Turner Oil & Gas Properties, Inc.
How we got $1.5M
Based on its 3 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 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▼ 1% 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 |
|---|---|---|
| TURNER OIL & GAS PROPERTIES, INC. this business | $1.6M | — |
| KATIE EVANS PROFESSIONAL COUNSELING SERVICES LLC Oklahoma City · 1 employees | $144K | 0.1 mi |
| HOGAN PROPERTY COMPANY, L.L.C. Oklahoma City · 12 employees | $3.3M | 0.3 mi |
| MANSIONS MANAGEMENT COMPANY LLC Oklahoma City · 8 employees | $2.4M | 0.3 mi |
| CHRISTOPHER BARBY, LLC Oklahoma City · 1 employees | $542K | 0.3 mi |
| GREENLEAF LANDSCAPES INC Oklahoma City · 1 employees | $703K | 0.3 mi |
| KEITH EIDSON Oklahoma City · 1 employees | $355K | 0.4 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) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 32% |
| EBITDA = revenue × margin | $507K |
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 | $1.5M |
| Multiple for this size and industry | 3× |
| Value range | $801K – $2.1M |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $334K – $579K |
| Industry (NAICS) | Other Activities Related to Real Estate (531390) |
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
Advisors
- BankingBank 7PPP / 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
| Bank 7 PPP 2020, PPP 2021 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $41K | 3 |
| 2/3/2021 | second | $41K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Turner Oil & Gas Properties, Inc.
Turner Oil & Gas Properties, Inc. is an other activities related to real estate company in Oklahoma City, Oklahoma, in business since 2006. It is owned by Jim Calvin Turner (President/Owner). Its estimated annual revenue is about $1.6M, with roughly $507K of EBITDA. It has about 3 employees. Its estimated business value is $1.5M (likely range $801K–$2.1M).
Common questions
- Who owns Turner Oil & Gas Properties, Inc.?
- Turner Oil & Gas Properties, Inc. is owned by Jim Calvin Turner (President/Owner), according to public sources such as the company's website or filings.
- How much revenue does Turner Oil & Gas Properties, Inc. make?
- SeeBITDA estimates Turner Oil & Gas Properties, Inc.'s annual revenue at about $1.6M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Turner Oil & Gas Properties, Inc. worth?
- About $1.5M, roughly 3× its estimated EBITDA of $507K, typical for a other activities related to real estate company its size. Likely range: $801K–$2.1M.
- How many employees does Turner Oil & Gas Properties, Inc. have?
- About 3, as reported on its PPP loan.
- When was Turner Oil & Gas Properties, Inc. founded?
- Turner Oil & Gas Properties, Inc. has been in business since 2006.