W. A. Waterman & Co.
How we got $3.6M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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 |
|---|---|---|
| W. A. WATERMAN & CO. this business | $3.3M | — |
| FINDING DIMES, LLC Oklahoma City · 2 employees | $979K | 1.1 mi |
| TAMI WHEELER LLC Oklahoma City · 1 employees | $470K | 1.3 mi |
| WHITE'S ENERGY SERVICES LLC Oklahoma City · 137 employees | $98.9M | 1.4 mi |
| CROSS OIL & GAS INC. Oklahoma City · 10 employees | $5.3M | 1.4 mi |
| BRENT BAKER DRILLING INC Oklahoma City · 8 employees | $3.5M | 1.5 mi |
| White Operating Co. Oklahoma City | $1.5M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.4M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $1.0M |
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 | $3.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.9M – $5.0M |
| Revenue range | $2.2M – $3.8M |
| EBITDA range | $661K – $1.1M |
| 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
- BankingProsperity 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 Roles are as stated there and may be out of date.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
| Prosperity Bank PPP 2020 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $119K | 5 |
About W. A. Waterman & Co.
W. A. Waterman & Co. is an oil & gas company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $3.3M, with roughly $1.0M of EBITDA. It has about 5 employees. Its estimated business value is $3.6M (likely range $1.9M–$5.0M).
Common questions
- Who owns W. A. Waterman & Co.?
- The owner of W. A. Waterman & Co. 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 W. A. Waterman & Co. make?
- SeeBITDA estimates W. A. Waterman & Co.'s annual revenue at about $3.3M (likely between $2.2M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is W. A. Waterman & Co. worth?
- About $3.6M, roughly 3.6× its estimated EBITDA of $1.0M, typical for a oil & gas company its size. Likely range: $1.9M–$5.0M.
- How many employees does W. A. Waterman & Co. have?
- About 5, as reported on its PPP loan.