Sierra Resources, Inc.
How we got $4.5M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Sierra Resources, Inc. is an oil and natural gas exploration company located in Oklahoma City.
From the company's website. Industry: Oil & gas.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SIERRA RESOURCES, INC. this business | $4.5M | — |
| PIEDRA ROYALTY, LLC Oklahoma City · 4 employees | $1.9M | 0.1 mi |
| SPITFIRE ENERGY GROUP LLC Oklahoma City · 12 employees | $5.4M | 0.2 mi |
| STABLE ENERGY LAND SERVICES, LLC Oklahoma City · 5 employees | $2.6M | 0.4 mi |
| RED HAWK DISPOSAL, LLC Oklahoma City · 1 employees | $484K | 0.5 mi |
| SHADOW CREEK MINERALS II, LLC Oklahoma City · 5 employees | $3.7M | 0.5 mi |
| HUSKY VENTURES, INC. Oklahoma City · 3 employees | $2.0M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.1M |
| Estimate: the two combined (geometric mean) | $4.5M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.3M |
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 | $4.5M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.4M – $6.2M |
| Revenue range | $3.0M – $5.1M |
| EBITDA range | $824K – $1.4M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
History & advisors
Advisors
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/12/2020 | first | $138K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sierra Resources, Inc.
Sierra Resources, Inc. is an oil & gas company in Oklahoma City, Oklahoma, in business since 2007. Its estimated annual revenue is about $4.5M, with roughly $1.3M of EBITDA. It has about 8 employees. Its estimated business value is $4.5M (likely range $2.4M–$6.2M).
Common questions
- Who owns Sierra Resources, Inc.?
- The owner of Sierra Resources, 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 Sierra Resources, Inc. make?
- SeeBITDA estimates Sierra Resources, Inc.'s annual revenue at about $4.5M (likely between $3.0M and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sierra Resources, Inc. worth?
- About $4.5M, roughly 3.6× its estimated EBITDA of $1.3M, typical for a oil & gas company its size. Likely range: $2.4M–$6.2M.
- How many employees does Sierra Resources, Inc. have?
- About 8, as reported on its PPP loan.
- When was Sierra Resources, Inc. founded?
- Sierra Resources, Inc. has been in business since 2007.