Wego Perforators Inc
How we got $13.7M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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 |
|---|---|---|
| WEGO PERFORATORS INC this business | $11.9M | — |
| ARROW OIL AND GAS LLC Norman · 13 employees | $37.7M | 0.0 mi |
| ENERGETIC SYSTEMS, INC. LLC Norman | $72.9M | 1.2 mi |
| BLUE STAR GAS CORP Norman · 24 employees | $105.4M | 1.5 mi |
| JTH EQUITY INVESTMENTS, LLC Norman · 2 employees | $8.9M | 1.5 mi |
| ROX EXPLORATION, INC. Norman · 5 employees | $21.0M | 1.6 mi |
| GLA, INC. Norman · 4 employees | $18.5M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.3M |
| Estimate: the two combined (geometric mean) | $11.9M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.9M |
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 | $13.7M |
| Multiple for this size and industry | 4.7× |
| Value range | $7.2M – $18.7M |
| Revenue range | $7.8M – $13.6M |
| EBITDA range | $1.9M – $3.3M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 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 | $49K | 3 |
| 2/8/2021 | second | $39K | 2 |
About Wego Perforators Inc
Wego Perforators Inc is a crude petroleum extraction company in Norman, Oklahoma. Its estimated annual revenue is about $11.9M, with roughly $2.9M of EBITDA. It has about 3 employees. Its estimated business value is $13.7M (likely range $7.2M–$18.7M).
Common questions
- Who owns Wego Perforators Inc?
- The owner of Wego Perforators 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 Wego Perforators Inc make?
- SeeBITDA estimates Wego Perforators Inc's annual revenue at about $11.9M (likely between $7.8M and $13.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wego Perforators Inc worth?
- About $13.7M, roughly 4.7× its estimated EBITDA of $2.9M, typical for a crude petroleum extraction company its size. Likely range: $7.2M–$18.7M.
- How many employees does Wego Perforators Inc have?
- About 3, as reported on its PPP loan.