Cp Energy Services Inc
How we got $14.8M
Based on its 36 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Ownership & transactions
- Recapitalization from Prospect Capital · Aug 2013Prospect Capital provided $94.0 million for the recapitalization of CP Energy Services, reported as Hastings selling CP Energy Services to Prospect Capital.Source
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.
Employees over time
▲ 164% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 36 | $13.0M |
| 2020 | Form 5500 | 57 | $20.6M |
| 2021 | Form 5500 | 71 | $25.6M |
| 2022 | Form 5500 | 53 | $19.1M |
| 2023 | Form 5500 | 45 | $16.2M |
| 2024 | Form 5500 | 92 | $33.2M |
| 2025 | Form 5500 | 95 | $34.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CP ENERGY SERVICES INC this business | $13.7M | — |
| CP WELL TESTING, LLC Weatherford · 76 employees | $47.6M | 0.0 mi |
| RBS CAPITAL, LLC Weatherford · 5 employees | $2.4M | 0.3 mi |
| KANNEL SERVICES LLC Weatherford · 1 employees | $557K | 0.3 mi |
| MIKE PROCTORS CONSULTING SERVICE, LLC Weatherford · 1 employees | $600K | 0.4 mi |
| C. BEATY OIL & GAS LLC Weatherford · 1 employees | $496K | 0.7 mi |
| B.O.P. RAM-BLOCK & IRON RENTALS, INC. Weatherford · 85 employees | $35.0M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.1M |
| Estimate: the two combined (geometric mean) | $13.7M |
| 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 | $14.8M |
| Multiple for this size and industry | 4.4× |
| Value range | $7.8M – $20.2M |
| Revenue range | $9.0M – $15.7M |
| EBITDA range | $2.2M – $3.8M |
| 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
- AccountingTurner, Stone & Company, LLPAudits its 401(k) plan (2022 filing)
- BankingSimmons 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
| Simmons Bank PPP 2020 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $256K | 36 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cp Energy Services Inc
Cp Energy Services Inc is an oil & gas company in Weatherford, Oklahoma. Its estimated annual revenue is about $13.7M, with roughly $3.4M of EBITDA. It has about 95 employees. Its estimated business value is $14.8M (likely range $7.8M–$20.2M).
Common questions
- Who owns Cp Energy Services Inc?
- The owner of Cp Energy Services Inc 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 Energy Services Inc make?
- SeeBITDA estimates Cp Energy Services Inc's annual revenue at about $13.7M (likely between $9.0M and $15.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cp Energy Services Inc worth?
- About $14.8M, roughly 4.4× its estimated EBITDA of $3.4M, typical for a oil & gas company its size. Likely range: $7.8M–$20.2M.
- How many employees does Cp Energy Services Inc have?
- About 95, from its 2025 retirement-plan filing.