D & B Oilfield Services, Inc
How we got $14.8M
Based on its 25 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| D & B OILFIELD SERVICES, INC this business | $13.8M | — |
| R&R ROUSTABOUT SERVICES LLC Ringwood · 42 employees | $23.9M | 0.2 mi |
| RR OILFIELD RENTAL SERVICES, LLC Ringwood · 15 employees | $9.3M | 0.3 mi |
| RR WORKOVER RIGS, LLC Ringwood · 33 employees | $18.4M | 0.3 mi |
| LUCAS WELL SERVICE, LLC Ringwood · 10 employees | $2.9M | 0.6 mi |
| DOUBLE R SERVICE CO, INC Ringwood · 13 employees | $6.2M | 1.1 mi |
| SUPERIOR TANK TRUCK SERVICE LLC Ringwood · 10 employees | $3.9M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.2M |
| Estimate: the two combined (geometric mean) | $13.8M |
| 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 – $20.3M |
| Revenue range | $9.1M – $15.8M |
| 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
- BankingCowboy 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
| Cowboy Bank PPP 2020, PPP 2021 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $374K | 24 |
| 1/20/2021 | second | $364K | 25 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About D & B Oilfield Services, Inc
D & B Oilfield Services, Inc is an oil & gas company in Ringwood, Oklahoma, in business since 2006. Its estimated annual revenue is about $13.8M, with roughly $3.4M of EBITDA. It has about 25 employees. Its estimated business value is $14.8M (likely range $7.8M–$20.3M).
Common questions
- Who owns D & B Oilfield Services, Inc?
- The owner of D & B Oilfield 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 D & B Oilfield Services, Inc make?
- SeeBITDA estimates D & B Oilfield Services, Inc's annual revenue at about $13.8M (likely between $9.1M and $15.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is D & B Oilfield 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–$20.3M.
- How many employees does D & B Oilfield Services, Inc have?
- About 25, as reported on its PPP loan.
- When was D & B Oilfield Services, Inc founded?
- D & B Oilfield Services, Inc has been in business since 2006.