Summit Energy Management, LLC
How we got $74.6M
Based on its 9 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.
Employees over time
▲ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 9 | $43.4M |
| 2020 | Form 5500 | 8 | $38.6M |
| 2021 | Form 5500 | 8 | $38.6M |
| 2022 | Form 5500 | 9 | $43.4M |
| 2023 | Form 5500 | 9 | $43.4M |
| 2024 | Form 5500 | 10 | $48.2M |
| 2025 | Form 5500 | 10 | $48.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SUMMIT ENERGY MANAGEMENT, LLC this business | $51.3M | — |
| TYCON ENERGY CORPORATION Edmond · 2 employees | $9.3M | 0.1 mi |
| RED HAWK RESOURCES INC Edmond · 5 employees | $15.9M | 0.2 mi |
| REDHAWK RESOURCES INC Edmond · 4 employees | $11.5M | 0.2 mi |
| WB ENERGY SERVICES LLC Edmond · 1 employees | $4.5M | 0.9 mi |
| AMY REYNOLDS Edmond · 1 employees | $5.8M | 0.9 mi |
| ASSIDUOUS ENERGY, LLC Edmond · 3 employees | $13.5M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $43.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $46.2M |
| Estimate: the two combined (geometric mean) | $51.3M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $11.7M |
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 | $74.6M |
| Multiple for this size and industry | 6.4× |
| Value range | $39.2M – $102.0M |
| Revenue range | $33.7M – $58.5M |
| EBITDA range | $7.7M – $13.3M |
| 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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $200K | 9 |
| 1/22/2021 | second | $144K | 7 |
About Summit Energy Management, LLC
Summit Energy Management, LLC is a natural gas extraction company in Edmond, Oklahoma. Its estimated annual revenue is about $51.3M, with roughly $11.7M of EBITDA. It has about 10 employees. Its estimated business value is $74.6M (likely range $39.2M–$102.0M).
Common questions
- Who owns Summit Energy Management, LLC?
- The owner of Summit Energy Management, 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 Summit Energy Management, LLC make?
- SeeBITDA estimates Summit Energy Management, LLC's annual revenue at about $51.3M (likely between $33.7M and $58.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summit Energy Management, LLC worth?
- About $74.6M, roughly 6.4× its estimated EBITDA of $11.7M, typical for a natural gas extraction company its size. Likely range: $39.2M–$102.0M.
- How many employees does Summit Energy Management, LLC have?
- About 10, from its 2025 retirement-plan filing.