Ksw Oilfield Rental, LLC
How we got $73.5M
Based on its 83 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
KSW Oilfield Rental, LLC rents oilfield surface equipment and provides solids control and fluid-management services for drilling operations.
From the company's website. Industry: Oil & gas.
Customers & suppliers
Customers
- Primexx · named on its website
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.
Employees over time
▼ 28% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 83 | $29.9M |
| 2020 | Form 5500 | 76 | $27.4M |
| 2021 | Form 5500 | 64 | $23.1M |
| 2022 | Form 5500 | 76 | $27.4M |
| 2023 | Form 5500 | 72 | $26.0M |
| 2024 | Form 5500 | 63 | $22.7M |
| 2025 | Form 5500 | 60 | $21.6M |
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 |
|---|---|---|
| KSW OILFIELD RENTAL, LLC this business | $53.9M | — |
| DERBY MANAGEMENT, LLC Tulsa · 3 employees | $1.2M | 0.3 mi |
| DOVER PRODUCTION, LLC Tulsa · 6 employees | $3.1M | 0.3 mi |
| NORTHSTAR ENERGY LLC Tulsa · 5 employees | $2.9M | 0.3 mi |
| GRAYHORSE OPERATING INC. Tulsa · 6 employees | $3.5M | 0.3 mi |
| East River Energy, Llc Tulsa | $1.5M | 0.4 mi |
| Hawkins Oil, Llc Tulsa | $1.5M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 83 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $36.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $60.7M |
| Estimate: the two combined (geometric mean) | $53.9M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $12.3M |
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 | $73.5M |
| Multiple for this size and industry | 6× |
| Value range | $38.7M – $100.6M |
| Revenue range | $35.5M – $61.5M |
| EBITDA range | $8.1M – $14.0M |
| 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
Leadership
- JSJoe SolomonPresident · From a web search · source
- KSKatie SalleeController · From a web search · source
- FWFrank WeiseVP Finance · From a web search · source
Advisors
- AccountingDesroches Partners, LLPAudits its 401(k) plan (2025 filing)
- BankingGulf Capital 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
| Gulf Capital Bank PPP 2020, PPP 2021 | All 4 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $1.7M | 83 |
| 3/25/2021 | second | $1.5M | 71 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ksw Oilfield Rental, LLC
Ksw Oilfield Rental, LLC is an oil & gas company in Tulsa, Oklahoma, in business since 2004. It is owned by Tim Williams (Member). Its estimated annual revenue is about $53.9M, with roughly $12.3M of EBITDA. It has about 60 employees. Its estimated business value is $73.5M (likely range $38.7M–$100.6M).
Common questions
- Who owns Ksw Oilfield Rental, LLC?
- Ksw Oilfield Rental, LLC is owned by Tim Williams (Member), according to public sources such as the company's website or filings.
- How much revenue does Ksw Oilfield Rental, LLC make?
- SeeBITDA estimates Ksw Oilfield Rental, LLC's annual revenue at about $53.9M (likely between $35.5M and $61.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ksw Oilfield Rental, LLC worth?
- About $73.5M, roughly 6× its estimated EBITDA of $12.3M, typical for a oil & gas company its size. Likely range: $38.7M–$100.6M.
- How many employees does Ksw Oilfield Rental, LLC have?
- About 60, from its 2025 retirement-plan filing.
- When was Ksw Oilfield Rental, LLC founded?
- Ksw Oilfield Rental, LLC has been in business since 2004.