Coates Field Service, Inc.
- Andy SachsChief Operating Officer · Company website
- Mark SelfChief Financial Officer · Company website
- John CoatesCounsel · Company website
How we got $122.3M
Based on its 205 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 1% 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
Signs of a sale Some signs of a sale
- In business 76 years (since 1950)
- Family in the business (JOHN COATES, Counsel)
From public records and the company's website, not a statement that it's for sale.
What they do
Coates Field Service provides land acquisition and right of way services to energy providers, utilities, municipalities, DOT's, and oil and gas companies. It has been operating since 1950.
From the company's website. Industry: Other Activities Related to Real Estate.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 4 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 7 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 8 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 2 mi · $711.9M
- MUSTANG FUEL CORPORATION · Oklahoma City, 3 mi · $708.4M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COATES FIELD SERVICE, INC. this business | $107.8M | — |
| ALOR PROPERTIES LLC Oklahoma City · 3 employees | $1.7M | 0.2 mi |
| CORAL VENDING INC. Oklahoma City · 2 employees | $674K | 0.2 mi |
| JANNA COLE Oklahoma City · 1 employees | $388K | 0.8 mi |
| WHEELER VALUATION ADVISORS LLC Oklahoma City · 1 employees | $255K | 0.8 mi |
| SUBSTANCIA ASSET MANAGEMENT GROUP LLC Oklahoma City · 11 employees | $2.3M | 1.0 mi |
| MJ SOFTWARE & MANAGEMENT, LLC Oklahoma City · 8 employees | $2.8M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 205 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $97.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $92.0M |
| Estimate: the two combined (geometric mean) | $107.8M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $20.4M |
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 | $122.3M |
| Multiple for this size and industry | 6× |
| Value range | $64.4M – $167.3M |
| Revenue range | $70.9M – $122.9M |
| EBITDA range | $13.4M – $23.2M |
| Industry (NAICS) | Other Activities Related to Real Estate (531390) |
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
“John J. "Jack" Coates had just made history by founding the first right-of-way acquisition company in the United States, based in his hometown of Oklahoma City.”
Advisors
- BankingInterBankPPP / 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
| InterBank PPP 2020 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $4.5M | 205 |
2 locations
| 4800 N SANTA FE AVE | Oklahoma City | This listing |
| 3150 NW 149th St | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Coates Field Service, Inc.
Coates Field Service, Inc. is a family-owned other activities related to real estate company in Oklahoma City, Oklahoma, in business since 1950. It is owned by Joe Coates (President). Its estimated annual revenue is about $107.8M, with roughly $20.4M of EBITDA. It has about 205 employees. Its estimated business value is $122.3M (likely range $64.4M–$167.3M). It has 2 locations.
Common questions
- Who owns Coates Field Service, Inc.?
- Coates Field Service, Inc. is owned by Joe Coates (President), according to public sources such as the company's website or filings.
- How much revenue does Coates Field Service, Inc. make?
- SeeBITDA estimates Coates Field Service, Inc.'s annual revenue at about $107.8M (likely between $70.9M and $122.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Coates Field Service, Inc. worth?
- About $122.3M, roughly 6× its estimated EBITDA of $20.4M, typical for a other activities related to real estate company its size. Likely range: $64.4M–$167.3M.
- How many employees does Coates Field Service, Inc. have?
- About 205, as reported on its PPP loan.
- When was Coates Field Service, Inc. founded?
- Coates Field Service, Inc. has been in business since 1950.