Hull's Oilfield LLC
How we got $10.4M
Based on its 22 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 1% since 2021Today'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'S OILFIELD LLC this business | $9.7M | — |
| HULL OILFIELD Wilson · 28 employees | $13.4M | 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 | 0.9 mi |
| STRIKE ENERGY, LLC Marietta · 2 employees | $636K | 1.3 mi |
| FRONTIER SALT WATER SOLUTIONS, LLC Wilson · 3 employees | $981K | 2.7 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.3M |
| Estimate: the two combined (geometric mean) | $9.7M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.4M |
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 | $10.4M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.5M – $14.2M |
| Revenue range | $6.4M – $11.0M |
| EBITDA range | $1.6M – $2.7M |
| 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
- 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 Roles are as stated there and may be out of date.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 2021 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/23/2021 | second | $294K | 22 |
About Hull's Oilfield LLC
Hull's Oilfield LLC is an oil & gas company in Wilson, Oklahoma. Its estimated annual revenue is about $9.7M, with roughly $2.4M of EBITDA. It has about 22 employees. Its estimated business value is $10.4M (likely range $5.5M–$14.2M).
Common questions
- Who owns Hull's Oilfield LLC?
- The owner of Hull's Oilfield LLC 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's Oilfield LLC make?
- SeeBITDA estimates Hull's Oilfield LLC's annual revenue at about $9.7M (likely between $6.4M and $11.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hull's Oilfield LLC worth?
- About $10.4M, roughly 4.4× its estimated EBITDA of $2.4M, typical for a oil & gas company its size. Likely range: $5.5M–$14.2M.
- How many employees does Hull's Oilfield LLC have?
- About 22, as reported on its PPP loan.