Reeves Geological, LLC
How we got $722K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| REEVES GEOLOGICAL, LLC this business | $764K | — |
| RAGAN CONSULTING LLC Mcalester · 2 employees | $1.0M | 6.5 mi |
| TITAN CHEMICAL LLC Mcalester · 12 employees | $5.8M | 6.8 mi |
| TITAN WIRELINE SERVICES LLC Mcalester · 1 employees | $711K | 6.8 mi |
| FLOW TESTING INC. Mcalester · 39 employees | $23.9M | 10.0 mi |
| FLOW TESTING, INC. Krebs | $6.1M | 10.4 mi |
| VARNELL CONSULTING INC. Wilburton · 8 employees | $4.4M | 15.4 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $471K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $954K |
| Estimate: the two combined (geometric mean) | $764K |
| EBITDA margin (industry, adjusted for size) | 39% |
| EBITDA = revenue × margin | $301K |
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 | $722K |
| Multiple for this size and industry | 2.4× |
| Value range | $380K – $988K |
| Revenue range | $503K – $871K |
| EBITDA range | $198K – $343K |
| 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
History & advisors
Advisors
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $24K | 1 |
About Reeves Geological, LLC
Reeves Geological, LLC is an oil & gas company in Hartshorne, Oklahoma. Its estimated annual revenue is about $764K, with roughly $301K of EBITDA. It has about 1 employees. Its estimated business value is $722K (likely range $380K–$988K).
Common questions
- Who owns Reeves Geological, LLC?
- The owner of Reeves Geological, 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 Reeves Geological, LLC make?
- SeeBITDA estimates Reeves Geological, LLC's annual revenue at about $764K (likely between $503K and $871K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Reeves Geological, LLC worth?
- About $722K, roughly 2.4× its estimated EBITDA of $301K, typical for a oil & gas company its size. Likely range: $380K–$988K.
- How many employees does Reeves Geological, LLC have?
- About 1, as reported on its PPP loan.