Formby Oil Company
How we got $702K
Based on 4 drivers and 4 trucks on its federal motor carrier registration.
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 |
|---|---|---|
| FORMBY OIL COMPANY this business | $1.9M | — |
| CRUDE SOLUTIONS INC Pawhuska | $2.9M | 0.2 mi |
| XUTAPA PROPERTIES LLC Pawhuska | $2.9M | 0.2 mi |
| HOLDENS SEPTIC SERVICES LLC Pawhuska | $932K | 0.2 mi |
| A & M WELL SERVICE LLC Pawhuska | $1.9M | 0.2 mi |
| 4D OIL & GAS LLC Pawhuska | $1.4M | 0.2 mi |
| JIREH RESOURCES LLC Pawhuska | $2.5M | 0.3 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 | $702K |
| Multiple for this size and industry | 2.6× |
| Value range | $332K – $996K |
| Revenue range | $1.1M – $2.2M |
| EBITDA range | $160K – $319K |
| Industry (NAICS) | General Freight Trucking (4841) |
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 FMCSA motor carrier census. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Formby Oil Company
Formby Oil Company is a general freight trucking company in Pawhuska, Oklahoma, in business since 2003. Its estimated annual revenue is about $1.9M, with roughly $270K of EBITDA. Its estimated business value is $702K (likely range $332K–$996K).
Common questions
- Who owns Formby Oil Company?
- The owner of Formby Oil 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 Formby Oil Company make?
- SeeBITDA estimates Formby Oil Company's annual revenue at about $1.9M (likely between $1.1M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Formby Oil Company worth?
- About $702K, roughly 2.6× its estimated EBITDA of $270K, typical for a general freight trucking company its size. Likely range: $332K–$996K.
- When was Formby Oil Company founded?
- Formby Oil Company has been in business since 2003.