Michael Carnagey Pumping LLC
How we got $438K
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
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 |
|---|---|---|
| MICHAEL CARNAGEY PUMPING LLC this business | $557K | — |
| PAMELA LOVE PUMPING LLC Laverne · 1 employees | $557K | 9.6 mi |
| DIAMOND D INC. Laverne · 7 employees | $2.2M | 9.6 mi |
| JESSE YOUNG FLOWBACK SERVICES, LLC Buffalo · 1 employees | $620K | 14.6 mi |
| ESTEP SERVICES LLC Rosston · 1 employees | $619K | 14.8 mi |
| B & B OPERATIONS INC. Gate · 1 employees | $557K | 20.0 mi |
| JD WELL SERVICE LLC Fort Supply · 1 employees | $387K | 20.0 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $557K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $219K |
| Cross-check: revenue implied by PPP payroll | $89K |
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 | $438K |
| Multiple for this size and industry | 2× |
| Value range | $208K – $623K |
| Revenue range | $329K – $659K |
| EBITDA range | $130K – $259K |
| 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
- BankingSecurity State 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 Roles are as stated there and may be out of date.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
| Security State Bank PPP 2020 | All 114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $2K | 1 |
About Michael Carnagey Pumping LLC
Michael Carnagey Pumping LLC is an oil & gas company in Laverne, Oklahoma. Its estimated annual revenue is about $557K, with roughly $219K of EBITDA. It has about 1 employees. Its estimated business value is $438K (likely range $208K–$623K).
Common questions
- Who owns Michael Carnagey Pumping LLC?
- The owner of Michael Carnagey Pumping 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 Michael Carnagey Pumping LLC make?
- SeeBITDA estimates Michael Carnagey Pumping LLC's annual revenue at about $557K (likely between $329K and $659K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Michael Carnagey Pumping LLC worth?
- About $438K, roughly 2× its estimated EBITDA of $219K, typical for a oil & gas company its size. Likely range: $208K–$623K.
- How many employees does Michael Carnagey Pumping LLC have?
- About 1, as reported on its PPP loan.