H S Field Services
How we got $9.5M
Based on its 22 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 8% 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 |
|---|---|---|
| H S FIELD SERVICES this business | $7.8M | — |
| TAMRA SHAMBLES Dewey · 21 employees | $9.4M | 0.0 mi |
| ENTRANSCO ENERGY LLC Dewey · 9 employees | $4.7M | 1.7 mi |
| GRIGGS WELL SERVICE LLC Dewey · 1 employees | $415K | 2.4 mi |
| SPENCER OIL COMPANY LLC Bartlesville · 5 employees | $1.9M | 3.1 mi |
| OIL AND GAS FINANCIAL SERVICES L.L.C. Bartlesville · 1 employees | $583K | 5.8 mi |
| Abb Bartlesville | $1.5M | 5.9 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.5M |
| Estimate: the two combined (geometric mean) | $7.8M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $2.2M |
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 | $9.5M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.0M – $13.0M |
| Revenue range | $5.1M – $8.9M |
| EBITDA range | $1.4M – $2.5M |
| Industry (NAICS) | Support Activities for Coal Mining (213113) |
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. 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $218K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About H S Field Services
H S Field Services is a support activities for coal mining company in Dewey, Oklahoma. It is owned by Jim Shambles. Its estimated annual revenue is about $7.8M, with roughly $2.2M of EBITDA. It has about 22 employees. Its estimated business value is $9.5M (likely range $5.0M–$13.0M).
Common questions
- Who owns H S Field Services?
- H S Field Services is owned by Jim Shambles, according to public sources such as the company's website or filings.
- How much revenue does H S Field Services make?
- SeeBITDA estimates H S Field Services's annual revenue at about $7.8M (likely between $5.1M and $8.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is H S Field Services worth?
- About $9.5M, roughly 4.4× its estimated EBITDA of $2.2M, typical for a support activities for coal mining company its size. Likely range: $5.0M–$13.0M.
- How many employees does H S Field Services have?
- About 22, as reported on its PPP loan.