Akerman Drilling Inc
How we got $14.5M
Based on 29 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 5% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| AKERMAN DRILLING INC this business | $13.5M | — |
| DARRELLS DRILLING INC Konawa · 7 employees | $2.9M | 1.5 mi |
| DUCK BROS. DOZER AND TRUCKING, INC. Konawa · 14 employees | $5.7M | 1.8 mi |
| KONAWA WELL SERVICE LLC Konawa · 2 employees | $1.1M | 2.8 mi |
| D.S OILFIELD CONSULTING Ada · 1 employees | $711K | 7.4 mi |
| THE GUINN COMPANY L.L.C. Asher · 6 employees | $2.4M | 9.1 mi |
| ST. LOUIS WELL SERVICING COMPANY, LLC Saint Louis · 59 employees | $22.9M | 9.3 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Industry revenue per employee | $330K |
| Revenue = employees × revenue per employee | $13.5M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $3.3M |
| Cross-check: revenue implied by PPP payroll | $2.0M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $14.5M |
| Multiple for this size and industry | 4.4× |
| Value range | $6.9M – $20.6M |
| Revenue range | $8.0M – $16.0M |
| EBITDA range | $2.0M – $3.9M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $72K | 29 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Akerman Drilling Inc
Akerman Drilling Inc is an oil & gas company in Konawa, Oklahoma, in business since 1998. Its estimated annual revenue is about $13.5M, with roughly $3.3M of EBITDA. It has about 29 employees. Its estimated business value is $14.5M (likely range $6.9M–$20.6M).
Common questions
- Who owns Akerman Drilling Inc?
- The owner of Akerman Drilling Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Akerman Drilling Inc make?
- SeeBITDA estimates Akerman Drilling Inc's annual revenue at about $13.5M (likely between $8.0M and $16.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Akerman Drilling Inc worth?
- About $14.5M, roughly 4.4× its estimated EBITDA of $3.3M, typical for a oil & gas company its size. Likely range: $6.9M–$20.6M.
- How many employees does Akerman Drilling Inc have?
- About 29, as reported on its PPP loan.
- When was Akerman Drilling Inc founded?
- Akerman Drilling Inc has been in business since 1998.