Bruce Burdick Welding and Roustabout Service, LLC
How we got $15.0M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BRUCE BURDICK WELDING AND ROUSTABOUT SERVICE, LLC this business | $14.0M | — |
| Tier 1 Completions Solutions. Weatherford Ok Weatherford | $1.5M | 0.1 mi |
| FLEX-CHEM SERVICES CORPORATION Weatherford · 79 employees | $35.0M | 0.2 mi |
| FLEX-CHEM CORPORTATION Weatherford · 4 employees | $1.5M | 0.2 mi |
| A & H, INC. Weatherford · 9 employees | $4.1M | 0.3 mi |
| ECO-LIFT ENERGY SERVICES INCORPORATED Weatherford · 3 employees | $2.1M | 0.3 mi |
| M WRIGHT SERVICES, LLC Weatherford · 214 employees | $119.7M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.7M |
| Estimate: the two combined (geometric mean) | $14.0M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $3.4M |
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 | $15.0M |
| Multiple for this size and industry | 4.4× |
| Value range | $7.9M – $20.5M |
| Revenue range | $9.2M – $15.9M |
| EBITDA range | $2.2M – $3.9M |
| 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
- BankingBlue Sky 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 Roles are as stated there and may be out of date.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
| Blue Sky Bank PPP 2020, PPP 2021 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $415K | 23 |
| 1/26/2021 | second | $197K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bruce Burdick Welding and Roustabout Service, LLC
Bruce Burdick Welding and Roustabout Service, LLC is an oil & gas company in Weatherford, Oklahoma. It is owned by Bruce H Burdick. Its estimated annual revenue is about $14.0M, with roughly $3.4M of EBITDA. It has about 23 employees. Its estimated business value is $15.0M (likely range $7.9M–$20.5M).
Common questions
- Who owns Bruce Burdick Welding and Roustabout Service, LLC?
- Bruce Burdick Welding and Roustabout Service, LLC is owned by Bruce H Burdick, according to public sources such as the company's website or filings.
- How much revenue does Bruce Burdick Welding and Roustabout Service, LLC make?
- SeeBITDA estimates Bruce Burdick Welding and Roustabout Service, LLC's annual revenue at about $14.0M (likely between $9.2M and $15.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bruce Burdick Welding and Roustabout Service, LLC worth?
- About $15.0M, roughly 4.4× its estimated EBITDA of $3.4M, typical for a oil & gas company its size. Likely range: $7.9M–$20.5M.
- How many employees does Bruce Burdick Welding and Roustabout Service, LLC have?
- About 23, as reported on its PPP loan.