Established Oil and Gas Exploration Company for Sale in West Virginia
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Financial Details
- Asking Price:
- $10,000,000
- Annual Revenue:
- $1,400,000
- Cash Flow / SDE:
- $1,050,000
- Valuation Multiple:
- 9.5x
- Location:
- Calhoun County, WV, US
- Source:
- Date:
- June 14, 2025
Key Highlights
- Established oil and gas exploration company with 35 years of experience.
- High revenue and net income: $1.4M gross revenue and $1.05M net income.
- Substantial assets including $500K in FFE and $800K in inventory.
Description
Established oil and gas exploration company with a 35-year operational history. The company has a gross revenue of $1,400,000 and a net income of $1,050,000. The company specializes in acquiring and developing quality oil and natural gas properties. The company has $500,000 in furniture, fixtures, and equipment (FFE) and an inventory valued at $800,000. The seller is looking to retire.
Industry Information
- Industry Description:
- Oil and Gas
- Classification:
- Manufacturing
Listing Details
- Listing ID:
- 7c70c762-b039-40b5-b8b8-0902ade211d3
- Deal Status:
- For Sale
- Date Posted:
- June 14, 2025
- Last Updated:
- June 14, 2025
- Currency:
- USD
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