Wikel Oil Company LLC
How we got $3.0M
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 23% since 2021Today'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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WIKEL OIL COMPANY LLC this business | $3.1M | — |
| R & C HUDSON OIL LLC Bartlesville · 2 employees | $7.2M | 1.9 mi |
| 4K SPOOLING, BANDING, SALES & SERVICE Bartlesville · 14 employees | $50.3M | 2.9 mi |
| DAVID L GREENE II, LLC Bartlesville · 7 employees | $21.5M | 3.1 mi |
| BISHOP 3B PRODUCTION, LLC Bartlesville · 2 employees | $9.3M | 3.9 mi |
| SKULL CREEK OIL & GAS LLC Bartlesville · 1 employees | $4.6M | 4.2 mi |
| BULLSEYE OPERATING LLC Bartlesville · 10 employees | $44.6M | 4.6 mi |
Ranges & sources
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $611K – $1.1M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
| Value range | $1.6M – $4.1M |
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
- BankingAmerican Heritage 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 Roles are as stated there and may be out of date.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
| American Heritage Bank PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/27/2021 | first | $10K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wikel Oil Company LLC
Wikel Oil Company LLC is a crude petroleum extraction company in Bartlesville, Oklahoma. It is owned by Butch Koster. Its estimated annual revenue is about $3.1M, with roughly $929K of EBITDA. It has about 1 employees. Its estimated business value is $3.0M (likely range $1.6M–$4.1M).
Common questions
- Who owns Wikel Oil Company LLC?
- Wikel Oil Company LLC is owned by Butch Koster, according to public sources such as the company's website or filings.
- How much revenue does Wikel Oil Company LLC make?
- SeeBITDA estimates Wikel Oil Company LLC's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wikel Oil Company LLC worth?
- About $3.0M, roughly 3.2× its estimated EBITDA of $929K, typical for a crude petroleum extraction company its size. Likely range: $1.6M–$4.1M.
- How many employees does Wikel Oil Company LLC have?
- About 1, as reported on its PPP loan.