Lereve Energy Services, LLC
How we got $15.4M
Based on its 26 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
- Headcount down 87% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 5% 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.
Employees over time
▼ 81% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 26 | $8.6M |
| 2020 | Form 5500 | 38 | $12.5M |
| 2021 | Form 5500 | 36 | $11.9M |
| 2022 | Form 5500 | 5 | $1.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LEREVE ENERGY SERVICES, LLC this business | $14.3M | — |
| MAGNESIUM HOLDINGS LLC Marlow · 2 employees | $1.7M | 0.5 mi |
| BLANTON CONSULTING LLC Marlow · 2 employees | $923K | 0.7 mi |
| 4E SERVICES Marlow · 1 employees | $712K | 2.5 mi |
| BLACK LABEL PIPELINE INSPECTION LLC Marlow · 7 employees | $3.7M | 5.2 mi |
| RTG CONSULTING, INC. Marlow · 2 employees | $697K | 5.8 mi |
| DM OIL & GAS CONSULTING, LLC Duncan · 1 employees | $498K | 7.0 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $15.3M |
| Estimate: the two combined (geometric mean) | $14.3M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $3.5M |
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 | $15.4M |
| Multiple for this size and industry | 4.4× |
| Value range | $8.1M – $21.0M |
| Revenue range | $9.4M – $16.3M |
| EBITDA range | $2.3M – $4.0M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingBank of CommercePPP / 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
| Bank of Commerce PPP 2020, PPP 2021 | All 308 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $544K | 26 |
| 2/8/2021 | second | $544K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lereve Energy Services, LLC
Lereve Energy Services, LLC is an oil & gas company in Marlow, Oklahoma, in business since 2015. Its estimated annual revenue is about $14.3M, with roughly $3.5M of EBITDA. It has about 5 employees. Its estimated business value is $15.4M (likely range $8.1M–$21.0M).
Common questions
- Who owns Lereve Energy Services, LLC?
- The owner of Lereve Energy Services, LLC 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 Lereve Energy Services, LLC make?
- SeeBITDA estimates Lereve Energy Services, LLC's annual revenue at about $14.3M (likely between $9.4M and $16.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lereve Energy Services, LLC worth?
- About $15.4M, roughly 4.4× its estimated EBITDA of $3.5M, typical for a oil & gas company its size. Likely range: $8.1M–$21.0M.
- How many employees does Lereve Energy Services, LLC have?
- About 5, from its 2022 retirement-plan filing.
- When was Lereve Energy Services, LLC founded?
- Lereve Energy Services, LLC has been in business since 2015.