T & R Well Service Inc
How we got $731K
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
▲ 5% 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 |
|---|---|---|
| T & R WELL SERVICE INC this business | $774K | — |
| HEXAGON ENERGY LLC Duncan · 4 employees | $1.3M | 0.9 mi |
| TRENT OIL PROPERTIES LLC Duncan · 2 employees | $621K | 0.9 mi |
| RICE FAMILY, LLC Duncan · 2 employees | $948K | 1.1 mi |
| BUD OIL, INC Duncan · 3 employees | $1.6M | 1.2 mi |
| DALCOR ENERGY LLC Duncan · 3 employees | $1.1M | 1.2 mi |
| PERKINS ENERGY CO. Duncan · 8 employees | $4.1M | 1.3 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) | $489K |
| Estimate: the two combined (geometric mean) | $774K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $305K |
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 | $731K |
| Multiple for this size and industry | 2.4× |
| Value range | $385K – $1.0M |
| Revenue range | $509K – $882K |
| EBITDA range | $200K – $347K |
| 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 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 | $13K | 2 |
| 2/16/2021 | second | $13K | 2 |
About T & R Well Service Inc
T & R Well Service Inc is an oil & gas company in Duncan, Oklahoma. Its estimated annual revenue is about $774K, with roughly $305K of EBITDA. It has about 2 employees. Its estimated business value is $731K (likely range $385K–$1.0M).
Common questions
- Who owns T & R Well Service Inc?
- The owner of T & R 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 T & R Well Service Inc make?
- SeeBITDA estimates T & R Well Service Inc's annual revenue at about $774K (likely between $509K and $882K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is T & R Well Service Inc worth?
- About $731K, roughly 2.4× its estimated EBITDA of $305K, typical for a oil & gas company its size. Likely range: $385K–$1.0M.
- How many employees does T & R Well Service Inc have?
- About 2, as reported on its PPP loan.