Premier Oilfield Service Company

TX

Premier Oilfield Service Company
Contact Seller

Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $5,000,000

EBITDA: $500,000

FF&E: N/A

Inventory: N/A

Established: N/A

Premier Oilfield Service Company

Save Print Share Valuation Report

Business Description

The Company is an oilfield service company specializing in plugging and abandonment, well servicing, and workover services. In 2018, management estimates the revenue mix was the following: Plugging and Abandonment (44%), Well Servicing (36%), Consulting (9%), Other Services: Roustabout, Cement Pumping, etc. (6%), and Salvage Sales (5%).

The Company primarily serves clients located in Texas. The Company operates from two facilities: 1) a 3,000 square foot main office; and 2) an approximately 20,000 square foot yard with a shop.

The Company has assembled a team of in-house project managers, regulatory support staff, and experienced and accomplished on-site personnel. The Company has the expertise to plan and direct all phases of a workover, well servicing, and well abandonment project and ensure the completion of all necessary regulatory paperwork requirements. Equally important, the Company has the financial resources to stand behind its work, as well as a comprehensive safety program.

Detailed Information

Competition:
Strong Client Relationships: The Company has long-term relationships with several publicly traded companies. Relationships with these globally recognized and stable entities demonstrate the Company’s high-quality services and capabilities increasing industry recognition. Low Employee Turnover: The Company values its staff and their experience, and that treatment is reflected in the low employee turnover rate. The Company has several tenured employees that lend credence to the Company’s expertise and capabilities.
Growth & Expansion:
Strong Balance Sheet: The Company’s unadjusted current ratio was 1.7, above the industry average for companies of its size at 1.1. Proprietary Expertise: In addition to the principal’s extensive experience, the Company’s key employees also have significant industry expertise.
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Gary Milleson

Business Listed By:
Gary Milleson

Generational Equity, LLC

Show Phone Number

View My Listings


Sponsoring Broker:
Lisa Lippe

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1647871 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Nextaff Staffing Franchise

Franchise Opportunity In TX
Cash Required: 100000