Tri Co Oil & Gas Inc.
How we got $1.9M
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 31% 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 |
|---|---|---|
| TRI CO OIL & GAS INC. this business | $11.8M | — |
| AMSCO STEEL, LLC Altus · 10 employees | $15.8M | 0.4 mi |
| CONSOLIDATED BEARING OF ALTUS, LLC Altus · 9 employees | $11.1M | 1.5 mi |
| PARTS PROS, LLC Altus · 7 employees | $6.0M | 1.5 mi |
| Blue Rhino Propane Exchange Altus | $9.6M | 2.3 mi |
| MOCO ELECTRICAL SUPPLY, INC. Altus · 8 employees | $8.6M | 2.8 mi |
| MARSH INVESTMENTS, INC. Altus · 13 employees | $37.0M | 4.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $6.5M |
| Revenue = employees × revenue per employee | $11.8M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $530K |
| Cross-check: revenue implied by PPP payroll | $2.6M |
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 | $1.9M |
| Multiple for this size and industry | 3.6× |
| Value range | $902K – $2.7M |
| Revenue range | $7.0M – $13.9M |
| EBITDA range | $313K – $627K |
| Industry (NAICS) | Petroleum Bulk Stations and Terminals (424710) |
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
- BankingFrazer 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 Roles are as stated there and may be out of date.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
| Frazer Bank PPP 2020 | All 177 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $4K | 1 |
About Tri Co Oil & Gas Inc.
Tri Co Oil & Gas Inc. is a petroleum bulk stations and terminals company in Altus, Oklahoma. Its estimated annual revenue is about $11.8M, with roughly $530K of EBITDA. It has about 1 employees. Its estimated business value is $1.9M (likely range $902K–$2.7M).
Common questions
- Who owns Tri Co Oil & Gas Inc.?
- The owner of Tri Co Oil & Gas 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 Tri Co Oil & Gas Inc. make?
- SeeBITDA estimates Tri Co Oil & Gas Inc.'s annual revenue at about $11.8M (likely between $7.0M and $13.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tri Co Oil & Gas Inc. worth?
- About $1.9M, roughly 3.6× its estimated EBITDA of $530K, typical for a petroleum bulk stations and terminals company its size. Likely range: $902K–$2.7M.
- How many employees does Tri Co Oil & Gas Inc. have?
- About 1, as reported on its PPP loan.