Stimulation Pumping Services Inc
How we got $27.7M
Based on its 41 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
Employees over time
▲ 63% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 41 | $14.8M |
| 2020 | Form 5500 | 39 | $14.1M |
| 2021 | Form 5500 | 56 | $20.2M |
| 2022 | Form 5500 | 78 | $28.1M |
| 2023 | Form 5500 | 75 | $27.1M |
| 2024 | Form 5500 | 70 | $25.2M |
| 2025 | Form 5500 | 67 | $24.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| STIMULATION PUMPING SERVICES INC this business | $23.4M | — |
| KINGS WELL SERVICE LLC Blackwell · 19 employees | $8.3M | 0.3 mi |
| PULLER'S OIL COMPANY, LLC Blackwell · 2 employees | $1.2M | 0.7 mi |
| WARD OILFIELD SERVICES LLC Blackwell · 2 employees | $1.0M | 0.8 mi |
| KEENEY DIRECTIONAL SERVICES LLC Blackwell · 1 employees | $499K | 1.5 mi |
| BIG DIPPER HOT OIL, INC. Blackwell · 6 employees | $2.6M | 2.4 mi |
| O-K BIT SERVICE INC. Tonkawa · 18 employees | $8.5M | 7.9 mi |
The full calculation
| Employees reported to the SBA | 41 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $18.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $23.2M |
| Estimate: the two combined (geometric mean) | $23.4M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $5.3M |
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 | $27.7M |
| Multiple for this size and industry | 5.2× |
| Value range | $14.6M – $37.9M |
| Revenue range | $15.4M – $26.7M |
| EBITDA range | $3.5M – $6.1M |
| 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
- 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 2020, 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 |
|---|---|---|---|
| 4/9/2020 | first | $656K | 41 |
| 1/28/2021 | second | $656K | 38 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Stimulation Pumping Services Inc
Stimulation Pumping Services Inc is an oil & gas company in Blackwell, Oklahoma, in business since 2010. Its estimated annual revenue is about $23.4M, with roughly $5.3M of EBITDA. It has about 67 employees. Its estimated business value is $27.7M (likely range $14.6M–$37.9M).
Common questions
- Who owns Stimulation Pumping Services Inc?
- The owner of Stimulation Pumping Services 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 Stimulation Pumping Services Inc make?
- SeeBITDA estimates Stimulation Pumping Services Inc's annual revenue at about $23.4M (likely between $15.4M and $26.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Stimulation Pumping Services Inc worth?
- About $27.7M, roughly 5.2× its estimated EBITDA of $5.3M, typical for a oil & gas company its size. Likely range: $14.6M–$37.9M.
- How many employees does Stimulation Pumping Services Inc have?
- About 67, from its 2025 retirement-plan filing.
- When was Stimulation Pumping Services Inc founded?
- Stimulation Pumping Services Inc has been in business since 2010.