Prochem Energy Services, Inc.
How we got $47.3M
Based on its 69 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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 |
|---|---|---|
| PROCHEM ENERGY SERVICES, INC. this business | $40.0M | — |
| JEAN PUMP & SUPPLY INC Healdton · 1 employees | $395K | 0.1 mi |
| JONES PUMP AND SUPPLY INC. Healdton · 4 employees | $1.6M | 0.6 mi |
| WATKINS ENERGY SERVICES Healdton · 1 employees | $438K | 0.9 mi |
| ASSOCIATED WIRE LINE SERVICES, INC. Healdton · 9 employees | $4.4M | 0.9 mi |
| LEWIS MAGNETO & SUPPLY CO. Healdton · 7 employees | $1.9M | 1.0 mi |
| Shell Healdton | $1.5M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 69 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $30.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $40.2M |
| Estimate: the two combined (geometric mean) | $40.0M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $9.1M |
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 | $47.3M |
| Multiple for this size and industry | 5.2× |
| Value range | $24.9M – $64.7M |
| Revenue range | $26.3M – $45.6M |
| EBITDA range | $6.0M – $10.4M |
| 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
- BankingPeoples 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 Roles are as stated there and may be out of date.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
| Peoples Bank and Trust Company PPP 2020 | All 320 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $1.1M | 69 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Prochem Energy Services, Inc.
Prochem Energy Services, Inc. is an oil & gas company in Healdton, Oklahoma. It is owned by John Turner (Founder). Its estimated annual revenue is about $40.0M, with roughly $9.1M of EBITDA. It has about 69 employees. Its estimated business value is $47.3M (likely range $24.9M–$64.7M).
Common questions
- Who owns Prochem Energy Services, Inc.?
- Prochem Energy Services, Inc. is owned by John Turner (Founder), according to public sources such as the company's website or filings.
- How much revenue does Prochem Energy Services, Inc. make?
- SeeBITDA estimates Prochem Energy Services, Inc.'s annual revenue at about $40.0M (likely between $26.3M and $45.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Prochem Energy Services, Inc. worth?
- About $47.3M, roughly 5.2× its estimated EBITDA of $9.1M, typical for a oil & gas company its size. Likely range: $24.9M–$64.7M.
- How many employees does Prochem Energy Services, Inc. have?
- About 69, as reported on its PPP loan.