Tenax Energy Solutions, LLC
How we got $10.5M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TENAX ENERGY SOLUTIONS, LLC this business | $8.6M | — |
| S & T SWD LLC Clinton · 9 employees | $3.4M | 3.3 mi |
| DRILLING SPECIALISTS, INC Clinton · 3 employees | $1.7M | 4.2 mi |
| URIBE FLOW SERVICES INC. Clinton · 1 employees | $382K | 4.2 mi |
| M Wright Service Clinton | $1.5M | 4.4 mi |
| Newpark Drilling Fluids Clinton | $1.5M | 4.5 mi |
| KINGFISHER RESOURCES, INC Clinton · 3 employees | $1.1M | 4.5 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.3M |
| Estimate: the two combined (geometric mean) | $8.6M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $2.4M |
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 | $10.5M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.5M – $14.3M |
| Revenue range | $5.6M – $9.8M |
| EBITDA range | $1.6M – $2.7M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2020, PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $365K | 11 |
| 1/30/2021 | second | $229K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tenax Energy Solutions, LLC
Tenax Energy Solutions, LLC is an oil & gas company in Clinton, Oklahoma. It is owned by Kevin Jones (Chief Executive Officer (CEO) & Founder). Its estimated annual revenue is about $8.6M, with roughly $2.4M of EBITDA. It has about 11 employees. Its estimated business value is $10.5M (likely range $5.5M–$14.3M).
Common questions
- Who owns Tenax Energy Solutions, LLC?
- Tenax Energy Solutions, LLC is owned by Kevin Jones (Chief Executive Officer (CEO) & Founder), according to public sources such as the company's website or filings.
- How much revenue does Tenax Energy Solutions, LLC make?
- SeeBITDA estimates Tenax Energy Solutions, LLC's annual revenue at about $8.6M (likely between $5.6M and $9.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tenax Energy Solutions, LLC worth?
- About $10.5M, roughly 4.4× its estimated EBITDA of $2.4M, typical for a oil & gas company its size. Likely range: $5.5M–$14.3M.
- How many employees does Tenax Energy Solutions, LLC have?
- About 11, as reported on its PPP loan.