SeeBITDAOklahoma

Superior Midstream, LLC

Crude Petroleum Extraction
Estimated valueLow confidence
$462.9M
$241.9Mlikely range$680.3M
About 7.2× its yearly profit, typical for a company this size in its industry.
Revenue
$315.1M
a year
Profit (EBITDA)
$64.3M
20% of revenue
Employees
86
on its 2025 401(k) filing
Leadership
Bill Ward
President and CEO · source · confirmed by 2 sources
  • Ed Alexander
    Chief Financial Officer and Controller · Web search
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $462.9M

Based on 86 employees on its 2025 401(k) filing.

86 employees (2025 401(k) filing) × $3.7M each$315.1M
Revenue$315.1M
× 20% profit margin$64.3M
× 7.2 sale multiple = value$462.9M

· Own this business? Correct these figures

Estimated value over time

▲ 0% since 2025
$0$266.1M$532.3M20252026

Today'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

050100202586
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2025Form 550086$285.2M$58.2M

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.

What we know

No PPP loan
401(k) filing, 2025
No reported financials
No website found
Owner named

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
SUPERIOR MIDSTREAM, LLC
this business
$315.1M$64.3M—
XANADU EXPLORATION COMPANY
Tulsa · 4 employees
$14.8M$3.4M0.3 mi
CONTRAST ENERGY, LLC
Tulsa · 8 employees
$39.4M$8.9M0.3 mi
STAGHORN PETROLEUM II, LLC
Tulsa · 14 employees
$82.7M$16.4M0.3 mi
PATHENON TRADING COMPANY
Tulsa · 2 employees
$6.2M$1.7M0.4 mi
SAMSON RESOURCES II OPCO, LLC
Tulsa · 68 employees
$326.8M$65.0M0.5 mi
IRON HAWK ENERGY GROUP JV
Tulsa · 1 employees
$3.8M$1.1M0.5 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date: prices are 10% higher than in the benchmark's year, both included above.

Estimated value = EBITDA × typical sale multiple$462.9M
Multiple for this size and industry7.2×
Value range$241.9M – $680.3M
Employees in its retirement plan (2025 Form 5500)86
Industry revenue per employee$3.3M
Revenue = employees × revenue per employee$315.1M
EBITDA margin (industry, adjusted for size)20%
EBITDA = revenue × margin$64.3M

Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.

Revenue range$205.8M – $385.9M
EBITDA range$42.0M – $78.7M
Industry (NAICS)Crude Petroleum Extraction (211120)

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. These are statistical estimates, not reported financials. Listing details come from the company's Form 5500 retirement-plan filing. Full methodology

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Superior Midstream, LLC

Superior Midstream, LLC is a crude petroleum extraction company in Tulsa, Oklahoma. It is owned by Bill Ward (President and CEO). Its estimated annual revenue is about $315.1M, with roughly $64.3M of EBITDA. It has about 86 employees. Its estimated business value is $462.9M (likely range $241.9M–$680.3M).

Common questions

Who owns Superior Midstream, LLC?
Superior Midstream, LLC is owned by Bill Ward (President and CEO), according to public sources such as the company's website or filings.
How much revenue does Superior Midstream, LLC make?
SeeBITDA estimates Superior Midstream, LLC's annual revenue at about $315.1M (likely between $205.8M and $385.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Superior Midstream, LLC worth?
About $462.9M, roughly 7.2× its estimated EBITDA of $64.3M, typical for a crude petroleum extraction company its size. Likely range: $241.9M–$680.3M.
How many employees does Superior Midstream, LLC have?
About 86, from its 2025 retirement-plan filing.