Big Buckets Rat Hole Drilling Inc.
How we got $813K
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 |
|---|---|---|
| BIG BUCKETS RAT HOLE DRILLING INC. this business | $1.0M | — |
| BIG BUCKET'S RAT HOLE DRILLING, INC. Enid · 3 employees | $1.4M | 0.0 mi |
| UNION VALLEY PETROLEUM CORPORATION Enid · 4 employees | $2.1M | 0.4 mi |
| BUY RITE SERVICES, LLC Enid · 13 employees | $8.2M | 0.9 mi |
| Washita Valley Enterprise Enid | $1.5M | 1.0 mi |
| OILFIELD DISTRIBUTION SPECIALISTS LLC Enid · 1 employees | $712K | 1.2 mi |
| SMPC INC Enid · 1 employees | $551K | 1.3 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) | $832K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $339K |
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 | $813K |
| Multiple for this size and industry | 2.4× |
| Value range | $428K – $1.1M |
| Revenue range | $664K – $1.2M |
| EBITDA range | $223K – $386K |
| 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
- BankingNBC OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| NBC Oklahoma PPP 2021 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/6/2021 | second | $21K | 2 |
About Big Buckets Rat Hole Drilling Inc.
Big Buckets Rat Hole Drilling Inc. is an oil & gas company in Enid, Oklahoma. Its estimated annual revenue is about $1.0M, with roughly $339K of EBITDA. It has about 2 employees. Its estimated business value is $813K (likely range $428K–$1.1M).
Common questions
- Who owns Big Buckets Rat Hole Drilling Inc.?
- The owner of Big Buckets Rat Hole 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 Big Buckets Rat Hole Drilling Inc. make?
- SeeBITDA estimates Big Buckets Rat Hole Drilling Inc.'s annual revenue at about $1.0M (likely between $664K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Big Buckets Rat Hole Drilling Inc. worth?
- About $813K, roughly 2.4× its estimated EBITDA of $339K, typical for a oil & gas company its size. Likely range: $428K–$1.1M.
- How many employees does Big Buckets Rat Hole Drilling Inc. have?
- About 2, as reported on its PPP loan.