White's Roustabout Service, Inc.
How we got $3.0M
Based on its 7 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 ROUSTABOUT SERVICE, INC. this business | $3.3M | — |
| GRACE ENERGY MANAGEMENT INC. Cement · 2 employees | $1.1M | 0.0 mi |
| KAMCO HOT OIL SERVICES, INC Cement · 2 employees | $1.4M | 0.2 mi |
| WAPCO, INC Cement · 4 employees | $1.7M | 0.2 mi |
| Enterprise Crude Oil Pipeline Cyril | $1.5M | 2.8 mi |
| JEFFREY STEWART Cyril · 1 employees | $693K | 3.3 mi |
| CEMENT OIL CO Cement · 2 employees | $898K | 3.9 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $998K |
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 | $3.0M |
| Multiple for this size and industry | 3× |
| Value range | $1.6M – $4.1M |
| Revenue range | $2.2M – $3.7M |
| EBITDA range | $656K – $1.1M |
| 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
- BankingLiberty National 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 Roles are as stated there and may be out of date.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
| Liberty National Bank PPP 2020 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $84K | 7 |
About White's Roustabout Service, Inc.
White's Roustabout Service, Inc. is an oil & gas company in Cement, Oklahoma. Its estimated annual revenue is about $3.3M, with roughly $998K of EBITDA. It has about 7 employees. Its estimated business value is $3.0M (likely range $1.6M–$4.1M).
Common questions
- Who owns White's Roustabout Service, Inc.?
- The owner of White's Roustabout Service, 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 White's Roustabout Service, Inc. make?
- SeeBITDA estimates White's Roustabout Service, Inc.'s annual revenue at about $3.3M (likely between $2.2M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is White's Roustabout Service, Inc. worth?
- About $3.0M, roughly 3× its estimated EBITDA of $998K, typical for a oil & gas company its size. Likely range: $1.6M–$4.1M.
- How many employees does White's Roustabout Service, Inc. have?
- About 7, as reported on its PPP loan.