Shelburne Oil Co
How we got $1.7M
Based on its 3 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 |
|---|---|---|
| SHELBURNE OIL CO this business | $1.8M | — |
| APOLLO EXPLORATION, LLC Oklahoma City · 2 employees | $1.4M | 0.1 mi |
| OKKI INDUSTRIES LLC Oklahoma City · 2 employees | $1.1M | 0.3 mi |
| CROWDER OIL CO., LLC Oklahoma City · 1 employees | $692K | 0.3 mi |
| JWZ INVESTMENTS, LTD Oklahoma City · 3 employees | $1.3M | 0.3 mi |
| RCB ENERGY LLC Oklahoma City · 1 employees | $693K | 0.3 mi |
| CRASH RESOURCE PARTNERS, LLC Oklahoma City · 2 employees | $1.4M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $554K |
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 | $1.7M |
| Multiple for this size and industry | 3× |
| Value range | $874K – $2.3M |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $364K – $632K |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 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 | $48K | 3 |
| 1/26/2021 | second | $53K | 3 |
About Shelburne Oil Co
Shelburne Oil Co is an oil & gas company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $554K of EBITDA. It has about 3 employees. Its estimated business value is $1.7M (likely range $874K–$2.3M).
Common questions
- Who owns Shelburne Oil Co?
- The owner of Shelburne Oil Co 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 Shelburne Oil Co make?
- SeeBITDA estimates Shelburne Oil Co's annual revenue at about $1.8M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shelburne Oil Co worth?
- About $1.7M, roughly 3× its estimated EBITDA of $554K, typical for a oil & gas company its size. Likely range: $874K–$2.3M.
- How many employees does Shelburne Oil Co have?
- About 3, as reported on its PPP loan.