Eyler Drilling, Inc.
How we got $10.0M
Based on its 20 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 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 5% 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 |
|---|---|---|
| EYLER DRILLING, INC. this business | $8.2M | — |
| HORTON TOOL CORPORATION Hominy · 8 employees | $3.3M | 0.1 mi |
| REED ENGINE & PUMP REPAIR LLC Hominy · 2 employees | $907K | 0.1 mi |
| THE PUMP SHOP, INC Hominy · 2 employees | $1.0M | 0.2 mi |
| LESTER WELL SERVICE INC Hominy · 7 employees | $2.2M | 0.2 mi |
| STEVE CLEMISHIRE OIL CO Hominy · 2 employees | $1.1M | 0.2 mi |
| BECKHAM AND BUTLER PRODUCTION Hominy · 3 employees | $1.6M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.5M |
| Estimate: the two combined (geometric mean) | $8.2M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $2.3M |
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 | $10.0M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.3M – $13.7M |
| Revenue range | $5.4M – $9.3M |
| EBITDA range | $1.5M – $2.6M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingRegent 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 Roles are as stated there and may be out of date.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
| Regent Bank PPP 2020, PPP 2021 | All 726 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 | $232K | 20 |
| 2/10/2021 | second | $232K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Eyler Drilling, Inc.
Eyler Drilling, Inc. is an oil & gas company in Hominy, Oklahoma, in business since 2009. It is owned by MONTY EYLER. Its estimated annual revenue is about $8.2M, with roughly $2.3M of EBITDA. It has about 20 employees. Its estimated business value is $10.0M (likely range $5.3M–$13.7M).
Common questions
- Who owns Eyler Drilling, Inc.?
- Eyler Drilling, Inc. is owned by MONTY EYLER, according to public sources such as the company's website or filings.
- How much revenue does Eyler Drilling, Inc. make?
- SeeBITDA estimates Eyler Drilling, Inc.'s annual revenue at about $8.2M (likely between $5.4M and $9.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Eyler Drilling, Inc. worth?
- About $10.0M, roughly 4.4× its estimated EBITDA of $2.3M, typical for a oil & gas company its size. Likely range: $5.3M–$13.7M.
- How many employees does Eyler Drilling, Inc. have?
- About 20, as reported on its PPP loan.
- When was Eyler Drilling, Inc. founded?
- Eyler Drilling, Inc. has been in business since 2009.