Precision Wireline LLC
How we got $10.0M
Based on its 19 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.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
What they do
Precision Wireline is a privately owned company based in Enid, Oklahoma, providing safe, efficient and cost-effective cased-hole wireline operations for oil and gas customers.
From the company's website. Industry: Oil & gas.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PRECISION WIRELINE LLC this business | $9.3M | — |
| PLAINSMEN ENERGY LLC Enid · 1 employees | $604K | 1.5 mi |
| Ward Energy Companies Enid | $1.5M | 2.0 mi |
| POTTER OIL COMPANY, INC Enid · 6 employees | $3.1M | 2.2 mi |
| DRILLING MUD SUPPLY INC Enid · 1 employees | $712K | 2.3 mi |
| K3 LLC Enid · 7 employees | $3.1M | 2.7 mi |
| NEMAHA ENVIRONMENTAL SERVICES LLC Enid · 23 employees | $12.0M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.0M |
| Estimate: the two combined (geometric mean) | $9.3M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.3M |
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 | $10.0M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.3M – $13.7M |
| Revenue range | $6.1M – $10.6M |
| EBITDA range | $1.5M – $2.6M |
| 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
Advisors
- BankingSovereign 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
| Sovereign Bank PPP 2020, PPP 2021 | All 304 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $305K | 19 |
| 1/27/2021 | second | $279K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Precision Wireline LLC
Precision Wireline LLC is a family-owned oil & gas company in Enid, Oklahoma, in business since 2000. Its estimated annual revenue is about $9.3M, with roughly $2.3M of EBITDA. It has about 19 employees. Its estimated business value is $10.0M (likely range $5.3M–$13.7M).
Common questions
- Who owns Precision Wireline LLC?
- The owner of Precision Wireline 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 Precision Wireline LLC make?
- SeeBITDA estimates Precision Wireline LLC's annual revenue at about $9.3M (likely between $6.1M and $10.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Precision Wireline LLC worth?
- About $10.0M, roughly 4.4× its estimated EBITDA of $2.3M, typical for a oil & gas company its size. Likely range: $5.3M–$13.7M.
- How many employees does Precision Wireline LLC have?
- About 19, as reported on its PPP loan.
- When was Precision Wireline LLC founded?
- Precision Wireline LLC has been in business since 2000.