Shores Oilfield Services
How we got $2.1M
Based on its 5 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 |
|---|---|---|
| SHORES OILFIELD SERVICES this business | $2.3M | — |
| COULTER OILFIELD SERVICES LLC Springer · 3 employees | $1.5M | 5.2 mi |
| C&M CONTRACT PUMPERS, INC. Ardmore · 1 employees | $557K | 6.0 mi |
| DAVENPORT OILFIELD SERVICES INC. Ardmore · 3 employees | $1.7M | 6.4 mi |
| STL CONSULTING, LLC Lone Grove · 2 employees | $998K | 8.2 mi |
| MARK HENDRIX WELDING LLC Ardmore · 1 employees | $712K | 8.9 mi |
| W MAC ENTERPRISES INCORPORATED Ardmore · 1 employees | $557K | 9.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $688K |
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 | $2.1M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $2.8M |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $452K – $784K |
| 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 Roles are as stated there and may be out of date.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 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 |
|---|---|---|---|
| 1/30/2021 | second | $48K | 5 |
About Shores Oilfield Services
Shores Oilfield Services is an oil & gas company in Springer, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $688K of EBITDA. It has about 5 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.8M).
Common questions
- Who owns Shores Oilfield Services?
- The owner of Shores Oilfield Services 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 Shores Oilfield Services make?
- SeeBITDA estimates Shores Oilfield Services's annual revenue at about $2.3M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shores Oilfield Services worth?
- About $2.1M, roughly 3× its estimated EBITDA of $688K, typical for a oil & gas company its size. Likely range: $1.1M–$2.8M.
- How many employees does Shores Oilfield Services have?
- About 5, as reported on its PPP loan.