Midstates Petroleum Company
How we got $2.8M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
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 |
|---|---|---|
| Midstates Petroleum Company this business | $6.0M | — |
| EquipSource LLC Dacoma | $3.0M | 2.8 mi |
| VALUE ADDED PRODUCTS Alva · 46 employees | $34.6M | 12.7 mi |
| Sunbelt Rentals Oil & Gas Alva | $3.0M | 13.6 mi |
| Tyco Industries Llc - Home Of The Diamond W Corral Cherokee | $3.0M | 13.7 mi |
| Alva Beer Co. Alva | $3.5M | 13.7 mi |
| Butler Welding & MFG. INC. Cherokee | $3.0M | 14.6 mi |
The full calculation
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 | $2.8M |
| Multiple for this size and industry | 3.8× |
| Value range | $487K – $5.6M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (12%). Treat these as a rough guide.
| Revenue range | $1.3M – $10.1M |
| EBITDA range | $160K – $1.2M |
| Industry (NAICS) | Manufacturing (31) |
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: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
2 locations
| 19051 County Road 500 | This listing | |
| 321 S Boston Ave Ste 1000 | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Midstates Petroleum Company
Midstates Petroleum Company is a manufacturing company in Oklahoma, in business since 2003. Its estimated annual revenue is about $6.0M, with roughly $731K of EBITDA. Its estimated business value is $2.8M (likely range $487K–$5.6M). It has 2 locations.
Common questions
- Who owns Midstates Petroleum Company?
- The owner of Midstates Petroleum 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 Midstates Petroleum Company make?
- SeeBITDA estimates Midstates Petroleum Company's annual revenue at about $6.0M (likely between $1.3M and $10.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Midstates Petroleum Company worth?
- About $2.8M, roughly 3.8× its estimated EBITDA of $731K, typical for a manufacturing company its size. Likely range: $487K–$5.6M.
- When was Midstates Petroleum Company founded?
- Midstates Petroleum Company has been in business since 2003.