Vertical Petroleum Industries, LLC
How we got $1.0M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Employees over time
▲ 80% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 5 | $1.8M |
| 2023 | Form 5500 | 6 | $2.2M |
| 2024 | Form 5500 | 8 | $2.9M |
| 2025 | Form 5500 | 9 | $3.2M |
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 |
|---|---|---|
| VERTICAL PETROLEUM INDUSTRIES, LLC this business | $1.3M | — |
| VALBEL WEST CORPORATION INC Ardmore · 1 employees | $536K | 0.0 mi |
| CHASTON OIL & GAS LLC Ardmore · 1 employees | $427K | 0.0 mi |
| TRIPLEDEE OPERATING CO LLC Ardmore · 5 employees | $2.7M | 0.0 mi |
| DAVID W. POTTS LAND & EXPLORATION CO. Ardmore · 4 employees | $2.5M | 0.2 mi |
| KEITH WALKER OIL & GAS LLC Ardmore · 13 employees | $6.4M | 0.2 mi |
| R. D. WILLIAMS & COMPANY Ardmore · 40 employees | $17.6M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $669K |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $433K |
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 | $1.0M |
| Multiple for this size and industry | 2.4× |
| Value range | $546K – $1.4M |
| Revenue range | $847K – $1.5M |
| EBITDA range | $285K – $493K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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
| First National Bank and Trust Company of Ardmore PPP 2020, PPP 2021 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $18K | 5 |
| 2/26/2021 | second | $20K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Vertical Petroleum Industries, LLC
Vertical Petroleum Industries, LLC is an oil & gas company in Ardmore, Oklahoma, in business since 2016. Its estimated annual revenue is about $1.3M, with roughly $433K of EBITDA. It has about 9 employees. Its estimated business value is $1.0M (likely range $546K–$1.4M).
Common questions
- Who owns Vertical Petroleum Industries, LLC?
- The owner of Vertical Petroleum Industries, 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 Vertical Petroleum Industries, LLC make?
- SeeBITDA estimates Vertical Petroleum Industries, LLC's annual revenue at about $1.3M (likely between $847K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Vertical Petroleum Industries, LLC worth?
- About $1.0M, roughly 2.4× its estimated EBITDA of $433K, typical for a oil & gas company its size. Likely range: $546K–$1.4M.
- How many employees does Vertical Petroleum Industries, LLC have?
- About 9, from its 2025 retirement-plan filing.
- When was Vertical Petroleum Industries, LLC founded?
- Vertical Petroleum Industries, LLC has been in business since 2016.