Thompson Lease Service, LLC
How we got $4.6M
Based on 11 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| THOMPSON LEASE SERVICE, LLC this business | $4.6M | — |
| D&P OILFIELD EQUIPMENT LLC Drumright · 3 employees | $1.7M | 0.0 mi |
| SHIDELER ENTERPRISES INC Drumright · 2 employees | $834K | 1.2 mi |
| Crude Marketing & Transportation Drumright | $1.5M | 1.3 mi |
| W&K OIL FIELD REPAIR, LLC Drumright · 2 employees | $1.0M | 2.2 mi |
| CROSSROADS PIPELINE SERVICES Drumright · 16 employees | $7.1M | 2.3 mi |
| BEAR ENERGY, LLC Drumright · 3 employees | $1.8M | 2.5 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $4.6M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.3M |
| Cross-check: revenue implied by PPP payroll | $1.3M |
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 | $4.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.2M – $6.5M |
| Revenue range | $2.7M – $5.4M |
| EBITDA range | $751K – $1.5M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020 | All 1,690 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 | $39K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Thompson Lease Service, LLC
Thompson Lease Service, LLC is an oil & gas company in Drumright, Oklahoma, in business since 2024. It is owned by Tony L. Thompson Jr.. Its estimated annual revenue is about $4.6M, with roughly $1.3M of EBITDA. It has about 11 employees. Its estimated business value is $4.6M (likely range $2.2M–$6.5M).
Common questions
- Who owns Thompson Lease Service, LLC?
- Thompson Lease Service, LLC is owned by Tony L. Thompson Jr., according to public sources such as the company's website or filings.
- How much revenue does Thompson Lease Service, LLC make?
- SeeBITDA estimates Thompson Lease Service, LLC's annual revenue at about $4.6M (likely between $2.7M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thompson Lease Service, LLC worth?
- About $4.6M, roughly 3.6× its estimated EBITDA of $1.3M, typical for a oil & gas company its size. Likely range: $2.2M–$6.5M.
- How many employees does Thompson Lease Service, LLC have?
- About 11, as reported on its PPP loan.
- When was Thompson Lease Service, LLC founded?
- Thompson Lease Service, LLC has been in business since 2024.