Delong Oil & Gas Services, Inc.
How we got $3.2M
Based on its 1 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 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 29% 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 |
|---|---|---|
| DELONG OIL & GAS SERVICES, INC. this business | $3.3M | — |
| HOUGH OILFIELD SERVICES, INC Cushing | $69.6M | 4.8 mi |
| DELONG OIL AND GAS SERVICES INC. Cushing · 1 employees | $3.3M | 4.9 mi |
| THE BRADY COMPANY Cushing · 1 employees | $2.7M | 5.7 mi |
| AWS SERVICES LLC Drumright · 1 employees | $3.5M | 6.1 mi |
| YARHOLA PRODUCTION CO. INC. Drumright · 4 employees | $12.7M | 6.6 mi |
| X-TRA OIL FIELD SERVICE & CONSTRUCTION, INC. Drumright · 6 employees | $16.5M | 6.8 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $992K |
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 | $3.2M |
| Multiple for this size and industry | 3.2× |
| Value range | $1.7M – $4.3M |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $653K – $1.1M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingRCB 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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $11K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Delong Oil & Gas Services, Inc.
Delong Oil & Gas Services, Inc. is a crude petroleum extraction company in Cushing, Oklahoma, in business since 2007. Its estimated annual revenue is about $3.3M, with roughly $992K of EBITDA. It has about 1 employees. Its estimated business value is $3.2M (likely range $1.7M–$4.3M).
Common questions
- Who owns Delong Oil & Gas Services, Inc.?
- The owner of Delong Oil & Gas 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 Delong Oil & Gas Services, Inc. make?
- SeeBITDA estimates Delong Oil & Gas Services, Inc.'s annual revenue at about $3.3M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Delong Oil & Gas Services, Inc. worth?
- About $3.2M, roughly 3.2× its estimated EBITDA of $992K, typical for a crude petroleum extraction company its size. Likely range: $1.7M–$4.3M.
- How many employees does Delong Oil & Gas Services, Inc. have?
- About 1, as reported on its PPP loan.
- When was Delong Oil & Gas Services, Inc. founded?
- Delong Oil & Gas Services, Inc. has been in business since 2007.