Todco Properties, Inc
How we got $4.8M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 44 years (since 1982)
From public records and the company's website, not a statement that it's for sale.
What they do
Todco Properties, Inc. is an Oklahoma based oil and gas brokerage firm providing professional petroleum land services since 1982.
From the company's website. Industry: Oil & gas.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TODCO PROPERTIES, INC this business | $4.8M | — |
| UNITED ENERGY DRILLING INC. Norman · 27 employees | $9.0M | 0.3 mi |
| BARON RESOURCES, LLC Norman · 1 employees | $711K | 0.5 mi |
| SKY STAR ROOFING, LLC Norman · 1 employees | $512K | 0.5 mi |
| LAND PROJECT MANAGEMENT, LLC Norman · 1 employees | $571K | 0.6 mi |
| RSF INVESTMENTS, LLC Norman · 1 employees | $427K | 0.7 mi |
| BERNHARDT OIL CORPORATION Norman · 4 employees | $1.3M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.2M |
| Estimate: the two combined (geometric mean) | $4.8M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.3M |
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 | $4.8M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.5M – $6.6M |
| Revenue range | $3.2M – $5.5M |
| EBITDA range | $875K – $1.5M |
| 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
People & advisors
“Todco Properties, Inc. is an Oklahoma based oil and gas brokerage firm providing professional petroleum land services since 1982.”
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 |
|---|---|---|---|
| 4/10/2020 | first | $139K | 9 |
| 2/10/2021 | second | $117K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Todco Properties, Inc
Todco Properties, Inc is an oil & gas company in Norman, Oklahoma, in business since 1982. Its estimated annual revenue is about $4.8M, with roughly $1.3M of EBITDA. It has about 9 employees. Its estimated business value is $4.8M (likely range $2.5M–$6.6M).
Common questions
- Who owns Todco Properties, Inc?
- The owner of Todco Properties, Inc 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 Todco Properties, Inc make?
- SeeBITDA estimates Todco Properties, Inc's annual revenue at about $4.8M (likely between $3.2M and $5.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Todco Properties, Inc worth?
- About $4.8M, roughly 3.6× its estimated EBITDA of $1.3M, typical for a oil & gas company its size. Likely range: $2.5M–$6.6M.
- How many employees does Todco Properties, Inc have?
- About 9, as reported on its PPP loan.
- When was Todco Properties, Inc founded?
- Todco Properties, Inc has been in business since 1982.