Tiptop Oil & Gas Us, LLC
- Mike JohnsonChief Accounting Officer · Web search
- J. David HershbergerCorporate Counsel · Web search
How we got $88.6M
Based on 19 employees on its 2025 401(k) filing.
Estimated value over time
▼ 16% 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
▼ 32% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 28 | $92.9M |
| 2021 | Form 5500 | 23 | $76.3M |
| 2022 | Form 5500 | 22 | $73.0M |
| 2023 | Form 5500 | 24 | $79.6M |
| 2024 | Form 5500 | 21 | $69.6M |
| 2025 | Form 5500 | 19 | $63.0M |
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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TIPTOP OIL & GAS US, LLC this business | $69.6M | — |
| FARMERS ROYALTY POOL, INC. Oklahoma City | $14.7M | 0.3 mi |
| THOMAS MASON HUNZICKER, LLC Oklahoma City · 1 employees | $4.6M | 0.4 mi |
| HINKLE OIL AND GAS, INC. Oklahoma City · 7 employees | $33.0M | 0.4 mi |
| Berexco Oklahoma City | $1.5M | 0.4 mi |
| BLACKBIRD PRODUCTION LLC Oklahoma City · 2 employees | $9.3M | 0.5 mi |
| PENNMARK ENERGY LLC Oklahoma City · 1 employees | $3.0M | 0.5 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 | $88.6M |
| Multiple for this size and industry | 6.4× |
| Value range | $46.3M – $130.2M |
| Employees in its retirement plan (2025 Form 5500) | 19 |
| Industry revenue per employee | $3.3M |
| Revenue = employees × revenue per employee | $69.6M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $13.8M |
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 | $45.5M – $85.3M |
| EBITDA range | $9.0M – $17.0M |
| 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
History & advisors
Advisors
- LegalJ. David HershbergerFrom a web search · source
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tiptop Oil & Gas Us, LLC
Tiptop Oil & Gas Us, LLC is a crude petroleum extraction company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $69.6M, with roughly $13.8M of EBITDA. It has about 19 employees. Its estimated business value is $88.6M (likely range $46.3M–$130.2M).
Common questions
- Who owns Tiptop Oil & Gas Us, LLC?
- The owner of Tiptop Oil & Gas Us, 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 Tiptop Oil & Gas Us, LLC make?
- SeeBITDA estimates Tiptop Oil & Gas Us, LLC's annual revenue at about $69.6M (likely between $45.5M and $85.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tiptop Oil & Gas Us, LLC worth?
- About $88.6M, roughly 6.4× its estimated EBITDA of $13.8M, typical for a crude petroleum extraction company its size. Likely range: $46.3M–$130.2M.
- How many employees does Tiptop Oil & Gas Us, LLC have?
- About 19, from its 2025 retirement-plan filing.