Frontier Well Service, Inc.
How we got $5.8M
Based on its 27 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
▲ 41% 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 |
|---|---|---|
| FRONTIER WELL SERVICE, INC. this business | $17.4M | — |
| ABLE ENVIRONMENTAL DRILLING, LLC Yukon · 17 employees | $6.8M | 1.9 mi |
| Weatherford International Yukon | $5.8M | 2.4 mi |
| LANDMARK ENERGY SUPPLY INC. Yukon · 5 employees | $1.6M | 3.4 mi |
| PATHFINDER HDD, LLC Yukon · 89 employees | $28.2M | 4.3 mi |
| TAR ENTERPRISES LLC Yukon · 1 employees | $505K | 5.0 mi |
| Phoenix Technology Services Oklahoma City | $5.8M | 5.8 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.2M |
| Estimate: the two combined (geometric mean) | $17.4M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $1.7M |
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 | $5.8M |
| Multiple for this size and industry | 3.4× |
| Value range | $3.0M – $7.9M |
| Revenue range | $11.4M – $19.8M |
| EBITDA range | $1.1M – $1.9M |
| Industry (NAICS) | Water and Sewer Line and Related Structures Construction (237110) |
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
- BankingInterBankPPP / 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 Roles are as stated there and may be out of date.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
| InterBank PPP 2020, PPP 2021 | All 585 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 | $378K | 27 |
| 1/20/2021 | second | $378K | 27 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Frontier Well Service, Inc.
Frontier Well Service, Inc. is a water and sewer line and related structures construction company in Yukon, Oklahoma, in business since 2008. Its estimated annual revenue is about $17.4M, with roughly $1.7M of EBITDA. It has about 27 employees. Its estimated business value is $5.8M (likely range $3.0M–$7.9M).
Common questions
- Who owns Frontier Well Service, Inc.?
- The owner of Frontier Well 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 Frontier Well Service, Inc. make?
- SeeBITDA estimates Frontier Well Service, Inc.'s annual revenue at about $17.4M (likely between $11.4M and $19.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Frontier Well Service, Inc. worth?
- About $5.8M, roughly 3.4× its estimated EBITDA of $1.7M, typical for a water and sewer line and related structures construction company its size. Likely range: $3.0M–$7.9M.
- How many employees does Frontier Well Service, Inc. have?
- About 27, as reported on its PPP loan.
- When was Frontier Well Service, Inc. founded?
- Frontier Well Service, Inc. has been in business since 2008.