SeeBITDAOklahoma

Measurement Control Specialists

Estimated valueLow confidence
$1.2M
$309Klikely range$2.5M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$1.5M
a year
Profit (EBITDA)
$490K
34% of revenue
Employees
—
not reported
Leadership
Gary Lucas
Pres · source
Some signs of a sale
  • Sondra Allen
    Signs company filings · Form 5500 (2021)

How we got $1.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical oil & gas business in Oklahoma$1.5M
Revenue$1.5M
× 34% profit margin$490K
× 2.4 sale multiple = value$1.2M

· Own this business? Correct these figures

Employees over time

▼ 6% since 2020
01020202020212022202320241716
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 550017$6.1M$2.1M
2021Form 550015$5.4M$1.8M
2022Form 550016$5.8M$1.9M
2023Form 550016$5.8M$1.9M
2024Form 550016$5.8M$1.9M

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

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

Signs of a sale Some signs of a sale

  • In business 27 years (since 1999)

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

What they do

MCS is an oil and natural gas measurement and automation company that provides equipment, installation, and repairs, based in Elk City, Oklahoma. It serves oil and gas customers in Oklahoma and North Texas and ships around the USA.

Products & services
Oil and natural gas measurementWellhead automationCustom solar power packages and installationCustom enclosures and panelsTank level electronic shut down (ESDs)Coriolis and Mag meter installation and setupOil and water measurementTemperature, pressure, and level transmittersLiquid measurement skidsElectrical conduit, fittings, and junction boxesCustom hook-up kitsSeal rings
Markets served
Oil and natural gas
Service area
OklahomaTexasNorth TexasUSA

From the company's website. Industry: Oil & gas.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Measurement Control Specialists
this business
$1.5M$490K—
LUCAS OIL & GAS SERVICE, INC.
Elk City · 18 employees
$9.0M$2.2M0.0 mi
RED HOT STEAMERS, LLC.
Elk City · 19 employees
$8.3M$2.3M0.1 mi
O-TEX TRAILER & TRUCK SERVICES, LLC
Elk City · 5 employees
$2.4M$723K0.2 mi
CAMROCK LLC
Elk City · 7 employees
$2.1M$634K0.3 mi
B & S STEVENS FLOW SERVICES LLC
Elk City · 1 employees
$390K$154K0.7 mi
JKM VENTURES, INC
Elk City · 12 employees
$5.2M$1.5M0.8 mi

The full calculation

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$1.2M
Multiple for this size and industry2.4×
Value range$309K – $2.5M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Support Activities for Oil and Gas Operations businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (34%). Treat these as a rough guide.

Revenue range$479K – $2.6M
EBITDA range$161K – $857K
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 1999
“We have operated from Elk City Oklahoma since 1999, working with great customers and vendors.”

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.

Public records

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

About Measurement Control Specialists

Measurement Control Specialists is an oil & gas company in Elk City, Oklahoma, in business since 1999. It is owned by Gary Lucas (Pres). Its estimated annual revenue is about $1.5M, with roughly $490K of EBITDA. It has about 16 employees. Its estimated business value is $1.2M (likely range $309K–$2.5M).

Common questions

Who owns Measurement Control Specialists?
Measurement Control Specialists is owned by Gary Lucas (Pres), according to public sources such as the company's website or filings.
How much revenue does Measurement Control Specialists make?
SeeBITDA estimates Measurement Control Specialists's annual revenue at about $1.5M (likely between $479K and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Measurement Control Specialists worth?
About $1.2M, roughly 2.4× its estimated EBITDA of $490K, typical for a oil & gas company its size. Likely range: $309K–$2.5M.
How many employees does Measurement Control Specialists have?
About 16, from its 2024 retirement-plan filing.
When was Measurement Control Specialists founded?
Measurement Control Specialists has been in business since 1999.