Tier Hydrocarbon Exploration LLC
How we got $1.8M
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 4% 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 |
|---|---|---|
| TIER HYDROCARBON EXPLORATION LLC this business | $2.0M | — |
| RAVEN RESOURCES, LLC Edmond · 4 employees | $2.3M | 1.4 mi |
| AAB, LLC Edmond · 1 employees | $583K | 1.6 mi |
| NEWPOINT, LLC Oklahoma City · 17 employees | $4.0M | 1.7 mi |
| ELK CREEK RESOURCES LLC Oklahoma City · 1 employees | $759K | 2.0 mi |
| SKEM EXPLORATION LLC Edmond · 1 employees | $332K | 2.0 mi |
| WILSON ENERGY, LLC Edmond · 2 employees | $1.1M | 2.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $612K |
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 | $1.8M |
| Multiple for this size and industry | 3× |
| Value range | $966K – $2.5M |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $402K – $697K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- 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 Roles are as stated there and may be out of date.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 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 |
|---|---|---|---|
| 4/30/2021 | second | $56K | 3 |
About Tier Hydrocarbon Exploration LLC
Tier Hydrocarbon Exploration LLC is an oil & gas company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $612K of EBITDA. It has about 3 employees. Its estimated business value is $1.8M (likely range $966K–$2.5M).
Common questions
- Who owns Tier Hydrocarbon Exploration LLC?
- The owner of Tier Hydrocarbon Exploration 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 Tier Hydrocarbon Exploration LLC make?
- SeeBITDA estimates Tier Hydrocarbon Exploration LLC's annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tier Hydrocarbon Exploration LLC worth?
- About $1.8M, roughly 3× its estimated EBITDA of $612K, typical for a oil & gas company its size. Likely range: $966K–$2.5M.
- How many employees does Tier Hydrocarbon Exploration LLC have?
- About 3, as reported on its PPP loan.