLC Whitesboro · 2 employees | $773K | 54.6 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $895K |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $497K |
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 | $1.2M |
| Multiple for this size and industry | 2.4× |
| Value range | $628K – $1.6M |
| Revenue range | $973K – $1.7M |
| EBITDA range | $327K – $567K |
| 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
- BankingFirstBankPPP / 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 Roles are as stated there and may be out of date.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
| FirstBank PPP 2020 | All 263 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $24K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sharrock Oil Inc.
Sharrock Oil Inc. is an oil & gas company in Idabel, Oklahoma, in business since 2012. Its estimated annual revenue is about $1.5M, with roughly $497K of EBITDA. It has about 4 employees. Its estimated business value is $1.2M (likely range $628K–$1.6M).
Common questions
- Who owns Sharrock Oil Inc.?
- The owner of Sharrock 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 Sharrock Oil Inc. make?
- SeeBITDA estimates Sharrock Oil Inc.'s annual revenue at about $1.5M (likely between $973K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sharrock Oil Inc. worth?
- About $1.2M, roughly 2.4× its estimated EBITDA of $497K, typical for a oil & gas company its size. Likely range: $628K–$1.6M.
- How many employees does Sharrock Oil Inc. have?
- About 4, as reported on its PPP loan.
- When was Sharrock Oil Inc. founded?
- Sharrock Oil Inc. has been in business since 2012.