Bluefin Water Solutions, LLC
How we got $46.4M
Based on its 69 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 |
|---|---|---|
| BLUEFIN WATER SOLUTIONS, LLC this business | $39.2M | — |
| RIVER BASIN RENTAL, LLC Purcell · 1 employees | $414K | 0.0 mi |
| THUNDER CHASE CORP Purcell · 1 employees | $629K | 1.7 mi |
| KLEIN ENERGY SERVICES, LLC Purcell · 6 employees | $2.6M | 1.8 mi |
| MP LAND SERVICES, LLC Purcell · 12 employees | $5.0M | 2.9 mi |
| J33 ENTERPRISE LLC Purcell · 3 employees | $1.7M | 3.6 mi |
| PREMIER WELLHEAD SERVICES Noble · 4 employees | $2.2M | 3.9 mi |
The full calculation
| Employees reported to the SBA | 69 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $30.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $38.6M |
| Estimate: the two combined (geometric mean) | $39.2M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $8.9M |
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 | $46.4M |
| Multiple for this size and industry | 5.2× |
| Value range | $24.4M – $63.4M |
| Revenue range | $25.8M – $44.7M |
| EBITDA range | $5.9M – $10.2M |
| 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/4/2020 | first | $1.1M | 69 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bluefin Water Solutions, LLC
Bluefin Water Solutions, LLC is an oil & gas company in Purcell, Oklahoma, in business since 2018. It is owned by Miguel Salazar. Its estimated annual revenue is about $39.2M, with roughly $8.9M of EBITDA. It has about 69 employees. Its estimated business value is $46.4M (likely range $24.4M–$63.4M).
Common questions
- Who owns Bluefin Water Solutions, LLC?
- Bluefin Water Solutions, LLC is owned by Miguel Salazar, according to public sources such as the company's website or filings.
- How much revenue does Bluefin Water Solutions, LLC make?
- SeeBITDA estimates Bluefin Water Solutions, LLC's annual revenue at about $39.2M (likely between $25.8M and $44.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bluefin Water Solutions, LLC worth?
- About $46.4M, roughly 5.2× its estimated EBITDA of $8.9M, typical for a oil & gas company its size. Likely range: $24.4M–$63.4M.
- How many employees does Bluefin Water Solutions, LLC have?
- About 69, as reported on its PPP loan.
- When was Bluefin Water Solutions, LLC founded?
- Bluefin Water Solutions, LLC has been in business since 2018.