Legend Energy Services, LLC
How we got $309.6M
Based on its 254 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 254 | $91.6M |
| 2020 | Form 5500 | 225 | $81.2M |
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LEGEND ENERGY SERVICES, LLC this business | $229.0M | — |
| ASSOCIATED RESOURCES, INC. Oklahoma City · 40 employees | $19.9M | 0.1 mi |
| DATALOG LWT INC Oklahoma City · 16 employees | $8.5M | 0.1 mi |
| DUDLEY LAND COMPANY Oklahoma City · 41 employees | $25.3M | 0.1 mi |
| SHORELINE OPERATING, LLC Oklahoma City · 1 employees | $438K | 0.4 mi |
| Millbrae Energy Llc Oklahoma City | $1.5M | 0.4 mi |
| Carl E Gungoll Exploration Llc Oklahoma City | $1.5M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 254 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $140.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $286.7M |
| Estimate: the two combined (geometric mean) | $229.0M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $45.5M |
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 | $309.6M |
| Multiple for this size and industry | 6.8× |
| Value range | $162.9M – $423.5M |
| Revenue range | $150.6M – $261.1M |
| EBITDA range | $29.9M – $51.9M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- AccountingHspg & AssociatesAudits its 401(k) plan (2020 filing)
- BankingNBC OklahomaPPP / 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
| NBC Oklahoma PPP 2020, PPP 2021 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $7.8M | 229 |
| 2/13/2021 | second | $2.0M | 254 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Legend Energy Services, LLC
Legend Energy Services, LLC is an oil & gas company in Oklahoma City, Oklahoma, in business since 2010. Its estimated annual revenue is about $229.0M, with roughly $45.5M of EBITDA. It has about 225 employees. Its estimated business value is $309.6M (likely range $162.9M–$423.5M).
Common questions
- Who owns Legend Energy Services, LLC?
- The owner of Legend 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 Legend Energy Services, LLC make?
- SeeBITDA estimates Legend Energy Services, LLC's annual revenue at about $229.0M (likely between $150.6M and $261.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Legend Energy Services, LLC worth?
- About $309.6M, roughly 6.8× its estimated EBITDA of $45.5M, typical for a oil & gas company its size. Likely range: $162.9M–$423.5M.
- How many employees does Legend Energy Services, LLC have?
- About 225, from its 2020 retirement-plan filing.
- When was Legend Energy Services, LLC founded?
- Legend Energy Services, LLC has been in business since 2010.