Cp Drilling Corp
How we got $1.5M
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 4% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CP DRILLING CORP this business | $1.7M | — |
| WILD WEST WELL TESTING LLC Leedey · 1 employees | $458K | 3.2 mi |
| LEEDEY GAS AND OIL Leedey · 4 employees | $1.4M | 3.5 mi |
| GENERATION FOUR DISPOSALS LLC Leedey · 8 employees | $3.7M | 3.7 mi |
| Q AND Q TRUCKING LLC Leedey · 7 employees | $3.9M | 4.0 mi |
| GENERATION FOUR DISP0SALS LLC Leedey · 8 employees | $3.8M | 5.3 mi |
| CX SERVICES LLC Leedey · 1 employees | $505K | 5.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $516K |
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 | $1.5M |
| Multiple for this size and industry | 3× |
| Value range | $815K – $2.1M |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $340K – $589K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
People & advisors
Advisors
- BankingBank 7PPP / 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
| Bank 7 PPP 2021 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/22/2021 | first | $59K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cp Drilling Corp
Cp Drilling Corp is an oil & gas company in Leedey, Oklahoma, in business since 2000. Its estimated annual revenue is about $1.7M, with roughly $516K of EBITDA. It has about 2 employees. Its estimated business value is $1.5M (likely range $815K–$2.1M).
Common questions
- Who owns Cp Drilling Corp?
- The owner of Cp Drilling Corp 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 Cp Drilling Corp make?
- SeeBITDA estimates Cp Drilling Corp's annual revenue at about $1.7M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cp Drilling Corp worth?
- About $1.5M, roughly 3× its estimated EBITDA of $516K, typical for a oil & gas company its size. Likely range: $815K–$2.1M.
- How many employees does Cp Drilling Corp have?
- About 2, as reported on its PPP loan.
- When was Cp Drilling Corp founded?
- Cp Drilling Corp has been in business since 2000.