Blackbeard Directional, LLC
How we got $11.5M
Based on its 19 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 1% 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 |
|---|---|---|
| BLACKBEARD DIRECTIONAL, LLC this business | $10.7M | — |
| STEWART WELL TESTING, LLC. Amber · 1 employees | $689K | 0.3 mi |
| BLACKBEARD DIRECTIONAL, LLC Tuttle · 26 employees | $11.7M | 4.6 mi |
| STEPHENS OIL COMPANY Chickasha · 9 employees | $2.7M | 7.8 mi |
| STEAGALL OIL COMPANY INC. Chickasha · 25 employees | $13.5M | 8.1 mi |
| STEGALL OIL COMPANY, INC. Chickasha · 28 employees | $16.0M | 8.1 mi |
| SWAN PIPELINE SERVICES, LLC Chickasha · 28 employees | $9.3M | 8.1 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.1M |
| Estimate: the two combined (geometric mean) | $10.7M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.6M |
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 | $11.5M |
| Multiple for this size and industry | 4.4× |
| Value range | $6.1M – $15.7M |
| Revenue range | $7.1M – $12.2M |
| EBITDA range | $1.7M – $3.0M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 1/16/2021 | second | $329K | 19 |
About Blackbeard Directional, LLC
Blackbeard Directional, LLC is an oil & gas company in Amber, Oklahoma. Its estimated annual revenue is about $10.7M, with roughly $2.6M of EBITDA. It has about 19 employees. Its estimated business value is $11.5M (likely range $6.1M–$15.7M).
Common questions
- Who owns Blackbeard Directional, LLC?
- The owner of Blackbeard Directional, LLC 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 Blackbeard Directional, LLC make?
- SeeBITDA estimates Blackbeard Directional, LLC's annual revenue at about $10.7M (likely between $7.1M and $12.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Blackbeard Directional, LLC worth?
- About $11.5M, roughly 4.4× its estimated EBITDA of $2.6M, typical for a oil & gas company its size. Likely range: $6.1M–$15.7M.
- How many employees does Blackbeard Directional, LLC have?
- About 19, as reported on its PPP loan.