Ray Clour Well Servicing, Inc.
How we got $11.8M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 5% 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 Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RAY CLOUR WELL SERVICING, INC. this business | $10.9M | — |
| HALCYON EQUIPMENT LLC Ratliff City · 8 employees | $3.9M | 0.2 mi |
| PRIME OILFIELD SERVICES Ratliff City · 1 employees | $422K | 0.7 mi |
| DEAN'S WELL SERVICING, INC. Ratliff City · 5 employees | $1.7M | 1.0 mi |
| J&J PUMP SHOP LLC Ratliff City · 1 employees | $486K | 1.2 mi |
| CHESTER'S HOT OIL SERVICE INC Ratliff City · 3 employees | $1.3M | 1.2 mi |
| JENKINS & PERKINS TRUCKING INC Ratliff City · 4 employees | $1.5M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.0M |
| Estimate: the two combined (geometric mean) | $10.9M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.7M |
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 | $11.8M |
| Multiple for this size and industry | 4.4× |
| Value range | $6.2M – $16.1M |
| Revenue range | $7.2M – $12.5M |
| EBITDA range | $1.8M – $3.0M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 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 | $319K | 26 |
| 2/19/2021 | second | $319K | 25 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ray Clour Well Servicing, Inc.
Ray Clour Well Servicing, Inc. is an oil & gas company in Ratliff City, Oklahoma, in business since 2008. It is owned by KYLE CLOUR. Its estimated annual revenue is about $10.9M, with roughly $2.7M of EBITDA. It has about 26 employees. Its estimated business value is $11.8M (likely range $6.2M–$16.1M).
Common questions
- Who owns Ray Clour Well Servicing, Inc.?
- Ray Clour Well Servicing, Inc. is owned by KYLE CLOUR, according to public sources such as the company's website or filings.
- How much revenue does Ray Clour Well Servicing, Inc. make?
- SeeBITDA estimates Ray Clour Well Servicing, Inc.'s annual revenue at about $10.9M (likely between $7.2M and $12.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ray Clour Well Servicing, Inc. worth?
- About $11.8M, roughly 4.4× its estimated EBITDA of $2.7M, typical for a oil & gas company its size. Likely range: $6.2M–$16.1M.
- How many employees does Ray Clour Well Servicing, Inc. have?
- About 26, as reported on its PPP loan.
- When was Ray Clour Well Servicing, Inc. founded?
- Ray Clour Well Servicing, Inc. has been in business since 2008.