Territory Resources, LLC
How we got $26.3M
Based on its 43 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Employees over time
▲ 35% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 43 | $14.2M |
| 2020 | Form 5500 | 40 | $13.2M |
| 2021 | Form 5500 | 46 | $15.2M |
| 2022 | Form 5500 | 51 | $16.8M |
| 2023 | Form 5500 | 57 | $18.8M |
| 2024 | Form 5500 | 58 | $19.1M |
| 2025 | Form 5500 | 58 | $19.1M |
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 |
|---|---|---|
| TERRITORY RESOURCES, LLC this business | $22.2M | — |
| Bounty Transfer, Llc Stillwater | $1.5M | 0.0 mi |
| EARL OIL, INC. Stillwater · 1 employees | $378K | 0.3 mi |
| B D B LLC Stillwater · 3 employees | $1.3M | 0.4 mi |
| BEDLAM OILFIELD SERVICES LLC Stillwater · 4 employees | $1.9M | 0.8 mi |
| IKE ENERGY, LLC Stillwater · 1 employees | $711K | 0.9 mi |
| OPTIMAL PIPELINE SOLUTIONS, L.L.C. Stillwater | $3.3M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 43 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $22.4M |
| Estimate: the two combined (geometric mean) | $22.2M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $5.0M |
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 | $26.3M |
| Multiple for this size and industry | 5.2× |
| Value range | $13.8M – $35.9M |
| Revenue range | $14.6M – $25.3M |
| EBITDA range | $3.3M – $5.8M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- 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 |
|---|---|---|---|
| 4/11/2020 | first | $796K | 43 |
2 locations
| 1511 Sangre Rd | Stillwater | This listing |
| 15 W 6th St Ste 1303 | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Territory Resources, LLC
Territory Resources, LLC is an oil & gas company in Stillwater, Oklahoma. Its estimated annual revenue is about $22.2M, with roughly $5.0M of EBITDA. It has about 58 employees. Its estimated business value is $26.3M (likely range $13.8M–$35.9M). It has 2 locations.
Common questions
- Who owns Territory Resources, LLC?
- The owner of Territory Resources, 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 Territory Resources, LLC make?
- SeeBITDA estimates Territory Resources, LLC's annual revenue at about $22.2M (likely between $14.6M and $25.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Territory Resources, LLC worth?
- About $26.3M, roughly 5.2× its estimated EBITDA of $5.0M, typical for a oil & gas company its size. Likely range: $13.8M–$35.9M.
- How many employees does Territory Resources, LLC have?
- About 58, from its 2025 retirement-plan filing.