Nextstream Heavy Oil, LLC
How we got $2.4M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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
▼ 71% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $1.5M |
| 2020 | Form 5500 | 7 | $1.5M |
| 2021 | Form 5500 | 3 | $652K |
| 2022 | Form 5500 | 2 | $435K |
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 |
|---|---|---|
| NEXTSTREAM HEAVY OIL, LLC this business | $3.6M | — |
| NEXTSTREAM SENSOR, LLC Oklahoma City · 1 employees | $488K | 0.0 mi |
| LAPIDUSDATA INC. Oklahoma City · 1 employees | $667K | 0.4 mi |
| JOSH FISHER LLC Oklahoma City · 1 employees | $250K | 0.4 mi |
| OKLAHOMA COUNCIL OF PUBLIC AFFAIRS INC Oklahoma City · 16 employees | $3.9M | 0.4 mi |
| EVOLVE RESEARCH LLC Oklahoma City · 4 employees | $1.9M | 0.4 mi |
| Midtown Vets Oklahoma City | $1.2M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $3.6M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $643K |
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 | $2.4M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.3M – $3.3M |
| Revenue range | $2.4M – $4.1M |
| EBITDA range | $423K – $733K |
| Industry (NAICS) | All Other Professional, Scientific, and Technical Services (541990) |
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. 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
- BankingKirkpatrick 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
| Kirkpatrick Bank PPP 2020 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $168K | 7 |
About Nextstream Heavy Oil, LLC
Nextstream Heavy Oil, LLC is an all other professional, scientific, and technical services company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $3.6M, with roughly $643K of EBITDA. It has about 2 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns Nextstream Heavy Oil, LLC?
- The owner of Nextstream Heavy Oil, 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 Nextstream Heavy Oil, LLC make?
- SeeBITDA estimates Nextstream Heavy Oil, LLC's annual revenue at about $3.6M (likely between $2.4M and $4.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nextstream Heavy Oil, LLC worth?
- About $2.4M, roughly 3.8× its estimated EBITDA of $643K, typical for a all other professional, scientific, and technical services company its size. Likely range: $1.3M–$3.3M.
- How many employees does Nextstream Heavy Oil, LLC have?
- About 2, from its 2022 retirement-plan filing.