SeeBITDAOklahoma

Enduro Pipeline Services Inc.

Synthetic Rubber Manufacturing
Estimated valueMedium confidence
$128.2M
$67.5Mlikely range$175.4M
About 7.5× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$184.6M
a year
EBITDA
$17.1M
9% of revenue
Employees
156
reported in 2021
Leadership
Dwane Laymon
Founder · source · confirmed by 2 sources
Likely to sell

How we got $128.2M

Based on its 156 employees and its payroll, both reported for PPP in 2021 and brought up to date.

156 employees × $1.0M each$163.5M
PPP payroll ÷ payroll's usual share of revenue$160.3M
Shown toward the top of its range×1.14
Revenue$184.6M
× 9% EBITDA margin$17.1M
× 7.5 sale multiple = value$128.2M

Own this business? Correct these figures

Estimated value over time

▲ 29% since 2020
$0$73.7M$147.4M202020212022202320242026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▼ 21% since 2021
010020020202021202220232024156124
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2021PPP loan156$116.8M$10.8M
2020Form 5500136$101.9M$9.4M
2021Form 5500128$95.9M$8.9M
2022Form 5500123$92.1M$8.5M
2023Form 5500123$92.1M$8.5M
2024Form 5500124$92.9M$8.6M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2021
401(k) filing, 2024
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale Likely to sell

  • In business 38 years (since 1988)
  • Founder still runs it after 38 years
  • 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

Enduro Pipeline Services designs and manufactures pipeline cleaning pigs, inline inspection tools, caliper tools, and pig tracking equipment, and offers pipeline GIS and inline inspection data services for pipeline operators across North America.

Products & services
Pipeline Cleaning PigsInline Inspection ToolsTrackingCaliperDual Diameter Cleaning PigsILI ServicesData AnalysisGISMulti Diameter Cleaning PigMFL-DfLDdL CaliperDynamic Speed Control (DSC 2)
Markets served
oil & gas industry
Service area
North America

From the company's website. Industry: Synthetic Rubber Manufacturing.

Customers & suppliers

Customers

  • Williams Gas Pipeline West · named on its website
  • Harvest Pipeline Company · named on its website
  • N-SPEC Pipeline Services · named on its website

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Oil & gas

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
ENDURO PIPELINE SERVICES INC.
this business
$184.6M$17.1M—
GREYSTONE LOGISTICS, INC
Tulsa · 327 employees
$27.5M$-1.7M5.4 mi
TEXRE
Tulsa · 23 employees
$17.8M$1.9M7.7 mi
CASTING CREATIONS, INC.
Tulsa · 10 employees
$10.1M$1.1M12.0 mi
NXTNANO, LLC
Claremore · 23 employees
$15.7M$1.8M29.2 mi
NUCERA SOLUTIONS, LLC
Barnsdall
$48.5M$5.1M32.8 mi
Interplastic Corporation
Pryor
$1.8M$244K43.9 mi

Ranges & sources

Revenue range$121.4M – $210.5M
EBITDA range$11.2M – $19.5M
Industry (NAICS)Synthetic Rubber Manufacturing (325212)
Value range$67.5M – $175.4M

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded 1988 by Dwane Laymon
“Enduro Pipeline Services, Inc., a company with a rich history dating back to 1988, has consistently led the industry in technological advancements.”

Advisors

  • AccountingHogantaylor LLPAudits its 401(k) plan (2024 filing)
  • BankingBOKF, National AssociationPPP / 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

BOKF, National Association
PPP 2021
All 2,399 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
2/25/2021first$2.6M$2.6M156BOKF, National Association

Public records

LinkedIn company page
Size as the company lists it
Employees—
DOT motor carrier
USDOT 1231927
Trucks (power units)20
Drivers19
Miles (2024)512,848
Registered with DOT2004

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

About Enduro Pipeline Services Inc.

Enduro Pipeline Services Inc. is a synthetic rubber manufacturing company in Tulsa, Oklahoma, in business since 1988. It is owned by Dwane Laymon (Founder). Its estimated annual revenue is about $184.6M, with roughly $17.1M of EBITDA. It has about 124 employees. Its estimated business value is $128.2M (likely range $67.5M–$175.4M).

Common questions

Who owns Enduro Pipeline Services Inc.?
Enduro Pipeline Services Inc. is owned by Dwane Laymon (Founder), according to public sources such as the company's website or filings.
How much revenue does Enduro Pipeline Services Inc. make?
SeeBITDA estimates Enduro Pipeline Services Inc.'s annual revenue at about $184.6M (likely between $121.4M and $210.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Enduro Pipeline Services Inc. worth?
About $128.2M, roughly 7.5× its estimated EBITDA of $17.1M, typical for a synthetic rubber manufacturing company its size. Likely range: $67.5M–$175.4M.
How many employees does Enduro Pipeline Services Inc. have?
About 124, from its 2024 retirement-plan filing.
When was Enduro Pipeline Services Inc. founded?
Enduro Pipeline Services Inc. has been in business since 1988.
Is Enduro Pipeline Services Inc. for sale?
There's no public listing, but it shows signs that often come before a sale: in business 38 years (since 1988); founder still runs it after 38 years; no family successor named on its website.