Ja Oilfield Manufacturing Inc
How we got $22.5M
Based on 69 employees on its 2025 401(k) filing.
What we know
Signs of a sale High sell likelihood
- In business 45 years (since 1981)
- Founder still runs it after 45 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
JA Oilfield Manufacturing, Inc. is an oilfield well construction tools manufacturing, services and repairs company headquartered in Oklahoma City. It serves drilling operations with manufactured tools, rentals, repairs and inspection.
From the company's website. Industry: Oil and Gas Field Machinery and Equipment Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 16 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 16 mi · $1.18B
- T/J INSPECTION, INC. · Del City, 3 mi · $532.1M
- CROWN ENERGY COMPANY · Oklahoma City, 7 mi · $476.0M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 5 mi · $431.9M
Estimated value over time
▲ 13% 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.
Employees over time
▲ 5% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 66 | $36.8M |
| 2020 | Form 5500 | 76 | $42.4M |
| 2021 | Form 5500 | 58 | $32.4M |
| 2022 | Form 5500 | 64 | $35.7M |
| 2023 | Form 5500 | 43 | $24.0M |
| 2024 | Form 5500 | 77 | $42.9M |
| 2025 | Form 5500 | 69 | $38.5M |
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 |
|---|---|---|
| JA OILFIELD MANUFACTURING INC this business | $37.3M | — |
| D.K. HOUCK ENTERPRISES, LLC Oklahoma City · 7 employees | $1.4M | 0.9 mi |
| J A OIL FIELD MANUFACTURING IN Oklahoma City · 73 employees | $32.3M | 1.0 mi |
| CALLAWAY EQUIPMENT & MANUFACTURING, INC Oklahoma City · 8 employees | $2.8M | 1.8 mi |
| JANKE HOLDING CO LLC Oklahoma City · 14 employees | $3.3M | 2.0 mi |
| MID-STATES OILFIELD MACHINE, LLC Oklahoma City · 17 employees | $5.3M | 2.2 mi |
| STRUCTURAL PIPE OF OKLAHOMA, INC Moore · 2 employees | $863K | 2.4 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $22.5M |
| Multiple for this size and industry | 5.8× |
| Value range | $14.4M – $40.6M |
| Employees in its retirement plan (2025 Form 5500) | 69 |
| Industry revenue per employee | $558K |
| Revenue = employees × revenue per employee | $37.3M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $3.9M |
| For comparison: employees reported for PPP (2021) | 66 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $29.8M – $55.9M |
| EBITDA range | $3.1M – $5.8M |
| Industry (NAICS) | Oil and Gas Field Machinery and Equipment Manufacturing (333132) |
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. These are statistical estimates, not reported financials. Full methodology
People & advisors
“JA Oilfield Manufacturing Inc. was founded over forty years ago to provide distinguishable high quality essential drilling tools, machine shop services and inspection work.”
Leadership
- KHKim HarmonSigned for the company · 2020 retirement-plan filing (Form 5500)
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/30/2021 | second | $1.4M | 66 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ja Oilfield Manufacturing Inc
Ja Oilfield Manufacturing Inc is an oil and gas field machinery and equipment manufacturing company in Oklahoma City, Oklahoma, in business since 1981. It is owned by James Acquaye (Founder). Its estimated annual revenue is about $37.3M, with roughly $3.9M of EBITDA. It has about 69 employees. Its estimated business value is $22.5M (likely range $14.4M–$40.6M).
Common questions
- Who owns Ja Oilfield Manufacturing Inc?
- Ja Oilfield Manufacturing Inc is owned by James Acquaye (Founder), according to public sources such as the company's website or filings.
- How much revenue does Ja Oilfield Manufacturing Inc make?
- SeeBITDA estimates Ja Oilfield Manufacturing Inc's annual revenue at about $37.3M (likely between $29.8M and $55.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ja Oilfield Manufacturing Inc worth?
- About $22.5M, roughly 5.8× its estimated EBITDA of $3.9M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $14.4M–$40.6M.
- How many employees does Ja Oilfield Manufacturing Inc have?
- About 69, from its 2025 retirement-plan filing.
- When was Ja Oilfield Manufacturing Inc founded?
- Ja Oilfield Manufacturing Inc has been in business since 1981.
- Is Ja Oilfield Manufacturing Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 45 years (since 1981); founder still runs it after 45 years; no family successor named on its website.