Martin Tank Truck and Casing Pulling, Inc.
How we got $2.9M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MARTIN TANK TRUCK AND CASING PULLING, INC. this business | $3.2M | — |
| MARTIN TANK TRUCK & CASING PULLING INC. Cushing · 7 employees | $3.2M | 0.0 mi |
| LIONEL HARRIS OIL CO., INC. Cushing · 23 employees | $11.0M | 0.2 mi |
| MCNEIL WELL SERVICES, LLC Cushing · 18 employees | $7.2M | 0.7 mi |
| CHARTER SERVICES, LLC Cushing · 9 employees | $4.2M | 1.4 mi |
| CONTINENTAL CONCRETE, LLC Cushing · 85 employees | $43.5M | 1.4 mi |
| BECCA OIL, LLC Cushing · 2 employees | $754K | 1.6 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $967K |
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 | $2.9M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $4.0M |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $636K – $1.1M |
| 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
Advisors
- BankingExchange Bank and Trust CompanyPPP / 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
| Exchange Bank and Trust Company PPP 2020 | All 217 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 | $79K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Martin Tank Truck and Casing Pulling, Inc.
Martin Tank Truck and Casing Pulling, Inc. is an oil & gas company in Cushing, Oklahoma, in business since 1998. Its estimated annual revenue is about $3.2M, with roughly $967K of EBITDA. It has about 7 employees. Its estimated business value is $2.9M (likely range $1.5M–$4.0M).
Common questions
- Who owns Martin Tank Truck and Casing Pulling, Inc.?
- The owner of Martin Tank Truck and Casing Pulling, Inc. 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 Martin Tank Truck and Casing Pulling, Inc. make?
- SeeBITDA estimates Martin Tank Truck and Casing Pulling, Inc.'s annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Martin Tank Truck and Casing Pulling, Inc. worth?
- About $2.9M, roughly 3× its estimated EBITDA of $967K, typical for a oil & gas company its size. Likely range: $1.5M–$4.0M.
- How many employees does Martin Tank Truck and Casing Pulling, Inc. have?
- About 7, as reported on its PPP loan.
- When was Martin Tank Truck and Casing Pulling, Inc. founded?
- Martin Tank Truck and Casing Pulling, Inc. has been in business since 1998.