Ramon & Bennett Roustabout, Inc.
How we got $10.0M
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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 |
|---|---|---|
| RAMON & BENNETT ROUSTABOUT, INC. this business | $9.4M | — |
| MECO FIELD SERVICES LLC Beaver · 1 employees | $594K | 0.1 mi |
| CLEAR LAKE OIL LLC Beaver · 1 employees | $712K | 0.1 mi |
| H.D.C. AG, L.L.C. Beaver · 21 employees | $10.7M | 0.3 mi |
| RIGGS ROUSTABOUT & HOT SHOT SERVICE INC Beaver · 4 employees | $1.7M | 0.7 mi |
| HARDBERGER & SMYLIE, INC Beaver · 22 employees | $11.0M | 0.7 mi |
| KERRY'S PUMPING, INC. Beaver · 1 employees | $557K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.6M |
| Estimate: the two combined (geometric mean) | $9.4M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.3M |
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 | $10.0M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.3M – $13.7M |
| Revenue range | $6.2M – $10.7M |
| EBITDA range | $1.5M – $2.6M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingThe Bank of Beaver CityPPP / 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 Roles are as stated there and may be out of date.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
| The Bank of Beaver City PPP 2020, PPP 2021 | All 54 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $214K | 20 |
| 1/16/2021 | second | $210K | 14 |
About Ramon & Bennett Roustabout, Inc.
Ramon & Bennett Roustabout, Inc. is an oil & gas company in Beaver, Oklahoma. Its estimated annual revenue is about $9.4M, with roughly $2.3M of EBITDA. It has about 20 employees. Its estimated business value is $10.0M (likely range $5.3M–$13.7M).
Common questions
- Who owns Ramon & Bennett Roustabout, Inc.?
- The owner of Ramon & Bennett Roustabout, 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 Ramon & Bennett Roustabout, Inc. make?
- SeeBITDA estimates Ramon & Bennett Roustabout, Inc.'s annual revenue at about $9.4M (likely between $6.2M and $10.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ramon & Bennett Roustabout, Inc. worth?
- About $10.0M, roughly 4.4× its estimated EBITDA of $2.3M, typical for a oil & gas company its size. Likely range: $5.3M–$13.7M.
- How many employees does Ramon & Bennett Roustabout, Inc. have?
- About 20, as reported on its PPP loan.