SeeBITDAOklahoma

Oklahoma businesses likely to sell

2 businesses in oil & gas in Ratliff 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
Citation Oil & Gas Corp
Ratliff City · Support Activities for Oil and Gas Operations · Owner: Forrest E. Harrell, Sr.
  • In business 45 years (since 1981)
  • Founder still runs it after 45 years
  • No family successor named on its website
$1.5M$1.2M60
Mack Energy Co.
Ratliff City · Support Activities for Oil and Gas Operations · Owner: Barbara M. Braught
  • In business 46 years (since 1980)
  • 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.