SeeBITDAOklahoma

Oklahoma businesses likely to sell

22 businesses in oil & gas in Oklahoma City show several signs that an owner may be getting ready to sell: decades in business, the founder still running it, no family successor, or a shrinking workforce. Signals, not certainties: a good list to start conversations from.

BusinessEst. revenueEst. valueScore
CRAWLEY PETROLEUM CORPORATION
Oklahoma City · Natural Gas Extraction · Owner: Jim Crawley
  • In business 54 years (since 1972)
  • Founder still runs it after 54 years
  • No family successor named on its website
$39.1M$48.9M60
KIRKPATRICK OIL COMPANY, INC.
Oklahoma City · Natural Gas Extraction · Owner: John Kirkpatrick
  • In business 76 years (since 1950)
  • Founder still runs it after 76 years
  • No family successor named on its website
$25.3M$31.6M60
LANCE RUFFEL OIL & GAS, LLC
Oklahoma City · Crude Petroleum Extraction · Owner: Lance Ruffel
  • In business 43 years (since 1983)
  • Founder still runs it after 43 years
  • No family successor named on its website
$22.0M$23.5M60
EAGLE DRILLING FLUIDS, L.L.C.
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Zane Fleming
  • In business 43 years (since 1983)
  • Founder still runs it after 43 years
  • No family successor named on its website
$4.1M$4.1M60
CIRCLE 9 RESOURCES LLC
Oklahoma City · Oil and Gas Extraction · Owner: North Whipple
  • In business 31 years (since 1995)
  • Founder still runs it after 31 years
  • Headcount down 50% since 2022 (retirement plan filings)
$99.4M$126.5M57
PINSON WELL LOGGING
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Bill Pinson
  • In business 41 years (since 1985)
  • Founder still runs it after 41 years
$21.2M$21.2M50
JOLEN OPERATING COMPANY
Oklahoma City · Crude Petroleum Extraction · Owner: Richard Fleischaker
  • In business 45 years (since 1981)
  • Founder still runs it after 45 years
$4.9M$5.2M50
Stream-flo
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Duncan McNeill
  • In business 64 years (since 1962)
  • Founder still runs it after 64 years
$1.5M$1.2M50
TRES MANAGEMENT INC
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Jason Goss
  • In business 34 years (since 1992)
  • No family successor named on its website
  • Headcount down 47% since 2021 (retirement plan filings)
$10.0M$10.7M47
FRONTIER DRILLING LLC
Oklahoma City · Drilling Oil and Gas Wells · Owner: Mac McAlister
  • In business 26 years (since 2000)
  • Founder still runs it after 26 years
$103.1M$123.0M42
BLAKE PRODUCTION COMPANY, INC.
Oklahoma City · Oil and Gas Extraction · Owner: Blake Vernon
  • In business 39 years (since 1987)
  • Founder still runs it after 39 years
$13.8M$14.8M42
MUSTANG FUEL CORPORATION
Oklahoma City · Crude Petroleum Extraction · Owner: Gas Operations
  • In business 77 years (since 1949)
  • No family successor named on its website
$116.5M$148.2M40
JMA ENERGY COMPANY, LLC
Oklahoma City · Crude Petroleum Extraction · Owner: Jeffrey J. McDougall
  • In business 40 years (since 1986)
  • Founder still runs it after 40 years
  • Family in the business (Chad McDougall, Vice President)
$22.8M$28.5M40
OKLAND OIL COMPANY
Oklahoma City · Crude Petroleum Extraction · Owner: Steve Wetwiska
  • In business 48 years (since 1978)
  • No family successor named on its website
$13.0M$13.9M40
STAR PIPE SERVICE, INC.
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Glenn Houck
  • In business 41 years (since 1985)
  • Founder still runs it after 41 years
  • Family in the business (Bobby Houck, General Manager)
$11.2M$11.2M40
GARRETT AND COMPANY, LLC
Oklahoma City · Drilling Oil and Gas Wells · Owner: Otis Garrett
  • In business 111 years (since 1915)
  • Founder still runs it after 111 years
  • Family in the business (William P. "Pat" Garrett, Manager)
$9.7M$10.4M40
GULF EXPLORATION, LLC
Oklahoma City · Drilling Oil and Gas Wells · Owner: Otis Garrett
  • In business 111 years (since 1915)
  • Founder still runs it after 111 years
  • Family in the business (Pat Garrett, Manager)
$9.7M$10.4M40
WESTERN OIL AND GAS DEVELOPMENT CORP.
Oklahoma City · Crude Petroleum Extraction · Owner: FRANK BANNISTER
  • In business 41 years (since 1985)
  • No family successor named on its website
$7.3M$6.8M40
Wild Well Control
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Bryan Ellis
  • In business 51 years (since 1975)
  • No family successor named on its website
$3.0M$968K40
Buttram Energies
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Frank Buttram
  • In business 109 years (since 1917)
  • Founder still runs it after 109 years
  • Family in the business (Kim Buttram, Leader (fourth generation of Buttram leadership))
$1.5M$1.2M40
Duncan Oil Properties Inc
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: J. Walter Duncan IV
  • In business 45 years (since 1981)
  • No family successor named on its website
$1.5M$1.2M40
M&m Energy Supply Co. (corporate Office)
Oklahoma City · Support Activities for Oil and Gas Operations · Owner: Randy Trachtenberg
  • In business 78 years (since 1948)
  • No family successor named on its website
$1.5M$1.2M40

How the score works

Points for years in business (15, 25 and 40+ years), a founder still in charge after 20 years, no family member on the team after 25 years, and a headcount down 20% or more on recent retirement-plan filings. Points come off for family already in the business and for a recent sale or investment. Businesses scoring 40+ are listed. Founding years come from public records and the company's own website; see the methodology.