Recoil Oilfield Services, LLC
How we got $68.6M
Based on its 76 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Recoil Oilfield Services LLC is an Oklahoma-based company offering water transfer, poly pipe, roustabout and dirt work, primarily for oil and gas companies.
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 |
|---|---|---|
| RECOIL OILFIELD SERVICES, LLC this business | $50.3M | — |
| ADAM REEVES RICH LLC Blanchard · 2 employees | $1.0M | 2.0 mi |
| KINTECH SERVICES LLC Blanchard · 1 employees | $653K | 3.2 mi |
| DURBIN ENTERPRISES LLC Blanchard · 2 employees | $1.0M | 3.5 mi |
| SALTY DOG DISPOSAL, LLC Blanchard · 1 employees | $482K | 3.7 mi |
| JRS PETROLEUM LAND SERVICES L.L.C. Blanchard · 1 employees | $551K | 4.0 mi |
| ULTIMATE PERFORATING SUPPLIES & ACCESSORIESLLC Newcastle · 1 employees | $498K | 4.0 mi |
The full calculation
| Employees reported to the SBA | 76 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $33.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $57.7M |
| Estimate: the two combined (geometric mean) | $50.3M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $11.4M |
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 | $68.6M |
| Multiple for this size and industry | 6× |
| Value range | $36.1M – $93.9M |
| Revenue range | $33.1M – $57.4M |
| EBITDA range | $7.5M – $13.0M |
| 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
“Rec oil Oilfield Services LLC was established in 2014 with the expectations of providing quality service to customers, while maintaining the urgency to do things safely, efficiently and correctly the first time!”
Advisors
- BankingAmeriState 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
| AmeriState Bank 7(a) 2025, PPP 2020, PPP 2021 | All 141 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $1.6M | 76 |
| 2/17/2021 | second | $1.7M | 76 |
Public records
| Mar 2025 | 7(a) | $3.0M |
| Jan 2025 | 7(a) | $500K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Recoil Oilfield Services, LLC
Recoil Oilfield Services, LLC is an oil & gas company in Blanchard, Oklahoma, in business since 2014. Its estimated annual revenue is about $50.3M, with roughly $11.4M of EBITDA. It has about 76 employees. Its estimated business value is $68.6M (likely range $36.1M–$93.9M).
Common questions
- Who owns Recoil Oilfield Services, LLC?
- The owner of Recoil Oilfield Services, 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 Recoil Oilfield Services, LLC make?
- SeeBITDA estimates Recoil Oilfield Services, LLC's annual revenue at about $50.3M (likely between $33.1M and $57.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Recoil Oilfield Services, LLC worth?
- About $68.6M, roughly 6× its estimated EBITDA of $11.4M, typical for a oil & gas company its size. Likely range: $36.1M–$93.9M.
- How many employees does Recoil Oilfield Services, LLC have?
- About 76, as reported on its PPP loan.
- When was Recoil Oilfield Services, LLC founded?
- Recoil Oilfield Services, LLC has been in business since 2014.