Pinson Well Logging
How we got $18.7M
Based on its 36 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 41 years (since 1985)
- Founder still runs it after 41 years
From public records and the company's website, not a statement that it's for sale.
What they do
Pinson Well Logging is a family owned and operated company, established in 1985, that provides geological services to clients in the oil and gas industry to optimize drilling placement.
From the company's website. Industry: Oil & gas.
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 |
|---|---|---|
| PINSON WELL LOGGING this business | $18.7M | — |
| Wenzel Downhole Tools Oklahoma City | $1.5M | 0.1 mi |
| PATRIOT WELLHEAD LLC Oklahoma City · 27 employees | $16.8M | 0.2 mi |
| Owen Oil Tools Inc Oklahoma City | $1.5M | 0.5 mi |
| WILDCAT WELLHEAD SERVICES LLC Oklahoma City · 5 employees | $2.4M | 0.7 mi |
| J&j Pressure Management Oklahoma City | $1.5M | 1.0 mi |
| ALLEGIANT ENERGY SERVICES, LLC Oklahoma City · 42 employees | $30.1M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.8M |
| Estimate: the two combined (geometric mean) | $18.7M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $4.3M |
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 | $18.7M |
| Multiple for this size and industry | 4.4× |
| Value range | $9.8M – $25.6M |
| Revenue range | $12.3M – $21.3M |
| EBITDA range | $2.8M – $4.8M |
| 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
History & advisors
“Established in 1985, Pinson Well Logging is a family owned and operated company.”
Advisors
- BankingArvest Bank, Itria Ventures LLCPPP / 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
| Itria Ventures LLC PPP 2021 | All 196 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $476K | 36 |
| 1/22/2021 | second | $449K | 36 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Pinson Well Logging
Pinson Well Logging is a family-owned oil & gas company in Oklahoma City, Oklahoma, in business since 1985. It is owned by Bill Pinson (Founder). Its estimated annual revenue is about $18.7M, with roughly $4.3M of EBITDA. It has about 36 employees. Its estimated business value is $18.7M (likely range $9.8M–$25.6M).
Common questions
- Who owns Pinson Well Logging?
- Pinson Well Logging is owned by Bill Pinson (Founder), according to public sources such as the company's website or filings.
- How much revenue does Pinson Well Logging make?
- SeeBITDA estimates Pinson Well Logging's annual revenue at about $18.7M (likely between $12.3M and $21.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pinson Well Logging worth?
- About $18.7M, roughly 4.4× its estimated EBITDA of $4.3M, typical for a oil & gas company its size. Likely range: $9.8M–$25.6M.
- How many employees does Pinson Well Logging have?
- About 36, as reported on its PPP loan.
- When was Pinson Well Logging founded?
- Pinson Well Logging has been in business since 1985.
- Is Pinson Well Logging for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 41 years (since 1985); founder still runs it after 41 years.