Derrick Oneal Company LLC
How we got $1.5M
Based on its 6 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Family in the business (Jake Rader, PE, Vice President of Engineering)
From public records and the company's website, not a statement that it's for sale.
What they do
Derrick Oneal Company provides engineering, design, equipment, fabrication and field support for natural gas processing plants, serving midstream gas processing operators.
From the company's website. Industry: Engineering & architecture.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 3 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 4 mi · $467.7M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 9 mi · $326.7M
- BKG INDUSTRIES, LLC · Stigler, 67 mi · $318.2M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 10 mi · $315.1M
Estimated value over time
▲ 90% 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
▲ 267% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 6 | $1.3M |
| 2020 | Form 5500 | 6 | $1.3M |
| 2021 | Form 5500 | 6 | $1.3M |
| 2022 | Form 5500 | 8 | $1.7M |
| 2023 | Form 5500 | 8 | $1.7M |
| 2024 | Form 5500 | 18 | $3.9M |
| 2025 | Form 5500 | 22 | $4.8M |
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 |
|---|---|---|
| DERRICK ONEAL COMPANY LLC this business | $2.6M | — |
| POWER LAWN AND LANDSCAPING LLP Tulsa · 4 employees | $1.4M | 0.2 mi |
| Experimac South Tulsa Tulsa | $2.0M | 0.2 mi |
| GATES TECHNOLOGY INTERNATIONAL LTD Tulsa · 1 employees | $453K | 0.3 mi |
| T-Williams Computers Tulsa | $2.0M | 0.4 mi |
| L.T. MAPPING SERVICES, INC. Tulsa · 3 employees | $909K | 0.9 mi |
| Preferred Office Technologies Tulsa | $4.0M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $426K |
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 | $1.5M |
| Multiple for this size and industry | 3.5× |
| Value range | $785K – $2.0M |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $280K – $486K |
| Industry (NAICS) | Engineering Services (541330) |
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
“Since founding the Derrick Oneal Company in 2019, he has utilized his extensive knowledge to develop state-of-the-art solutions in the midstream industry.”
Leadership
- JRJake Rader, PEVice President of Engineering · Company website · source
- DBDaniel BrownVice President of Operations · Company website · source
- CGClay Grogan, PEProcess Engineering Manager · Company website · source
- HGHelen GrossDirector of Business Development · Company website · source
- CPClint PollardDirector of Strategic Partnerships · Company website · source
- JEJustin Elder, PEElectrical Engineering Manager · Company website · source
- CWCody WarrenSenior Mechanical Engineer · Company website · source
- JTJosh TravisDrafting Manager · Company website · source
- BLBrad LoweSenior Lead Designer · Company website · source
Advisors
- BankingMapleMark 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
| MapleMark Bank PPP 2021 | All 20 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/19/2021 | second | $129K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Derrick Oneal Company LLC
Derrick Oneal Company LLC is an engineering & architecture company in Tulsa, Oklahoma, in business since 2019. It is owned by Derrick Oneal, PE (Founder & President). Its estimated annual revenue is about $2.6M, with roughly $426K of EBITDA. It has about 22 employees. Its estimated business value is $1.5M (likely range $785K–$2.0M).
Common questions
- Who owns Derrick Oneal Company LLC?
- Derrick Oneal Company LLC is owned by Derrick Oneal, PE (Founder & President), according to public sources such as the company's website or filings.
- How much revenue does Derrick Oneal Company LLC make?
- SeeBITDA estimates Derrick Oneal Company LLC's annual revenue at about $2.6M (likely between $1.7M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Derrick Oneal Company LLC worth?
- About $1.5M, roughly 3.5× its estimated EBITDA of $426K, typical for a engineering & architecture company its size. Likely range: $785K–$2.0M.
- How many employees does Derrick Oneal Company LLC have?
- About 22, from its 2025 retirement-plan filing.
- When was Derrick Oneal Company LLC founded?
- Derrick Oneal Company LLC has been in business since 2019.