Smart Oilfield Solutions, LLC
How we got $5.8M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| SMART OILFIELD SOLUTIONS, LLC this business | $5.8M | — |
| CANYON OILFIELD SERVICES, LLC Elk City · 51 employees | $28.9M | 0.3 mi |
| C&C SALVAGE, LLC Elk City · 30 employees | $12.4M | 0.5 mi |
| ASCEND CONSULTING, LLC Elk City · 1 employees | $711K | 1.1 mi |
| SUPERIOR CONSULTING LLC Elk City · 1 employees | $711K | 1.9 mi |
| MONSTER SERVICES, LLC Elk City · 30 employees | $19.7M | 2.1 mi |
| CALAWAY FLOWING, LLC. Elk City · 1 employees | $523K | 2.1 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.7M |
| Estimate: the two combined (geometric mean) | $5.8M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.6M |
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 | $5.8M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.0M – $7.9M |
| Revenue range | $3.8M – $6.6M |
| EBITDA range | $1.1M – $1.8M |
| 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
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2020, PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $173K | 13 |
| 1/26/2021 | second | $173K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Smart Oilfield Solutions, LLC
Smart Oilfield Solutions, LLC is an oil & gas company in Elk City, Oklahoma, in business since 2019. Its estimated annual revenue is about $5.8M, with roughly $1.6M of EBITDA. It has about 13 employees. Its estimated business value is $5.8M (likely range $3.0M–$7.9M).
Common questions
- Who owns Smart Oilfield Solutions, LLC?
- The owner of Smart Oilfield Solutions, 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 Smart Oilfield Solutions, LLC make?
- SeeBITDA estimates Smart Oilfield Solutions, LLC's annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Smart Oilfield Solutions, LLC worth?
- About $5.8M, roughly 3.6× its estimated EBITDA of $1.6M, typical for a oil & gas company its size. Likely range: $3.0M–$7.9M.
- How many employees does Smart Oilfield Solutions, LLC have?
- About 13, as reported on its PPP loan.
- When was Smart Oilfield Solutions, LLC founded?
- Smart Oilfield Solutions, LLC has been in business since 2019.