Steve Gabel Contract Pumping, Inc.
How we got $1.1M
Based on its 3 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 |
|---|---|---|
| STEVE GABEL CONTRACT PUMPING, INC. this business | $1.4M | — |
| FITTS ENTERPRISES, LLC Beaver · 1 employees | $620K | 0.2 mi |
| PHIL-MAR, INC. Beaver · 17 employees | $7.9M | 0.2 mi |
| RIGGS ROUSTABOUT & HOT SHOT SERVICE INC Beaver · 4 employees | $1.7M | 0.3 mi |
| CLEAR LAKE OIL LLC Beaver · 1 employees | $712K | 0.6 mi |
| MECO FIELD SERVICES LLC Beaver · 1 employees | $594K | 0.7 mi |
| HARDBERGER & SMYLIE, INC Beaver · 22 employees | $11.0M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $470K |
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $593K – $1.5M |
| Revenue range | $920K – $1.6M |
| EBITDA range | $309K – $536K |
| 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
- BankingSecurity State BankPPP / 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 Roles are as stated there and may be out of date.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
| Security State Bank PPP 2020, PPP 2021 | All 114 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 | $27K | 3 |
| 1/29/2021 | second | $27K | 3 |
About Steve Gabel Contract Pumping, Inc.
Steve Gabel Contract Pumping, Inc. is an oil & gas company in Beaver, Oklahoma. Its estimated annual revenue is about $1.4M, with roughly $470K of EBITDA. It has about 3 employees. Its estimated business value is $1.1M (likely range $593K–$1.5M).
Common questions
- Who owns Steve Gabel Contract Pumping, Inc.?
- The owner of Steve Gabel Contract Pumping, 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 Steve Gabel Contract Pumping, Inc. make?
- SeeBITDA estimates Steve Gabel Contract Pumping, Inc.'s annual revenue at about $1.4M (likely between $920K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Steve Gabel Contract Pumping, Inc. worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $470K, typical for a oil & gas company its size. Likely range: $593K–$1.5M.
- How many employees does Steve Gabel Contract Pumping, Inc. have?
- About 3, as reported on its PPP loan.