Tripower Resources, LLC
How we got $72.0M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
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.
Employees over time
▲ 40% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 10 | $48.2M |
| 2020 | Form 5500 | 10 | $48.2M |
| 2021 | Form 5500 | 9 | $43.4M |
| 2022 | Form 5500 | 10 | $48.2M |
| 2023 | Form 5500 | 13 | $62.7M |
| 2024 | Form 5500 | 13 | $62.7M |
| 2025 | Form 5500 | 14 | $67.5M |
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 |
|---|---|---|
| TRIPOWER RESOURCES, LLC this business | $49.5M | — |
| The Quintin Little Company, Inc Ardmore | $12.8M | 0.1 mi |
| OKLAHOMA PETROLEUM ALLIES LLC Ardmore · 18 employees | $74.6M | 0.1 mi |
| QUIEN SABE CORPORATION Ardmore · 15 employees | $61.9M | 0.2 mi |
| SNS OIL & GAS PROPERTIES LLC Ardmore · 1 employees | $3.7M | 0.4 mi |
| THE DEHART COMPANY LLC Ardmore · 3 employees | $11.1M | 0.4 mi |
| ORR OIL & GAS E&P INC Ardmore · 1 employees | $4.6M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $48.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $38.7M |
| Estimate: the two combined (geometric mean) | $49.5M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $11.2M |
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 | $72.0M |
| Multiple for this size and industry | 6.4× |
| Value range | $37.9M – $98.5M |
| Revenue range | $32.6M – $56.5M |
| EBITDA range | $7.4M – $12.8M |
| Industry (NAICS) | Natural Gas Extraction (211130) |
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, 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 |
|---|---|---|---|
| 4/9/2020 | first | $168K | 10 |
| 2/6/2021 | second | $146K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tripower Resources, LLC
Tripower Resources, LLC is a natural gas extraction company in Ardmore, Oklahoma, in business since 2002. Its estimated annual revenue is about $49.5M, with roughly $11.2M of EBITDA. It has about 14 employees. Its estimated business value is $72.0M (likely range $37.9M–$98.5M).
Common questions
- Who owns Tripower Resources, LLC?
- The owner of Tripower 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 Tripower Resources, LLC make?
- SeeBITDA estimates Tripower Resources, LLC's annual revenue at about $49.5M (likely between $32.6M and $56.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tripower Resources, LLC worth?
- About $72.0M, roughly 6.4× its estimated EBITDA of $11.2M, typical for a natural gas extraction company its size. Likely range: $37.9M–$98.5M.
- How many employees does Tripower Resources, LLC have?
- About 14, from its 2025 retirement-plan filing.
- When was Tripower Resources, LLC founded?
- Tripower Resources, LLC has been in business since 2002.