Tier Hydrocarbon Explorations, LLC
How we got $1.8M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 9% 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
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TIER HYDROCARBON EXPLORATIONS, LLC this business | $2.0M | — |
| M&m Energy Supply Co. (corporate Office) Oklahoma City | $1.5M | 0.1 mi |
| ORTHWEIN PETROLEUM, INC. Oklahoma City · 6 employees | $3.3M | 0.3 mi |
| Kodiak Corporation Oklahoma City | $1.5M | 0.3 mi |
| Castle Operating LLC Oklahoma City | $1.5M | 0.9 mi |
| COME BIG OR STAY HOME, L.L.C. Oklahoma City · 5 employees | $2.5M | 1.2 mi |
| GARRETT AND COMPANY, LLC Oklahoma City · 18 employees | $8.1M | 1.2 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 | $609K |
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 | $961K – $2.5M |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $400K – $694K |
| 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 2020 | 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 |
|---|---|---|---|
| 4/29/2020 | first | $55K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tier Hydrocarbon Explorations, LLC
Tier Hydrocarbon Explorations, LLC is an oil & gas company in Oklahoma City, Oklahoma, in business since 2006. Its estimated annual revenue is about $2.0M, with roughly $609K of EBITDA. It has about 3 employees. Its estimated business value is $1.8M (likely range $961K–$2.5M).
Common questions
- Who owns Tier Hydrocarbon Explorations, LLC?
- The owner of Tier Hydrocarbon Explorations, 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 Explorations, LLC make?
- SeeBITDA estimates Tier Hydrocarbon Explorations, 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 Explorations, LLC worth?
- About $1.8M, roughly 3× its estimated EBITDA of $609K, typical for a oil & gas company its size. Likely range: $961K–$2.5M.
- How many employees does Tier Hydrocarbon Explorations, LLC have?
- About 3, as reported on its PPP loan.
- When was Tier Hydrocarbon Explorations, LLC founded?
- Tier Hydrocarbon Explorations, LLC has been in business since 2006.