Diamond Oil Field Services Inc
How we got $12.5M
Based on its 58 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
▲ 4% 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 |
|---|---|---|
| DIAMOND OIL FIELD SERVICES INC this business | $31.1M | — |
| JOHNSONS RAINMAKER IRRIGATION, INC El Reno · 3 employees | $1.7M | 2.3 mi |
| GEORGE WELLS & COMPANY El Reno · 9 employees | $3.8M | 4.4 mi |
| OKIE EXCAVATORS El Reno · 17 employees | $4.8M | 4.6 mi |
| Weatherford International Yukon | $5.8M | 5.1 mi |
| ABLE ENVIRONMENTAL DRILLING, LLC Yukon · 17 employees | $6.8M | 5.8 mi |
| FRONTIER WELL SERVICE, INC. Yukon · 27 employees | $17.4M | 7.5 mi |
The full calculation
| Employees reported to the SBA | 58 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $20.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $36.4M |
| Estimate: the two combined (geometric mean) | $31.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $3.0M |
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 | $12.5M |
| Multiple for this size and industry | 4.1× |
| Value range | $6.6M – $17.1M |
| Revenue range | $20.5M – $35.5M |
| EBITDA range | $2.0M – $3.5M |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
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
- BankingLiberty National 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
| Liberty National Bank PPP 2020, PPP 2021 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $1.4M | 58 |
| 3/17/2021 | second | $773K | 49 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Diamond Oil Field Services Inc
Diamond Oil Field Services Inc is an oil and gas pipeline and related structures construction company in El Reno, Oklahoma, in business since 2006. Its estimated annual revenue is about $31.1M, with roughly $3.0M of EBITDA. It has about 58 employees. Its estimated business value is $12.5M (likely range $6.6M–$17.1M).
Common questions
- Who owns Diamond Oil Field Services Inc?
- The owner of Diamond Oil Field 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 Diamond Oil Field Services Inc make?
- SeeBITDA estimates Diamond Oil Field Services Inc's annual revenue at about $31.1M (likely between $20.5M and $35.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Diamond Oil Field Services Inc worth?
- About $12.5M, roughly 4.1× its estimated EBITDA of $3.0M, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $6.6M–$17.1M.
- How many employees does Diamond Oil Field Services Inc have?
- About 58, as reported on its PPP loan.
- When was Diamond Oil Field Services Inc founded?
- Diamond Oil Field Services Inc has been in business since 2006.