Sams Well Service Inc
How we got $2.4M
Based on its 6 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 1% 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 |
|---|---|---|
| SAMS WELL SERVICE INC this business | $2.7M | — |
| STRAIGHT LINE ENERGY SERVICES LLC Ponca City · 1 employees | $616K | 0.7 mi |
| Smith International Ponca City | $1.5M | 1.4 mi |
| RK OILFIELD SERVICES LLC Ponca City · 63 employees | $37.4M | 1.5 mi |
| ANSTINE & MUSGROVE, INC. Ponca City · 1 employees | $614K | 1.8 mi |
| SAM'S WELL SERVICE, INC. Ponca City · 7 employees | $2.9M | 1.8 mi |
| BOE LTD COMPANY LLC Ponca City · 1 employees | $711K | 1.9 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $2.7M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $808K |
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 | $2.4M |
| Multiple for this size and industry | 3× |
| Value range | $1.3M – $3.3M |
| Revenue range | $1.7M – $3.0M |
| EBITDA range | $531K – $921K |
| 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
People & advisors
Advisors
- BankingEquity 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 Roles are as stated there and may be out of date.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
| Equity Bank PPP 2021 | All 375 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/27/2021 | second | $56K | 6 |
About Sams Well Service Inc
Sams Well Service Inc is an oil & gas company in Ponca City, Oklahoma. Its estimated annual revenue is about $2.7M, with roughly $808K of EBITDA. It has about 6 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns Sams Well Service Inc?
- The owner of Sams Well Service Inc 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 Sams Well Service Inc make?
- SeeBITDA estimates Sams Well Service Inc's annual revenue at about $2.7M (likely between $1.7M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sams Well Service Inc worth?
- About $2.4M, roughly 3× its estimated EBITDA of $808K, typical for a oil & gas company its size. Likely range: $1.3M–$3.3M.
- How many employees does Sams Well Service Inc have?
- About 6, as reported on its PPP loan.