J. Price Energy Services, LLC
How we got $9.0M
Based on its 61 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 4% 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 |
|---|---|---|
| J. PRICE ENERGY SERVICES, LLC this business | $22.3M | — |
| FRONTLINE UTILITY SERVICES LLC Ardmore · 6 employees | $2.6M | 16.2 mi |
| UNO, INC Ardmore · 2 employees | $1.3M | 21.0 mi |
| Tripledee Drilling Co Ardmore | $5.8M | 21.3 mi |
| Kingery Drilling Co Inc. Ardmore | $5.8M | 21.4 mi |
| ANOTHER PIPELINE COMPANY INC Ardmore · 9 employees | $3.8M | 21.6 mi |
| BIGFOOT LAND SERVICES, INC Ardmore · 6 employees | $2.3M | 21.6 mi |
The full calculation
| Employees reported to the SBA | 61 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.8M |
| Estimate: the two combined (geometric mean) | $22.3M |
| EBITDA margin (industry, adjusted for size) | 10% |
| 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 | $9.0M |
| Multiple for this size and industry | 4.1× |
| Value range | $4.7M – $12.3M |
| Revenue range | $14.7M – $25.5M |
| EBITDA range | $1.4M – $2.5M |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
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
- 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 Roles are as stated there and may be out of date.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 2020, 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 |
|---|---|---|---|
| 4/10/2020 | first | $670K | 52 |
| 3/31/2021 | second | $670K | 61 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About J. Price Energy Services, LLC
J. Price Energy Services, LLC is an oil and gas pipeline and related structures construction company in Madill, Oklahoma, in business since 2017. Its estimated annual revenue is about $22.3M, with roughly $2.2M of EBITDA. It has about 61 employees. Its estimated business value is $9.0M (likely range $4.7M–$12.3M).
Common questions
- Who owns J. Price Energy Services, LLC?
- The owner of J. Price Energy Services, 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 J. Price Energy Services, LLC make?
- SeeBITDA estimates J. Price Energy Services, LLC's annual revenue at about $22.3M (likely between $14.7M and $25.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is J. Price Energy Services, LLC worth?
- About $9.0M, roughly 4.1× its estimated EBITDA of $2.2M, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $4.7M–$12.3M.
- How many employees does J. Price Energy Services, LLC have?
- About 61, as reported on its PPP loan.
- When was J. Price Energy Services, LLC founded?
- J. Price Energy Services, LLC has been in business since 2017.