Ranger Oilfield Services, Corporation
How we got $28.2M
Based on its 35 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 4% since 2021Today'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 |
|---|---|---|
| RANGER OILFIELD SERVICES, CORPORATION this business | $23.9M | — |
| Beck Resources Inc Hennessey | $1.5M | 0.0 mi |
| Sunrise Oilfield Supply Hennessey | $1.5M | 1.4 mi |
| MOORE FLOWING & PRODUCTION SERVICES LLC Hennessey · 1 employees | $524K | 1.4 mi |
| QUICK PUMP SERVICE, L.L.C. Hennessey · 30 employees | $18.8M | 1.7 mi |
| MKS PUMPING INC. Hennessey · 10 employees | $3.0M | 1.8 mi |
| VARGAS WELL SERVICE LLC Hennessey · 6 employees | $2.1M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $28.2M |
| Estimate: the two combined (geometric mean) | $23.9M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $5.4M |
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 | $28.2M |
| Multiple for this size and industry | 5.2× |
| Value range | $14.9M – $38.6M |
| Revenue range | $15.7M – $27.2M |
| EBITDA range | $3.6M – $6.2M |
| 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
- BankingInterBankPPP / 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
| InterBank PPP 2021 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/20/2021 | second | $797K | 35 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ranger Oilfield Services, Corporation
Ranger Oilfield Services, Corporation is an oil & gas company in Hennessey, Oklahoma, in business since 1999. Its estimated annual revenue is about $23.9M, with roughly $5.4M of EBITDA. It has about 35 employees. Its estimated business value is $28.2M (likely range $14.9M–$38.6M).
Common questions
- Who owns Ranger Oilfield Services, Corporation?
- The owner of Ranger Oilfield Services, Corporation 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 Ranger Oilfield Services, Corporation make?
- SeeBITDA estimates Ranger Oilfield Services, Corporation's annual revenue at about $23.9M (likely between $15.7M and $27.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ranger Oilfield Services, Corporation worth?
- About $28.2M, roughly 5.2× its estimated EBITDA of $5.4M, typical for a oil & gas company its size. Likely range: $14.9M–$38.6M.
- How many employees does Ranger Oilfield Services, Corporation have?
- About 35, as reported on its PPP loan.
- When was Ranger Oilfield Services, Corporation founded?
- Ranger Oilfield Services, Corporation has been in business since 1999.