Watkins Energy Services
How we got $345K
Based on its 1 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 |
|---|---|---|
| WATKINS ENERGY SERVICES this business | $438K | — |
| Shell Healdton | $1.5M | 0.4 mi |
| JEAN PUMP & SUPPLY INC Healdton · 1 employees | $395K | 0.8 mi |
| PROCHEM ENERGY SERVICES, INC. Healdton · 69 employees | $40.0M | 0.9 mi |
| JONES PUMP AND SUPPLY INC. Healdton · 4 employees | $1.6M | 1.0 mi |
| WEST FOX SWD LLC Healdton · 1 employees | $433K | 1.0 mi |
| ASSOCIATED WIRE LINE SERVICES, INC. Healdton · 9 employees | $4.4M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $470K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $314K |
| Estimate: the two combined (geometric mean) | $438K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $173K |
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 | $345K |
| Multiple for this size and industry | 2× |
| Value range | $182K – $472K |
| Revenue range | $288K – $500K |
| EBITDA range | $113K – $197K |
| 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
People & advisors
Advisors
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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 Roles are as stated there and may be out of date.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 National Bank and Trust Company of Ardmore PPP 2020, PPP 2021 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $8K | 1 |
| 1/16/2021 | second | $8K | 1 |
About Watkins Energy Services
Watkins Energy Services is an oil & gas company in Healdton, Oklahoma. Its estimated annual revenue is about $438K, with roughly $173K of EBITDA. It has about 1 employees. Its estimated business value is $345K (likely range $182K–$472K).
Common questions
- Who owns Watkins Energy Services?
- The owner of Watkins Energy Services 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 Watkins Energy Services make?
- SeeBITDA estimates Watkins Energy Services's annual revenue at about $438K (likely between $288K and $500K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Watkins Energy Services worth?
- About $345K, roughly 2× its estimated EBITDA of $173K, typical for a oil & gas company its size. Likely range: $182K–$472K.
- How many employees does Watkins Energy Services have?
- About 1, as reported on its PPP loan.