Warren American Oil Company
How we got $99.7M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Ownership & transactions
- Acquired by Equus Energy · Jan 2013Warren American Oil Company was acquired by Equus Energy on 7 January 2013, according to a PitchBook profile.Source
Estimated value over time
▲ 30% 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 |
|---|---|---|
| WARREN AMERICAN OIL COMPANY this business | $78.3M | — |
| FRANCIS OIL & GAS, INC. Tulsa · 2 employees | $9.7M | 0.2 mi |
| ZENERGY, INC Tulsa · 18 employees | $73.2M | 0.3 mi |
| TIDEWATER PETROLEUM CORPORATION Tulsa · 3 employees | $9.3M | 0.6 mi |
| COMPASS PRODUCTION SERVICES LLC Tulsa · 41 employees | $228.8M | 0.6 mi |
| KANTOR OIL COMPANY LLC Tulsa · 2 employees | $6.3M | 0.7 mi |
| THOMAS EXPLORATION COMPANY Tulsa · 2 employees | $9.3M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $63.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $74.8M |
| Estimate: the two combined (geometric mean) | $78.3M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $15.6M |
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 | $99.7M |
| Multiple for this size and industry | 6.4× |
| Value range | $52.5M – $136.4M |
| Revenue range | $51.5M – $89.3M |
| EBITDA range | $10.2M – $17.8M |
| Industry (NAICS) | Oil and Gas Extraction (211111) |
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
- BankingWells Fargo Bank, National AssociationPPP / 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
| Wells Fargo Bank, National Association PPP 2020, PPP 2021 | All 55 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $357K | 14 |
| 4/16/2021 | second | $293K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Warren American Oil Company
Warren American Oil Company is an oil and gas extraction company in Tulsa, Oklahoma, in business since 2012. Its estimated annual revenue is about $78.3M, with roughly $15.6M of EBITDA. It has about 15 employees. Its estimated business value is $99.7M (likely range $52.5M–$136.4M).
Common questions
- Who owns Warren American Oil Company?
- The owner of Warren American Oil Company 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 Warren American Oil Company make?
- SeeBITDA estimates Warren American Oil Company's annual revenue at about $78.3M (likely between $51.5M and $89.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Warren American Oil Company worth?
- About $99.7M, roughly 6.4× its estimated EBITDA of $15.6M, typical for a oil and gas extraction company its size. Likely range: $52.5M–$136.4M.
- How many employees does Warren American Oil Company have?
- About 15, as reported on its PPP loan.
- When was Warren American Oil Company founded?
- Warren American Oil Company has been in business since 2012.