Triple T Oilfield Hotshot Services Inc.
How we got $711K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TRIPLE T OILFIELD HOTSHOT SERVICES INC. this business | $882K | — |
| THE CASCADE GROUP INC Oklahoma City · 2 employees | $1.1M | 1.3 mi |
| SLR SERVICES LLC Oklahoma City · 1 employees | $549K | 1.7 mi |
| BARRY FENNEL, INC. Mustang · 1 employees | $557K | 1.9 mi |
| PHANTOM ENERGY GROUP LLC Oklahoma City · 6 employees | $2.7M | 2.5 mi |
| JACKIE TUCKER JACKIE'S FIELD SERVICES INC. Oklahoma City · 1 employees | $499K | 3.0 mi |
| CHOTA LAND SERVICES LLC Mustang · 1 employees | $604K | 3.1 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) | $636K |
| Estimate: the two combined (geometric mean) | $882K |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $296K |
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 | $711K |
| Multiple for this size and industry | 2.4× |
| Value range | $374K – $973K |
| Revenue range | $580K – $1.0M |
| EBITDA range | $195K – $338K |
| 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
- BankingMidFirst 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
| MidFirst Bank PPP 2020 | All 2,403 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 | $16K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Triple T Oilfield Hotshot Services Inc.
Triple T Oilfield Hotshot Services Inc. is an oil & gas company in Mustang, Oklahoma, in business since 1997. Its estimated annual revenue is about $882K, with roughly $296K of EBITDA. It has about 2 employees. Its estimated business value is $711K (likely range $374K–$973K).
Common questions
- Who owns Triple T Oilfield Hotshot Services Inc.?
- The owner of Triple T Oilfield Hotshot 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 Triple T Oilfield Hotshot Services Inc. make?
- SeeBITDA estimates Triple T Oilfield Hotshot Services Inc.'s annual revenue at about $882K (likely between $580K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Triple T Oilfield Hotshot Services Inc. worth?
- About $711K, roughly 2.4× its estimated EBITDA of $296K, typical for a oil & gas company its size. Likely range: $374K–$973K.
- How many employees does Triple T Oilfield Hotshot Services Inc. have?
- About 2, as reported on its PPP loan.
- When was Triple T Oilfield Hotshot Services Inc. founded?
- Triple T Oilfield Hotshot Services Inc. has been in business since 1997.