Wolverine Directional
How we got $16.8M
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 |
|---|---|---|
| WOLVERINE DIRECTIONAL this business | $15.8M | — |
| MIDWESTERN EXPLORATION CO. Edmond · 4 employees | $13.0M | 0.0 mi |
| WELL-SITE MANAGEMENT LLC Edmond · 1 employees | $4.4M | 0.1 mi |
| RANKEN ENERGY CORPORATION Edmond · 6 employees | $21.1M | 1.3 mi |
| GUEST PETROLEUM INC Edmond · 4 employees | $16.3M | 1.4 mi |
| LONE PEAK LAND LLC Edmond · 1 employees | $3.3M | 1.4 mi |
| BILL LOGSDON Edmond · 1 employees | $4.5M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.3M |
| Estimate: the two combined (geometric mean) | $15.8M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $3.6M |
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 | $16.8M |
| Multiple for this size and industry | 4.7× |
| Value range | $8.9M – $23.0M |
| Revenue range | $10.4M – $18.0M |
| EBITDA range | $2.4M – $4.1M |
| 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
- BankingAmerican Express National Bank, Customers 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 Roles are as stated there and may be out of date.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
| American Express National Bank PPP 2020 | All 12 borrowers → |
| Customers Bank PPP 2021 | All 220 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $86K | 3 |
| 2/20/2021 | second | $62K | 3 |
About Wolverine Directional
Wolverine Directional is a crude petroleum extraction company in Edmond, Oklahoma. Its estimated annual revenue is about $15.8M, with roughly $3.6M of EBITDA. It has about 3 employees. Its estimated business value is $16.8M (likely range $8.9M–$23.0M).
Common questions
- Who owns Wolverine Directional?
- The owner of Wolverine Directional 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 Wolverine Directional make?
- SeeBITDA estimates Wolverine Directional's annual revenue at about $15.8M (likely between $10.4M and $18.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wolverine Directional worth?
- About $16.8M, roughly 4.7× its estimated EBITDA of $3.6M, typical for a crude petroleum extraction company its size. Likely range: $8.9M–$23.0M.
- How many employees does Wolverine Directional have?
- About 3, as reported on its PPP loan.