Oil & Gas Businesses for Sale in Wyoming.
Fuel distribution businesses offer something genuinely rare: infrastructure-backed revenue with customers who tend to stay for decades, and the best ones have government and utility contracts that have renewed without interruption for years.
Rejigg lists 1 oil & gas businesses for sale in Wyoming.
Featured Oil & Gas Businesses in Wyoming
Showing 1 of 1 listings
Search, filter, and find your perfect opportunity
What to know about buying an oil & gas business in Wyoming
Energy and mining, agriculture and ranching, tourism around the national parks, construction and home services, and trucking make up the market, with Cheyenne and Casper holding most of the listings. Wyoming has no corporate or individual income tax and no franchise tax; the state funds itself through sales tax, mineral severance taxes and property taxes. General contractors are licensed by cities and counties, and electricians are licensed by the state. Energy revenue follows commodity cycles, so service companies tied to drilling and mining need several years of history. SBA 7(a) lending runs through community banks, with the SBA district office in Casper. Cheyenne, Casper and Jackson are the active areas.
How oil & gas businesses are valued
Asking prices are set as a multiple of earnings: 3x–8x annual profit, depending on contracts, infrastructure, and how much runs without you.
Where you land in that range depends on how much revenue is locked in with contracts versus spot sales, whether the business held up through the last downturn, and how much of your profits go right back into fleet and tank upkeep.
- Multi-year contracts with reliable customers
- Customer mix across different industries
- Storage facilities and supply access
- Maintenance and compliance work that repeats every year
What buyers of oil & gas businesses look for
- Regional fuel distributors looking to expand their territory or add product lines
- Oilfield services companies looking to bring fuel supply and logistics in-house
- Companies from related sectors like propane, fleet fueling, or environmental services
- Experienced operators looking for an infrastructure-backed business with steady contract revenue
The first questions buyers ask:
- Financials. Can you prove your earnings are real after maintenance capex, downtime, and owner add-backs?
- Cycle Exposure. What are you actually exposed to: drilling, completions, production, or downstream demand—and what breaks first in a downturn?
- Fleet & Capex. What’s the true maintenance load on trucks, tanks, and iron, and what’s actually ready to work versus parked for a reason?
Rejigg deals closed in Wyoming
Across 41 closed deals on Rejigg, the median time from first pitch to close is 174 days.
See all Rejigg deal dataDue diligence
What to Look For
Practical guidance from hundreds of real acquisition conversations.
Contract Quality and Customer Tenure
- Ask for a list of the top 20 customers with annual purchase volume, agreement type, remaining contract term, and how long they've been buying.
- Multi-year government and utility contracts that have renewed consistently are the backbone of a strong fuel distribution acquisition.
- Understand what percentage of revenue is under written contract versus on-demand or spot basis.
- Government and utility contracts that have renewed for five or more consecutive years are the clearest signal of durable revenue in this category.
Storage Infrastructure and Environmental Records
- Get a complete picture of what storage facilities and tank assets are included in the deal.
- Ask for tank inspection records, environmental assessments, and site cleanup history for every location before you go deep into diligence.
- Clean environmental records turn a potential concern into a non-issue. Missing or unclear records are the most common reason fuel distribution deals stall or reprice.
Customer Diversification Across Industries
- Ask how revenue breaks down across customer types: agricultural, municipal, oilfield, infrastructure, and commercial.
- A distribution business with revenue spread across multiple industries is insulated from a downturn in any single sector.
- Understanding the mix tells you a lot about how the business has performed through past commodity cycles.
Operations Without the Owner
- Find out who handles dispatch, customer service, and daily logistics, and how long those people have been with the business.
- Ask about the management structure: who makes daily decisions, how fleet maintenance is scheduled, and whether there are site managers at satellite locations.
- A business where the team runs operations without daily owner direction is what you want to step into.
Valuation
What Should You Expect to Pay?
3x-5x
SDE
Spot-based revenue, owner-dependent operations
5x-8x
EBITDA
Government and utility contracts, owned storage, management team
The spread reflects how much revenue is locked in under multi-year contracts versus exposed to spot pricing, and whether the business includes owned storage infrastructure that would cost years and significant capital to replicate.
What drives a premium
Multi-year government and utility contracts representing 70%+ of revenue with strong renewal history
Revenue spread across agricultural, municipal, oilfield, and infrastructure customers
Owned or long-leased bulk storage and tank infrastructure with clean environmental records
Annual compliance and maintenance work that generates predictable recurring income
SBA Loan Calculator
See what your monthly payments would look like at different deal sizes