Sooner Exploration Co., Inc.
How we got $19.7M
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
▲ 31% 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 |
|---|---|---|
| SOONER EXPLORATION CO., INC. this business | $18.4M | — |
| BLACKRIDGE EXPLORATION, LLC Oklahoma City · 1 employees | $4.4M | 0.1 mi |
| GLM ENERGY, INC. Oklahoma City · 2 employees | $8.9M | 0.1 mi |
| EDRIO OIL COMPANY INC Oklahoma City · 1 employees | $3.7M | 0.1 mi |
| PRENTICE, NAPIER & GREEN, INC. Oklahoma City · 4 employees | $15.8M | 0.1 mi |
| PRENTICE NAPIER & GREEN INC. Oklahoma City · 4 employees | $14.5M | 0.1 mi |
| MOON ROYALTY, LLC Oklahoma City · 4 employees | $14.1M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $19.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.4M |
| Estimate: the two combined (geometric mean) | $18.4M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.2M |
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 | $19.7M |
| Multiple for this size and industry | 4.7× |
| Value range | $10.3M – $26.9M |
| Revenue range | $12.1M – $21.0M |
| EBITDA range | $2.8M – $4.8M |
| Industry (NAICS) | Natural Gas Extraction (211130) |
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
- BankingCommerce 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 Roles are as stated there and may be out of date.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
| Commerce Bank PPP 2020, PPP 2021 | All 113 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $58K | 4 |
| 3/1/2021 | second | $61K | 4 |
About Sooner Exploration Co., Inc.
Sooner Exploration Co., Inc. is a natural gas extraction company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $18.4M, with roughly $4.2M of EBITDA. It has about 4 employees. Its estimated business value is $19.7M (likely range $10.3M–$26.9M).
Common questions
- Who owns Sooner Exploration Co., Inc.?
- The owner of Sooner Exploration Co., 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 Sooner Exploration Co., Inc. make?
- SeeBITDA estimates Sooner Exploration Co., Inc.'s annual revenue at about $18.4M (likely between $12.1M and $21.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sooner Exploration Co., Inc. worth?
- About $19.7M, roughly 4.7× its estimated EBITDA of $4.2M, typical for a natural gas extraction company its size. Likely range: $10.3M–$26.9M.
- How many employees does Sooner Exploration Co., Inc. have?
- About 4, as reported on its PPP loan.