Turners Oilfield Services Inc
How we got $2.1M
Based on 5 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
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 |
|---|---|---|
| TURNERS OILFIELD SERVICES INC this business | $2.3M | — |
| ADVANCEW TANK AND SUPPLY, INC Wilson · 1 employees | $350K | 0.8 mi |
| RENFROE'S OILFIELD SERVICES, LLC Wilson · 2 employees | $1.1M | 1.8 mi |
| FORSYTHE OILFIELD SERVICE INC Wilson · 8 employees | $3.8M | 1.9 mi |
| Xto Energy Wilson | $4.5M | 2.3 mi |
| ELECTRIC POWER SOUTIONS, LLC Wilson · 12 employees | $3.8M | 2.7 mi |
| FRONTIER SALT WATER SOLUTIONS, LLC Wilson · 3 employees | $981K | 3.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $2.3M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $686K |
| Cross-check: revenue implied by PPP payroll | $613K |
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 | $2.1M |
| Multiple for this size and industry | 3× |
| Value range | $974K – $2.9M |
| Revenue range | $1.3M – $2.7M |
| EBITDA range | $406K – $812K |
| 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
- BankingPeoples Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| Peoples Bank and Trust Company PPP 2020 | All 320 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 | $17K | 5 |
About Turners Oilfield Services Inc
Turners Oilfield Services Inc is an oil & gas company in Wilson, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $686K of EBITDA. It has about 5 employees. Its estimated business value is $2.1M (likely range $974K–$2.9M).
Common questions
- Who owns Turners Oilfield Services Inc?
- The owner of Turners Oilfield 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 Turners Oilfield Services Inc make?
- SeeBITDA estimates Turners Oilfield Services Inc's annual revenue at about $2.3M (likely between $1.3M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Turners Oilfield Services Inc worth?
- About $2.1M, roughly 3× its estimated EBITDA of $686K, typical for a oil & gas company its size. Likely range: $974K–$2.9M.
- How many employees does Turners Oilfield Services Inc have?
- About 5, as reported on its PPP loan.