Drillworx Directional Drilling
How we got $459K
Based on typical figures for its industry (2022 Economic Census), not its own records.
Employees over time
▲ 68% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 66 | $20.7M |
| 2021 | Form 5500 | 77 | $24.1M |
| 2022 | Form 5500 | 92 | $28.8M |
| 2023 | Form 5500 | 102 | $32.0M |
| 2024 | Form 5500 | 112 | $35.1M |
| 2025 | Form 5500 | 111 | $34.8M |
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
What they do
Drillworx is a family-owned utility construction business in the Oklahoma City area offering directional drilling, trenching and related underground and overhead utility work. It serves customers in Oklahoma and neighbouring states.
From the company's website. Industry: Construction.
Customers & suppliers
Suppliers & brands
- Ditch Witch · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- B & H CONSTRUCTION, LLC · Norman, 19 mi · $211.5M
- SILVER STAR CONSTRUCTION CO, INC · Moore, 14 mi · $158.1M
- FUSION INDUSTRIES, LLC · Oklahoma City, 18 mi · $151.9M
- ALLEN CONTRACTING, INC. · Oklahoma City, 17 mi · $110.1M
- ACTION SAFETY SUPPLY CO LLC · Oklahoma City, 23 mi · $90.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Drillworx Directional Drilling this business | $2.4M | — |
| CADENCE HOMES LLC Choctaw · 3 employees | $3.0M | 0.5 mi |
| A&D DOZER AND EXCAVATION LLC Choctaw · 2 employees | $581K | 0.6 mi |
| MAJOR PLUMBING SEWER & DRAIN LLC Choctaw · 4 employees | $1.1M | 1.0 mi |
| DAVIDSON CONCRETE AND CONSTRUCTION INC Newalla · 12 employees | $5.4M | 1.5 mi |
| DAVIDSON CONCRETE AND CONSTRUTION, INC. Newalla · 11 employees | $5.1M | 1.5 mi |
| MIDWEST WATERPROOFING & RESTORATION INC. Newalla · 6 employees | $1.7M | 1.5 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 | $459K |
| Multiple for this size and industry | 1.9× |
| Value range | $108K – $877K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Construction businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (10%). Treat these as a rough guide.
| Revenue range | $718K – $3.9M |
| EBITDA range | $71K – $385K |
| Industry (NAICS) | Construction (23) |
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
“Drillworx is a family-owned business with over 30 years of experience, specializing in top-tier utility construction services.”
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 Drillworx Directional Drilling
Drillworx Directional Drilling is a family-owned construction company in Oklahoma City, Oklahoma, in business since 2014. Its estimated annual revenue is about $2.4M, with roughly $242K of EBITDA. It has about 111 employees. Its estimated business value is $459K (likely range $108K–$877K).
Common questions
- Who owns Drillworx Directional Drilling?
- The owner of Drillworx Directional Drilling 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 Drillworx Directional Drilling make?
- SeeBITDA estimates Drillworx Directional Drilling's annual revenue at about $2.4M (likely between $718K and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Drillworx Directional Drilling worth?
- About $459K, roughly 1.9× its estimated EBITDA of $242K, typical for a construction company its size. Likely range: $108K–$877K.
- How many employees does Drillworx Directional Drilling have?
- About 111, from its 2025 retirement-plan filing.
- When was Drillworx Directional Drilling founded?
- Drillworx Directional Drilling has been in business since 2014.