Integrity Energy Services, LLC
How we got $4.4M
Based on its 8 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 4% 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.
Employees over time
▲ 50% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 8 | $2.9M |
| 2021 | Form 5500 | 7 | $2.5M |
| 2022 | Form 5500 | 7 | $2.5M |
| 2023 | Form 5500 | 7 | $2.5M |
| 2024 | Form 5500 | 12 | $4.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| INTEGRITY ENERGY SERVICES, LLC this business | $4.0M | — |
| KLEEN OILFIELD SERVICES CO. Velma · 108 employees | $69.0M | 0.4 mi |
| JOSHUA BARTLING Velma · 2 employees | $965K | 0.6 mi |
| BARTLING PUMPS & SUPPLIES, LLC Velma · 5 employees | $2.1M | 0.6 mi |
| POORBOY WELL SERVICE, L.L.C. Velma · 22 employees | $8.3M | 0.7 mi |
| ALLRED SERVICES INC Velma · 7 employees | $4.2M | 0.8 mi |
| KLEEN OILFIED SERVICE CO Velma · 101 employees | $60.7M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.1M |
| Estimate: the two combined (geometric mean) | $4.0M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $1.2M |
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 | $4.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.3M – $6.0M |
| Revenue range | $2.7M – $4.6M |
| EBITDA range | $806K – $1.4M |
| 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
History & advisors
Advisors
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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
| First National Bank and Trust Company of Ardmore PPP 2021 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/16/2021 | second | $110K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Integrity Energy Services, LLC
Integrity Energy Services, LLC is an oil & gas company in Velma, Oklahoma, in business since 2018. It is owned by Kyle Firestone. Its estimated annual revenue is about $4.0M, with roughly $1.2M of EBITDA. It has about 12 employees. Its estimated business value is $4.4M (likely range $2.3M–$6.0M).
Common questions
- Who owns Integrity Energy Services, LLC?
- Integrity Energy Services, LLC is owned by Kyle Firestone, according to public sources such as the company's website or filings.
- How much revenue does Integrity Energy Services, LLC make?
- SeeBITDA estimates Integrity Energy Services, LLC's annual revenue at about $4.0M (likely between $2.7M and $4.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Integrity Energy Services, LLC worth?
- About $4.4M, roughly 3.6× its estimated EBITDA of $1.2M, typical for a oil & gas company its size. Likely range: $2.3M–$6.0M.
- How many employees does Integrity Energy Services, LLC have?
- About 12, from its 2024 retirement-plan filing.
- When was Integrity Energy Services, LLC founded?
- Integrity Energy Services, LLC has been in business since 2018.