Bill Weems Oil, L.L.C.
How we got $1.7M
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| BILL WEEMS OIL, L.L.C. this business | $1.7M | — |
| MILLS WELL SERVICE, INC. Seminole · 50 employees | $24.4M | 0.5 mi |
| CONSOLIDATED PRODUCTION INC. Seminole · 1 employees | $366K | 1.0 mi |
| ABOSS LLC Seminole · 1 employees | $557K | 1.4 mi |
| MIDWEST LOGGING & PERFORATING, INC. Seminole · 2 employees | $930K | 2.4 mi |
| DAKOTA ROYALTIES, INC. Seminole · 2 employees | $685K | 4.0 mi |
| Seminole Mud Co. Seminole | $1.5M | 4.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $361K |
| Revenue = employees × revenue per employee | $1.7M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $561K |
| Cross-check: revenue implied by PPP payroll | $405K |
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 | $1.7M |
| Multiple for this size and industry | 3× |
| Value range | $796K – $2.4M |
| Revenue range | $988K – $2.0M |
| EBITDA range | $332K – $663K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
People & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $10K | 3 |
About Bill Weems Oil, L.L.C.
Bill Weems Oil, L.L.C. is an oil & gas company in Seminole, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $561K of EBITDA. It has about 3 employees. Its estimated business value is $1.7M (likely range $796K–$2.4M).
Common questions
- Who owns Bill Weems Oil, L.L.C.?
- The owner of Bill Weems Oil, L.L.C. 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 Bill Weems Oil, L.L.C. make?
- SeeBITDA estimates Bill Weems Oil, L.L.C.'s annual revenue at about $1.7M (likely between $988K and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bill Weems Oil, L.L.C. worth?
- About $1.7M, roughly 3× its estimated EBITDA of $561K, typical for a oil & gas company its size. Likely range: $796K–$2.4M.
- How many employees does Bill Weems Oil, L.L.C. have?
- About 3, as reported on its PPP loan.