Cp Well Testing, LLC
How we got $64.9M
Based on its 76 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CP WELL TESTING, LLC this business | $47.6M | — |
| CP ENERGY SERVICES INC Weatherford · 36 employees | $13.7M | 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 | 76 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $33.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $51.6M |
| Estimate: the two combined (geometric mean) | $47.6M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $10.8M |
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 | $64.9M |
| Multiple for this size and industry | 6× |
| Value range | $34.1M – $88.8M |
| Revenue range | $31.3M – $54.3M |
| EBITDA range | $7.1M – $12.3M |
| 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
People & advisors
Advisors
- 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 |
|---|---|---|---|
| 4/14/2020 | first | $1.5M | 76 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cp Well Testing, LLC
Cp Well Testing, LLC is an oil & gas company in Weatherford, Oklahoma, in business since 2008. Its estimated annual revenue is about $47.6M, with roughly $10.8M of EBITDA. It has about 76 employees. Its estimated business value is $64.9M (likely range $34.1M–$88.8M).
Common questions
- Who owns Cp Well Testing, LLC?
- The owner of Cp Well Testing, 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 Cp Well Testing, LLC make?
- SeeBITDA estimates Cp Well Testing, LLC's annual revenue at about $47.6M (likely between $31.3M and $54.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cp Well Testing, LLC worth?
- About $64.9M, roughly 6× its estimated EBITDA of $10.8M, typical for a oil & gas company its size. Likely range: $34.1M–$88.8M.
- How many employees does Cp Well Testing, LLC have?
- About 76, as reported on its PPP loan.
- When was Cp Well Testing, LLC founded?
- Cp Well Testing, LLC has been in business since 2008.