Established Oil and Gas Exploration Company for Sale in West Virginia

View Original Listing

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

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified