White's Energy Services LLC
How we got $118.0M
Based on its 137 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 |
|---|---|---|
| WHITE'S ENERGY SERVICES LLC this business | $98.9M | — |
| BRENT BAKER DRILLING INC Oklahoma City · 8 employees | $3.5M | 0.2 mi |
| SKYLINE DIRECTIONAL DRILLING, LLC Moore · 20 employees | $12.2M | 0.9 mi |
| Teledrift Inc Moore | $1.5M | 1.0 mi |
| Tag Drilling Motor Co. Moore | $1.5M | 1.1 mi |
| Black Mamba Rod Lift Oklahoma City | $1.5M | 1.1 mi |
| Array Products Oklahoma City | $1.5M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 137 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $75.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $99.2M |
| Estimate: the two combined (geometric mean) | $98.9M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $19.7M |
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 | $118.0M |
| Multiple for this size and industry | 6× |
| Value range | $62.1M – $161.4M |
| Revenue range | $65.1M – $112.8M |
| EBITDA range | $12.9M – $22.4M |
| 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
- BankingBank of Western OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| Bank of Western Oklahoma PPP 2020, PPP 2021 | All 200 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 | $2.7M | 137 |
| 1/23/2021 | second | $2.0M | 80 |
2 locations
| 837 SE 82ND STREET | Oklahoma City | This listing |
| 909 NW 63rd St | Oklahoma City | View |
Revenue, profit and value are for the whole company.
About White's Energy Services LLC
White's Energy Services LLC is an oil & gas company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $98.9M, with roughly $19.7M of EBITDA. It has about 137 employees. Its estimated business value is $118.0M (likely range $62.1M–$161.4M). It has 2 locations.
Common questions
- Who owns White's Energy Services LLC?
- The owner of White's Energy Services LLC 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 White's Energy Services LLC make?
- SeeBITDA estimates White's Energy Services LLC's annual revenue at about $98.9M (likely between $65.1M and $112.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is White's Energy Services LLC worth?
- About $118.0M, roughly 6× its estimated EBITDA of $19.7M, typical for a oil & gas company its size. Likely range: $62.1M–$161.4M.
- How many employees does White's Energy Services LLC have?
- About 137, as reported on its PPP loan.