Titan Oil Tools Inc
How we got $95.1M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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
▲ 21% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 19 | $63.0M |
| 2023 | Form 5500 | 21 | $69.6M |
| 2024 | Form 5500 | 23 | $76.3M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TITAN OIL TOOLS INC this business | $74.8M | — |
| 3D MARTINS CONSTRUCTION INC. Ratliff City · 14 employees | $41.9M | 1.1 mi |
| S S & C TRUCKING, LLC Ratliff City · 1 employees | $3.6M | 1.4 mi |
| DARK HORSE OILFIELD SERVICES LLC Healdton · 17 employees | $45.1M | 7.8 mi |
| TILLEY OILFIELD SERVICE LLC Velma · 10 employees | $46.4M | 9.2 mi |
| RHR PROPERTIES, LLC Wilson · 2 employees | $9.3M | 9.3 mi |
| HAYS PRODUCTION LLC Velma · 2 employees | $5.7M | 10.6 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $74.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $57.8M |
| Estimate: the two combined (geometric mean) | $74.8M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $14.9M |
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 | $95.1M |
| Multiple for this size and industry | 6.4× |
| Value range | $50.1M – $130.2M |
| Revenue range | $49.2M – $85.3M |
| EBITDA range | $9.8M – $16.9M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingFirst State 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
| First State Bank PPP 2020, PPP 2021 | All 268 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 | $304K | 17 |
| 1/27/2021 | second | $304K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Titan Oil Tools Inc
Titan Oil Tools Inc is a crude petroleum extraction company in Ratliff City, Oklahoma, in business since 2014. It is owned by Roy Lee Black Jr.. Its estimated annual revenue is about $74.8M, with roughly $14.9M of EBITDA. It has about 23 employees. Its estimated business value is $95.1M (likely range $50.1M–$130.2M).
Common questions
- Who owns Titan Oil Tools Inc?
- Titan Oil Tools Inc is owned by Roy Lee Black Jr., according to public sources such as the company's website or filings.
- How much revenue does Titan Oil Tools Inc make?
- SeeBITDA estimates Titan Oil Tools Inc's annual revenue at about $74.8M (likely between $49.2M and $85.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Titan Oil Tools Inc worth?
- About $95.1M, roughly 6.4× its estimated EBITDA of $14.9M, typical for a crude petroleum extraction company its size. Likely range: $50.1M–$130.2M.
- How many employees does Titan Oil Tools Inc have?
- About 23, from its 2024 retirement-plan filing.
- When was Titan Oil Tools Inc founded?
- Titan Oil Tools Inc has been in business since 2014.