Rk Oilfield Services LLC
How we got $26.0M
Based on its 63 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| RK OILFIELD SERVICES LLC this business | $22.0M | — |
| Smith International Ponca City | $645K | 0.2 mi |
| STRAIGHT LINE ENERGY SERVICES LLC Ponca City · 1 employees | $363K | 1.5 mi |
| SAMS WELL SERVICE INC Ponca City · 6 employees | $1.5M | 1.5 mi |
| ANSTINE & MUSGROVE, INC. Ponca City · 1 employees | $348K | 1.5 mi |
| IRISNDT Ponca City | $645K | 1.8 mi |
| SAM'S WELL SERVICE, INC. Ponca City · 7 employees | $1.6M | 2.4 mi |
The full calculation
| Employees reported to the SBA | 63 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $18.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $25.8M |
| Estimate: the two combined (geometric mean) | $22.0M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $5.0M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 12% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $26.0M |
| Multiple for this size and industry | 5.2× |
| Value range | $15.6M – $40.6M |
| Revenue range | $16.5M – $28.6M |
| EBITDA range | $3.8M – $6.5M |
| 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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $1.1M | 63 |
| 2/9/2021 | second | $1.1M | 52 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rk Oilfield Services LLC
Rk Oilfield Services LLC is an oil & gas company in Ponca City, Oklahoma, in business since 2009. Its estimated annual revenue is about $22.0M, with roughly $5.0M of EBITDA. It has about 63 employees. Its estimated business value is $26.0M (likely range $15.6M–$40.6M).
Common questions
- Who owns Rk Oilfield Services LLC?
- The owner of Rk 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 Rk Oilfield Services LLC make?
- SeeBITDA estimates Rk Oilfield Services LLC's annual revenue at about $22.0M (likely between $16.5M and $28.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rk Oilfield Services LLC worth?
- About $26.0M, roughly 5.2× its estimated EBITDA of $5.0M, typical for a oil & gas company its size. Likely range: $15.6M–$40.6M.
- How many employees does Rk Oilfield Services LLC have?
- About 63, as reported on its PPP loan.
- When was Rk Oilfield Services LLC founded?
- Rk Oilfield Services LLC has been in business since 2009.