Allegiant Energy Services, LLC
How we got $35.5M
Based on its 42 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ALLEGIANT ENERGY SERVICES, LLC this business | $30.1M | — |
| Stream-flo Oklahoma City | $1.5M | 0.1 mi |
| Spindletop Energy Products Oklahoma City | $1.5M | 0.1 mi |
| J&j Pressure Management Oklahoma City | $1.5M | 0.2 mi |
| Clutchco International Oklahoma City | $1.5M | 0.2 mi |
| Pcs Ferguson Oklahoma City | $1.5M | 0.4 mi |
| DIAMOND CONSTRUCTION CO OF SHATTUCK INC. Oklahoma City · 64 employees | $38.2M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 42 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $18.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $37.3M |
| Estimate: the two combined (geometric mean) | $30.1M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $6.8M |
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 | $35.5M |
| Multiple for this size and industry | 5.2× |
| Value range | $18.7M – $48.6M |
| Revenue range | $19.8M – $34.3M |
| EBITDA range | $4.5M – $7.8M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingGreat Plains National BankPPP / 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $1.1M | 42 |
About Allegiant Energy Services, LLC
Allegiant Energy Services, LLC is an oil & gas company in Oklahoma City, Oklahoma. It is owned by Danny Pickelsimer. Its estimated annual revenue is about $30.1M, with roughly $6.8M of EBITDA. It has about 42 employees. Its estimated business value is $35.5M (likely range $18.7M–$48.6M).
Common questions
- Who owns Allegiant Energy Services, LLC?
- Allegiant Energy Services, LLC is owned by Danny Pickelsimer, according to public sources such as the company's website or filings.
- How much revenue does Allegiant Energy Services, LLC make?
- SeeBITDA estimates Allegiant Energy Services, LLC's annual revenue at about $30.1M (likely between $19.8M and $34.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Allegiant Energy Services, LLC worth?
- About $35.5M, roughly 5.2× its estimated EBITDA of $6.8M, typical for a oil & gas company its size. Likely range: $18.7M–$48.6M.
- How many employees does Allegiant Energy Services, LLC have?
- About 42, as reported on its PPP loan.