Spencer's Contract Pumping, LLC
How we got $763K
Based on its 2 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 |
|---|---|---|
| SPENCER'S CONTRACT PUMPING, LLC this business | $947K | — |
| WARD'S PAINTING & WEED SPRAYING LLC Pauls Valley · 2 employees | $1.1M | 7.0 mi |
| R&T OILFIELD SERVICES, INC Pauls Valley · 10 employees | $4.1M | 7.2 mi |
| JOE B. CLIFTON EXPLORATION, INC. Pauls Valley · 2 employees | $1.0M | 7.3 mi |
| SW BITS, LLC Pauls Valley · 1 employees | $652K | 7.4 mi |
| JAG ENTERPRISES LLC Pauls Valley · 11 employees | $4.5M | 7.6 mi |
| T LEONARD CPWI COMPANY LLC Wynnewood · 1 employees | $557K | 7.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $941K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $733K |
| Estimate: the two combined (geometric mean) | $947K |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $318K |
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 | $763K |
| Multiple for this size and industry | 2.4× |
| Value range | $402K – $1.0M |
| Revenue range | $623K – $1.1M |
| EBITDA range | $209K – $363K |
| 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
Advisors
- BankingThe Pauls Valley 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 Roles are as stated there and may be out of date.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
| The Pauls Valley National Bank PPP 2020 | All 172 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $18K | 2 |
About Spencer's Contract Pumping, LLC
Spencer's Contract Pumping, LLC is an oil & gas company in Wynnewood, Oklahoma. Its estimated annual revenue is about $947K, with roughly $318K of EBITDA. It has about 2 employees. Its estimated business value is $763K (likely range $402K–$1.0M).
Common questions
- Who owns Spencer's Contract Pumping, LLC?
- The owner of Spencer's Contract Pumping, 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 Spencer's Contract Pumping, LLC make?
- SeeBITDA estimates Spencer's Contract Pumping, LLC's annual revenue at about $947K (likely between $623K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spencer's Contract Pumping, LLC worth?
- About $763K, roughly 2.4× its estimated EBITDA of $318K, typical for a oil & gas company its size. Likely range: $402K–$1.0M.
- How many employees does Spencer's Contract Pumping, LLC have?
- About 2, as reported on its PPP loan.