Gastech Engineering LLC
How we got $56.5M
Based on its 92 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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.
Employees over time
▲ 29% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 92 | $51.3M |
| 2020 | Form 5500 | 74 | $41.3M |
| 2021 | Form 5500 | 76 | $42.4M |
| 2022 | Form 5500 | 79 | $44.1M |
| 2023 | Form 5500 | 88 | $49.1M |
| 2024 | Form 5500 | 119 | $66.4M |
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
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
GasTech Engineering LLC is an engineer-to-order company in Sapulpa, Oklahoma that designs, fabricates, and services process engineering equipment, mainly for oil and gas processing. It also offers spare parts and service for its own built equipment.
From the company's website. Industry: Oil and Gas Field Machinery and Equipment Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ONEOK, Inc. · Tulsa, 11 mi · $33.63B
- Helmerich & Payne · Tulsa, 10 mi · $3.75B
- EXPLORER PIPELINE COMPANY · Tulsa, 9 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 9 mi · $468.0M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 11 mi · $326.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GASTECH ENGINEERING LLC this business | $79.8M | — |
| SAWYER MANUFACTURING COMPANY Tulsa · 51 employees | $46.2M | 2.2 mi |
| B & J LAWN AND LANDSCAPE, LLC Sapulpa · 4 employees | $3.9M | 3.2 mi |
| PROCESS MANUFACTURING CO., INC. Tulsa · 142 employees | $100.7M | 3.8 mi |
| INDUSTRIAL FABRICATION SERVICES, LLC Tulsa · 18 employees | $10.8M | 4.5 mi |
| BRONCO MANUFACTURING, LLC Tulsa · 42 employees | $33.1M | 5.7 mi |
| TRIPLE C GRADING & EXCAVATING LLC Sapulpa · 4 employees | $1.7M | 6.0 mi |
Ranges & sources
| Revenue range | $52.5M – $90.9M |
| EBITDA range | $5.5M – $9.5M |
| Industry (NAICS) | Oil and Gas Field Machinery and Equipment Manufacturing (333132) |
| Value range | $29.7M – $77.3M |
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
“GasTech has been dedicated to helping energy clients around the globe achieve their goals for more than 30 years; for every client, on every project.”
Advisors
- BankingProsperity Bank, American Bank and Trust CompanyPPP / 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
| American Bank and Trust Company 7(a) 2021 | All 117 borrowers → |
| Prosperity Bank PPP 2020, PPP 2021 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $1.5M | 92 |
| 1/28/2021 | second | $1.6M | 83 |
Public records
| May 2021 | 7(a) | $4.5M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gastech Engineering LLC
Gastech Engineering LLC is an oil and gas field machinery and equipment manufacturing company in Sapulpa, Oklahoma, in business since 1998. Its estimated annual revenue is about $79.8M, with roughly $8.3M of EBITDA. It has about 119 employees. Its estimated business value is $56.5M (likely range $29.7M–$77.3M).
Common questions
- Who owns Gastech Engineering LLC?
- The owner of Gastech Engineering 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 Gastech Engineering LLC make?
- SeeBITDA estimates Gastech Engineering LLC's annual revenue at about $79.8M (likely between $52.5M and $90.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gastech Engineering LLC worth?
- About $56.5M, roughly 6.8× its estimated EBITDA of $8.3M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $29.7M–$77.3M.
- How many employees does Gastech Engineering LLC have?
- About 119, from its 2024 retirement-plan filing.
- When was Gastech Engineering LLC founded?
- Gastech Engineering LLC has been in business since 1998.