Hull Oilfield
How we got $14.4M
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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 |
|---|---|---|
| HULL OILFIELD this business | $13.4M | — |
| HULL'S OILFIELD LLC Wilson · 22 employees | $9.7M | 0.1 mi |
| RICKETS SERVICES LLC Wilson · 1 employees | $542K | 0.4 mi |
| WT ENERGY SERVICES, INC. Wilson · 3 employees | $1.7M | 0.6 mi |
| CARTER COUNTY SALT WATER DISPOSAL Wilson · 6 employees | $1.9M | 0.8 mi |
| STRIKE ENERGY, LLC Marietta · 2 employees | $636K | 1.3 mi |
| FRONTIER SALT WATER SOLUTIONS, LLC Wilson · 3 employees | $981K | 2.6 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.1M |
| Estimate: the two combined (geometric mean) | $13.4M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $3.3M |
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 | $14.4M |
| Multiple for this size and industry | 4.4× |
| Value range | $7.6M – $19.7M |
| Revenue range | $8.8M – $15.2M |
| EBITDA range | $2.1M – $3.7M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingF & M 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 Roles are as stated there and may be out of date.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
| F & M Bank PPP 2020 | All 379 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 | $313K | 28 |
About Hull Oilfield
Hull Oilfield is an oil & gas company in Wilson, Oklahoma. Its estimated annual revenue is about $13.4M, with roughly $3.3M of EBITDA. It has about 28 employees. Its estimated business value is $14.4M (likely range $7.6M–$19.7M).
Common questions
- Who owns Hull Oilfield?
- The owner of Hull Oilfield 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 Hull Oilfield make?
- SeeBITDA estimates Hull Oilfield's annual revenue at about $13.4M (likely between $8.8M and $15.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hull Oilfield worth?
- About $14.4M, roughly 4.4× its estimated EBITDA of $3.3M, typical for a oil & gas company its size. Likely range: $7.6M–$19.7M.
- How many employees does Hull Oilfield have?
- About 28, as reported on its PPP loan.