United Energy Drilling Inc.
How we got $9.7M
Based on its 27 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 5% 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 |
|---|---|---|
| UNITED ENERGY DRILLING INC. this business | $9.0M | — |
| BARON RESOURCES, LLC Norman · 1 employees | $711K | 0.2 mi |
| TODCO PROPERTIES, INC Norman · 9 employees | $4.8M | 0.3 mi |
| MELROSE & HUNT LLC Norman · 1 employees | $637K | 0.7 mi |
| LAND PROJECT MANAGEMENT, LLC Norman · 1 employees | $571K | 0.8 mi |
| SKY STAR ROOFING, LLC Norman · 1 employees | $512K | 0.9 mi |
| RSF INVESTMENTS, LLC Norman · 1 employees | $427K | 1.0 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.9M |
| Estimate: the two combined (geometric mean) | $9.0M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.2M |
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 | $9.7M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.1M – $13.3M |
| Revenue range | $5.9M – $10.3M |
| EBITDA range | $1.5M – $2.5M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
People & advisors
Advisors
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2020, PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/23/2020 | first | $210K | 27 |
| 4/20/2021 | second | $210K | 20 |
2 locations
| 2241 W LINDSEY ST SUITE 504 | Norman | This listing |
| 1201 Magnolia Ct | Moore | View |
Revenue, profit and value are for the whole company.
About United Energy Drilling Inc.
United Energy Drilling Inc. is an oil & gas company in Norman, Oklahoma. Its estimated annual revenue is about $9.0M, with roughly $2.2M of EBITDA. It has about 27 employees. Its estimated business value is $9.7M (likely range $5.1M–$13.3M). It has 2 locations.
Common questions
- Who owns United Energy Drilling Inc.?
- The owner of United Energy Drilling 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 United Energy Drilling Inc. make?
- SeeBITDA estimates United Energy Drilling Inc.'s annual revenue at about $9.0M (likely between $5.9M and $10.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is United Energy Drilling Inc. worth?
- About $9.7M, roughly 4.4× its estimated EBITDA of $2.2M, typical for a oil & gas company its size. Likely range: $5.1M–$13.3M.
- How many employees does United Energy Drilling Inc. have?
- About 27, as reported on its PPP loan.