American Drilling Co. Inc
How we got $622K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 4% since 2021Today'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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| AMERICAN DRILLING CO. INC this business | $658K | — |
| BIRCHFIELD CONSULTING, LLC Edmond · 1 employees | $557K | 0.2 mi |
| CRW SERVICES LLC Edmond · 1 employees | $557K | 1.3 mi |
| AUTUMN VENTURES LLC Edmond · 1 employees | $681K | 2.0 mi |
| M & M OIL AND GAS CONSULTING LLC Edmond · 1 employees | $692K | 2.3 mi |
| R K PINSON & ASSOCIATES LLC Edmond · 26 employees | $12.7M | 2.4 mi |
| RHINO OIL & GAS, INC. Edmond · 1 employees | $557K | 2.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $354K |
| Estimate: the two combined (geometric mean) | $658K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $259K |
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 | $622K |
| Multiple for this size and industry | 2.4× |
| Value range | $327K – $851K |
| Revenue range | $433K – $750K |
| EBITDA range | $170K – $295K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- 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 Roles are as stated there and may be out of date.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 2021 | 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 |
|---|---|---|---|
| 3/3/2021 | second | $9K | 2 |
About American Drilling Co. Inc
American Drilling Co. Inc is an oil & gas company in Edmond, Oklahoma. Its estimated annual revenue is about $658K, with roughly $259K of EBITDA. It has about 2 employees. Its estimated business value is $622K (likely range $327K–$851K).
Common questions
- Who owns American Drilling Co. Inc?
- The owner of American Drilling Co. 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 American Drilling Co. Inc make?
- SeeBITDA estimates American Drilling Co. Inc's annual revenue at about $658K (likely between $433K and $750K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Drilling Co. Inc worth?
- About $622K, roughly 2.4× its estimated EBITDA of $259K, typical for a oil & gas company its size. Likely range: $327K–$851K.
- How many employees does American Drilling Co. Inc have?
- About 2, as reported on its PPP loan.