Cartledge & Cartledge Oil Co Inc
How we got $2.9M
Based on 6 employees reported for PPP in 2020, grown 8% a year since.
Estimated value over time
▲ 103% 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 19 years (since 2007)
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 |
|---|---|---|
| CARTLEDGE & CARTLEDGE OIL CO INC this business | $3.5M | — |
| TROJAN OIL AND GAS LLC Kiefer · 3 employees | $1.8M | 0.1 mi |
| KIEFER WELL SERVICE, INC. Kiefer · 5 employees | $2.7M | 0.1 mi |
| ROYAL HOT SHOT INVESTMENTS LLC Kiefer · 1 employees | $588K | 0.6 mi |
| SHELTON WELL SERVICE CO. Kiefer · 4 employees | $2.1M | 0.7 mi |
| TROJAN RESOURCES LLC Sapulpa · 3 employees | $1.8M | 1.8 mi |
| CROW OPERATING LLC Sapulpa · 1 employees | $588K | 2.8 mi |
Ranges & sources
| Revenue range | $2.6M – $4.6M |
| EBITDA range | $734K – $1.3M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
| Value range | $1.8M – $4.6M |
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 Oklahoma 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 Roles are as stated there and may be out of date.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
| First Oklahoma Bank PPP 2020, PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $53K | 6 |
| 2/7/2021 | second | $53K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cartledge & Cartledge Oil Co Inc
Cartledge & Cartledge Oil Co Inc is an oil & gas company in Kiefer, Oklahoma, in business since 2007. Its estimated annual revenue is about $3.5M, with roughly $978K of EBITDA. It has about 6 employees. Its estimated business value is $2.9M (likely range $1.8M–$4.6M).
Common questions
- Who owns Cartledge & Cartledge Oil Co Inc?
- The owner of Cartledge & Cartledge Oil Co Inc 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 Cartledge & Cartledge Oil Co Inc make?
- SeeBITDA estimates Cartledge & Cartledge Oil Co Inc's annual revenue at about $3.5M (likely between $2.6M and $4.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cartledge & Cartledge Oil Co Inc worth?
- About $2.9M, roughly 3× its estimated EBITDA of $978K, typical for a oil & gas company its size. Likely range: $1.8M–$4.6M.
- How many employees does Cartledge & Cartledge Oil Co Inc have?
- About 6, as reported on its PPP loan.
- When was Cartledge & Cartledge Oil Co Inc founded?
- Cartledge & Cartledge Oil Co Inc has been in business since 2007.