Dan D Drilling Corp.
How we got $21.4M
Based on its 32 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 20 years (since 2006)
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 |
|---|---|---|
| DAN D DRILLING CORP. this business | $21.5M | — |
| DOUBLE R OILFIELD SERVICES LLC Lamont · 9 employees | $3.4M | 0.2 mi |
| J-B OILFIELD SERVICES, LLC Lamont · 16 employees | $7.4M | 0.2 mi |
| MENDENHALL DRILLING, INC. Lamont · 17 employees | $7.3M | 0.4 mi |
| 3D WELL SERVICE, INC. Lamont · 16 employees | $5.2M | 2.6 mi |
| DEM OPERATIONS, INC. Lamont · 3 employees | $1.4M | 3.0 mi |
| CASING CREWS, INC. Lamont · 36 employees | $22.4M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 32 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.9M |
| Estimate: the two combined (geometric mean) | $21.5M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.9M |
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 | $21.4M |
| Multiple for this size and industry | 4.4× |
| Value range | $11.3M – $29.3M |
| Revenue range | $14.1M – $24.5M |
| EBITDA range | $3.2M – $5.6M |
| 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
- BankingThe State Exchange 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
| The State Exchange Bank PPP 2020, PPP 2021 | All 52 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $703K | 32 |
| 1/23/2021 | second | $403K | 31 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Dan D Drilling Corp.
Dan D Drilling Corp. is an oil & gas company in Lamont, Oklahoma, in business since 2006. It is owned by Dan Darling. Its estimated annual revenue is about $21.5M, with roughly $4.9M of EBITDA. It has about 32 employees. Its estimated business value is $21.4M (likely range $11.3M–$29.3M).
Common questions
- Who owns Dan D Drilling Corp.?
- Dan D Drilling Corp. is owned by Dan Darling, according to public sources such as the company's website or filings.
- How much revenue does Dan D Drilling Corp. make?
- SeeBITDA estimates Dan D Drilling Corp.'s annual revenue at about $21.5M (likely between $14.1M and $24.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Dan D Drilling Corp. worth?
- About $21.4M, roughly 4.4× its estimated EBITDA of $4.9M, typical for a oil & gas company its size. Likely range: $11.3M–$29.3M.
- How many employees does Dan D Drilling Corp. have?
- About 32, as reported on its PPP loan.
- When was Dan D Drilling Corp. founded?
- Dan D Drilling Corp. has been in business since 2006.