Tite Water Energy LLC
How we got $6.2M
Based on 15 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 4% since 2021Today'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 |
|---|---|---|
| TITE WATER ENERGY LLC this business | $6.2M | — |
| TITEWATER ENERGY, LLC Alva · 24 employees | $15.6M | 0.0 mi |
| JTC DIRECTIONAL ENTERPRISES LLC Alva · 1 employees | $711K | 1.8 mi |
| GREEN VALLEY DISPOSAL SERVICES, LLC Alva · 3 employees | $1.4M | 15.2 mi |
| COTTRILL PETROLEUM, LLC Cherokee · 1 employees | $710K | 15.4 mi |
| CLAYMESA WELL SERVICE COMPANY Waynoka · 21 employees | $8.3M | 20.7 mi |
| DH INVESTMENTS INC Waynoka · 3 employees | $1.4M | 20.8 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $6.2M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.7M |
| Cross-check: revenue implied by PPP payroll | $17.4M |
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 | $6.2M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.9M – $8.8M |
| Revenue range | $3.7M – $7.4M |
| EBITDA range | $1.0M – $2.0M |
| 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
- BankingCommunity 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 Roles are as stated there and may be out of date.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
| Community Bank PPP 2021 | All 95 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/12/2021 | second | $531K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tite Water Energy LLC
Tite Water Energy LLC is an oil & gas company in Alva, Oklahoma, in business since 2013. It is owned by Bill Davis (Founder). Its estimated annual revenue is about $6.2M, with roughly $1.7M of EBITDA. It has about 15 employees. Its estimated business value is $6.2M (likely range $2.9M–$8.8M).
Common questions
- Who owns Tite Water Energy LLC?
- Tite Water Energy LLC is owned by Bill Davis (Founder), according to public sources such as the company's website or filings.
- How much revenue does Tite Water Energy LLC make?
- SeeBITDA estimates Tite Water Energy LLC's annual revenue at about $6.2M (likely between $3.7M and $7.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tite Water Energy LLC worth?
- About $6.2M, roughly 3.6× its estimated EBITDA of $1.7M, typical for a oil & gas company its size. Likely range: $2.9M–$8.8M.
- How many employees does Tite Water Energy LLC have?
- About 15, as reported on its PPP loan.
- When was Tite Water Energy LLC founded?
- Tite Water Energy LLC has been in business since 2013.