SeeBITDAOklahoma

Bkw, Inc

Oil and Gas Pipeline and Related Structures Construction
  • 2469 E King St, Tulsa, OK
  • Since 1999
Estimated valueMedium confidence
$1.0M
$533Klikely range$1.4M
About 2.3× its yearly profit, typical for a company this size in its industry.
Revenue
$3.4M
a year
Profit (EBITDA)
$440K
13% of revenue
Employees
8
reported in 2020
Butch Webb
President/Engineer · source
Some signs of a sale

How we got $1.0M

Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.

8 employees × $376K each$3.0M
PPP payroll ÷ payroll's usual share of revenue$2.9M
Shown toward the top of its range×1.14
Revenue$3.4M
× 13% profit margin$440K
× 2.3 sale multiple = value$1.0M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 27 years (since 1999)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

BKW, Inc. in Tulsa, Oklahoma custom designs and fabricates pipeline equipment and provides pipeline engineering services for the pipeline industry.

Products & services
Pipeline AnchorsPig SwitchesPiggable Ys/WyesTadpole PigsPig & Sphere Launcher & Receiver TrapsPig Trap TraysPig Trap Jib CranesBall HooksSlug CatchersPipeline EngineeringResearch & DevelopmentCommercial Roof Lifting
Markets served
Pipeline Industry
Service area
WorldwideTulsa, Oklahoma

From the company's website. Industry: Oil and Gas Pipeline and Related Structures Construction.

Customers & suppliers

Customers

  • ONEOK · named on its website
  • MRC Global · named on its website
  • Sunland Construction · named on its website
  • Marathon Pipeline · named on its website
  • Blue Racer Midstream · named on its website
  • Caiman Energy · named on its website
  • Magellan Midstream · named on its website
  • Cimarex Energy · named on its website
  • DNOW · named on its website
  • Toro Field Services · named on its website
  • MarkWest Energy · named on its website
  • Targa Pipeline · named on its website
  • Plains Pipeline · named on its website
  • Chesapeake Energy · named on its website
  • American Marine · named on its website

Estimated value over time

▲ 4% since 2020
$0$582K$1.2M20202026

Today'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

BusinessEst. revenueEst. profitDistance
BKW, INC
this business
$3.4M$440K—
HEMPHILL, LLC
Tulsa · 15 employees
$6.5M$690K1.1 mi
FRANCIS RENEWABLE ENERGY, LLC
Tulsa · 3 employees
$2.8M$372K1.3 mi
CODE RED UNDERGROUND, LLC
Tulsa · 45 employees
$17.3M$1.7M1.3 mi
INNOVATIVE ELECTRICAL CONCEPTS,LLC
Tulsa · 1 employees
$555K$94K1.6 mi
Environmental Drilling
Tulsa
$5.8M$690K2.0 mi
LANDA MOBILE SYSTEMS, LLC
Tulsa · 11 employees
$3.1M$400K3.6 mi

The full calculation

Employees reported to the SBA8
Revenue from headcount (employees × revenue per employee for companies this size)$3.0M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.9M
Estimate: the two combined (geometric mean)$3.4M
EBITDA margin (industry, adjusted for size)13%
EBITDA = revenue × margin$440K

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$1.0M
Multiple for this size and industry2.3×
Value range$533K – $1.4M
Revenue range$2.2M – $3.8M
EBITDA range$290K – $502K
Industry (NAICS)Oil and Gas Pipeline and Related Structures Construction (237120)

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

“For 45 years, BKW has specialized in furnishing unique items and widgets that cannot be found on the shelf.”

Leadership

  • AP
    Alyssa Pearce
    Office Manager · Company website · source

Advisors

  • BankingRegent Bank, First Bank of OwassoPPP / 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

First Bank of Owasso
PPP 2021
All 426 borrowers →
Regent Bank
PPP 2020
All 726 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$93K$94K8Regent Bank
1/16/2021second$94K$94K8First Bank of Owasso

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Bkw, Inc

Bkw, Inc is an oil and gas pipeline and related structures construction company in Tulsa, Oklahoma, in business since 1999. It is owned by Butch Webb (President/Engineer). Its estimated annual revenue is about $3.4M, with roughly $440K of EBITDA. It has about 8 employees. Its estimated business value is $1.0M (likely range $533K–$1.4M).

Common questions

Who owns Bkw, Inc?
Bkw, Inc is owned by Butch Webb (President/Engineer), according to public sources such as the company's website or filings.
How much revenue does Bkw, Inc make?
SeeBITDA estimates Bkw, Inc's annual revenue at about $3.4M (likely between $2.2M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Bkw, Inc worth?
About $1.0M, roughly 2.3× its estimated EBITDA of $440K, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $533K–$1.4M.
How many employees does Bkw, Inc have?
About 8, as reported on its PPP loan.
When was Bkw, Inc founded?
Bkw, Inc has been in business since 1999.