Singer Oil Co. LLC
How we got $31.7M
Based on its 7 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 23% since 2021Today'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 |
|---|---|---|
| SINGER OIL CO. LLC this business | $25.3M | — |
| DEEP FORK PRODUCTION, LLC Hennessey · 1 employees | $4.6M | 2.9 mi |
| WEAVER ENERGY CORPORATION Hennessey · 3 employees | $13.7M | 2.9 mi |
| TWENTY/TWENTY OIL & GAS INC Hennessey · 4 employees | $14.3M | 2.9 mi |
| DUNIGAN EQUIPMENT, INC. Dover · 3 employees | $9.0M | 6.3 mi |
| REDFORK OPERATIONS LLC Dover · 1 employees | $4.6M | 6.4 mi |
| HIGH PLAINS OPERATING, INC. Waukomis · 2 employees | $9.3M | 14.3 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $27.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.0M |
| Estimate: the two combined (geometric mean) | $25.3M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $5.8M |
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 | $31.7M |
| Multiple for this size and industry | 5.5× |
| Value range | $16.7M – $43.3M |
| Revenue range | $16.7M – $28.9M |
| EBITDA range | $3.8M – $6.6M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingSovereign 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 Roles are as stated there and may be out of date.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
| Sovereign Bank PPP 2021 | All 304 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/7/2021 | second | $95K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Singer Oil Co. LLC
Singer Oil Co. LLC is a crude petroleum extraction company in Hennessey, Oklahoma, in business since 1999. Its estimated annual revenue is about $25.3M, with roughly $5.8M of EBITDA. It has about 7 employees. Its estimated business value is $31.7M (likely range $16.7M–$43.3M).
Common questions
- Who owns Singer Oil Co. LLC?
- The owner of Singer Oil Co. LLC 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 Singer Oil Co. LLC make?
- SeeBITDA estimates Singer Oil Co. LLC's annual revenue at about $25.3M (likely between $16.7M and $28.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Singer Oil Co. LLC worth?
- About $31.7M, roughly 5.5× its estimated EBITDA of $5.8M, typical for a crude petroleum extraction company its size. Likely range: $16.7M–$43.3M.
- How many employees does Singer Oil Co. LLC have?
- About 7, as reported on its PPP loan.
- When was Singer Oil Co. LLC founded?
- Singer Oil Co. LLC has been in business since 1999.