Cavalry Well Service, LLC
How we got $13.6M
Based on its 40 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 5% 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 |
|---|---|---|
| CAVALRY WELL SERVICE, LLC this business | $12.7M | — |
| AMERICAN PETROLEUM CORP Ratliff City · 6 employees | $3.0M | 2.1 mi |
| EDDIE JOHNSON'S WELDING AND MACHINE CO Ratliff City · 3 employees | $1.3M | 2.2 mi |
| FLECTCHER OIL LLC Ratliff City · 1 employees | $368K | 2.4 mi |
| Linn Energy Ratliff City | $2.9M | 2.4 mi |
| Citation Oil & Gas Corp Ratliff City | $1.5M | 2.4 mi |
| RAIDER PRESSURE PUMPING SERVICES LLC Ratliff City · 22 employees | $13.7M | 2.5 mi |
The full calculation
| Employees reported to the SBA | 40 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.9M |
| Estimate: the two combined (geometric mean) | $12.7M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $3.1M |
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 | $13.6M |
| Multiple for this size and industry | 4.4× |
| Value range | $7.2M – $18.6M |
| Revenue range | $8.3M – $14.5M |
| EBITDA range | $2.0M – $3.5M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $279K | 40 |
| 3/12/2021 | second | $279K | 37 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cavalry Well Service, LLC
Cavalry Well Service, LLC is an oil & gas company in Ratliff City, Oklahoma, in business since 2017. Its estimated annual revenue is about $12.7M, with roughly $3.1M of EBITDA. It has about 40 employees. Its estimated business value is $13.6M (likely range $7.2M–$18.6M).
Common questions
- Who owns Cavalry Well Service, LLC?
- The owner of Cavalry Well Service, 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 Cavalry Well Service, LLC make?
- SeeBITDA estimates Cavalry Well Service, LLC's annual revenue at about $12.7M (likely between $8.3M and $14.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cavalry Well Service, LLC worth?
- About $13.6M, roughly 4.4× its estimated EBITDA of $3.1M, typical for a oil & gas company its size. Likely range: $7.2M–$18.6M.
- How many employees does Cavalry Well Service, LLC have?
- About 40, as reported on its PPP loan.
- When was Cavalry Well Service, LLC founded?
- Cavalry Well Service, LLC has been in business since 2017.