Turner LP Gas LLC
How we got $1.3M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 29% 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 23 years (since 2003)
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 |
|---|---|---|
| TURNER LP GAS LLC this business | $3.8M | — |
| OUTRIDER MGT LLC Tulsa · 4 employees | $7.6M | 31.2 mi |
| Oklahoma Natural Gas Tulsa | $1.8M | 38.4 mi |
| FRONTIER ENERGY SERVICES, LLC Tulsa | $10.9M | 39.1 mi |
| BLUEMARK ENERGY, LLC Tulsa · 23 employees | $70.5M | 39.9 mi |
| NGL ENERGY HOLDINGS, LLC Tulsa | $890.8M | 41.2 mi |
| DEISENROTH GAS PRODUCTS, INC Tulsa · 5 employees | $5.8M | 41.5 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $3.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $449K |
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 | $1.3M |
| Multiple for this size and industry | 3× |
| Value range | $709K – $1.8M |
| Revenue range | $2.5M – $4.3M |
| EBITDA range | $296K – $512K |
| Industry (NAICS) | Natural Gas Distribution (221210) |
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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020 | All 1,690 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 | $18K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Turner LP Gas LLC
Turner LP Gas LLC is a natural gas distribution company in Locust Grove, Oklahoma, in business since 2003. Its estimated annual revenue is about $3.8M, with roughly $449K of EBITDA. It has about 4 employees. Its estimated business value is $1.3M (likely range $709K–$1.8M).
Common questions
- Who owns Turner LP Gas LLC?
- The owner of Turner LP Gas 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 Turner LP Gas LLC make?
- SeeBITDA estimates Turner LP Gas LLC's annual revenue at about $3.8M (likely between $2.5M and $4.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Turner LP Gas LLC worth?
- About $1.3M, roughly 3× its estimated EBITDA of $449K, typical for a natural gas distribution company its size. Likely range: $709K–$1.8M.
- How many employees does Turner LP Gas LLC have?
- About 4, as reported on its PPP loan.
- When was Turner LP Gas LLC founded?
- Turner LP Gas LLC has been in business since 2003.