Venture Pipe and Supply Inc.
How we got $50.4M
Based on its 113 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 48% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
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.
Employees over time
▼ 58% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 113 | $37.2M |
| 2020 | Form 5500 | 93 | $30.7M |
| 2021 | Form 5500 | 69 | $22.7M |
| 2022 | Form 5500 | 59 | $19.4M |
| 2023 | Form 5500 | 48 | $15.8M |
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 |
|---|---|---|
| VENTURE PIPE AND SUPPLY INC. this business | $42.7M | — |
| B & B TOOL CO., INC Lindsay · 2 employees | $831K | 0.2 mi |
| HASSLER HOT OIL SERVICE, LLC Lindsay · 4 employees | $2.2M | 0.2 mi |
| HOMER RINEHART COMPANY, INC. Lindsay · 44 employees | $22.3M | 0.2 mi |
| WEBB OIL COMPANY, INC. Lindsay · 12 employees | $5.4M | 0.3 mi |
| Stream Line Lindsay | $1.5M | 0.3 mi |
| ASHER OILFIELD SPECIALTY LLC Lindsay · 19 employees | $10.1M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 113 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $43.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $31.8M |
| Estimate: the two combined (geometric mean) | $42.7M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $9.7M |
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 | $50.4M |
| Multiple for this size and industry | 5.2× |
| Value range | $26.5M – $68.9M |
| Revenue range | $28.1M – $48.6M |
| EBITDA range | $6.4M – $11.0M |
| 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
- BankingFirst Bank and Trust CoPPP / 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 Bank and Trust Co PPP 2020, PPP 2021 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $1.3M | 113 |
| 1/19/2021 | second | $1.1M | 92 |
2 locations
| 14198 Hwy 19 | Lindsay | This listing |
| 2727 M and K Ln | El Reno | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Venture Pipe and Supply Inc.
Venture Pipe and Supply Inc. is an oil & gas company in Lindsay, Oklahoma, in business since 2013. It is owned by Ernie Brooks (President). Its estimated annual revenue is about $42.7M, with roughly $9.7M of EBITDA. It has about 48 employees. Its estimated business value is $50.4M (likely range $26.5M–$68.9M). It has 2 locations.
Common questions
- Who owns Venture Pipe and Supply Inc.?
- Venture Pipe and Supply Inc. is owned by Ernie Brooks (President), according to public sources such as the company's website or filings.
- How much revenue does Venture Pipe and Supply Inc. make?
- SeeBITDA estimates Venture Pipe and Supply Inc.'s annual revenue at about $42.7M (likely between $28.1M and $48.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Venture Pipe and Supply Inc. worth?
- About $50.4M, roughly 5.2× its estimated EBITDA of $9.7M, typical for a oil & gas company its size. Likely range: $26.5M–$68.9M.
- How many employees does Venture Pipe and Supply Inc. have?
- About 48, from its 2023 retirement-plan filing.
- When was Venture Pipe and Supply Inc. founded?
- Venture Pipe and Supply Inc. has been in business since 2013.