X-Tra Oil Field Service & Construction, Inc.
How we got $17.6M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| X-TRA OIL FIELD SERVICE & CONSTRUCTION, INC. this business | $16.5M | — |
| YARHOLA PRODUCTION CO. INC. Drumright · 4 employees | $12.7M | 0.3 mi |
| AWS SERVICES LLC Drumright · 1 employees | $3.5M | 1.3 mi |
| LITTLE RIVER ENERGY CO., INC. Drumright · 3 employees | $8.5M | 2.1 mi |
| GLIMP OIL COMPANY, L.L.C. Drumright · 4 employees | $15.6M | 3.0 mi |
| FLINT EQUIPMENT, LLC Drumright · 5 employees | $13.8M | 3.0 mi |
| ALLEN BAUGH Drumright · 2 employees | $9.3M | 4.1 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $23.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.9M |
| Estimate: the two combined (geometric mean) | $16.5M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $3.7M |
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 | $17.6M |
| Multiple for this size and industry | 4.7× |
| Value range | $9.3M – $24.1M |
| Revenue range | $10.9M – $18.8M |
| EBITDA range | $2.5M – $4.3M |
| Industry (NAICS) | Crude Petroleum Extraction (211120) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
History & advisors
Advisors
- BankingRCB 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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $47K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About X-Tra Oil Field Service & Construction, Inc.
X-Tra Oil Field Service & Construction, Inc. is a crude petroleum extraction company in Drumright, Oklahoma, in business since 2008. Its estimated annual revenue is about $16.5M, with roughly $3.7M of EBITDA. It has about 6 employees. Its estimated business value is $17.6M (likely range $9.3M–$24.1M).
Common questions
- Who owns X-Tra Oil Field Service & Construction, Inc.?
- The owner of X-Tra Oil Field Service & Construction, 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 X-Tra Oil Field Service & Construction, Inc. make?
- SeeBITDA estimates X-Tra Oil Field Service & Construction, Inc.'s annual revenue at about $16.5M (likely between $10.9M and $18.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is X-Tra Oil Field Service & Construction, Inc. worth?
- About $17.6M, roughly 4.7× its estimated EBITDA of $3.7M, typical for a crude petroleum extraction company its size. Likely range: $9.3M–$24.1M.
- How many employees does X-Tra Oil Field Service & Construction, Inc. have?
- About 6, as reported on its PPP loan.
- When was X-Tra Oil Field Service & Construction, Inc. founded?
- X-Tra Oil Field Service & Construction, Inc. has been in business since 2008.