Tescorp (thomas Engineering Systems Corp)
- Carl FiddnerSigns company filings · Form 5500 (2023)
How we got $459K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
What they do
Tescorp (Thomas Engineering Systems Corp), based in Tulsa, OK, designs and manufactures vapor recovery systems, instrument air systems and custom compressor solutions, and offers compressor remanufacturing and parts services, serving the oil and gas industry.
From the company's website. Industry: Air and Gas Compressor Manufacturing.
Customers & suppliers
Customers
- Department of the Air Force · federal contracts $85K
- Phillips 66 · named on its website
- Conoco · named on its website
- Western Midstream · named on its website
- USA Compression · named on its website
- Zeeco · named on its website
- Anadarko Petroleum · named on its website
- Occidental Petroleum (Oxy) · named on its website
- Exxon · named on its website
- National Fuel Gas · named on its website
- Hess Corporation · named on its website
- BPX Energy · named on its website
Suppliers & brands
- Atlas Copco · brand it sells or installs
- Quincy · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ONEOK, Inc. · Tulsa, 7 mi · $33.63B
- Helmerich & Payne · Tulsa, 7 mi · $3.75B
- EXPLORER PIPELINE COMPANY · Tulsa, 4 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 4 mi · $467.8M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 7 mi · $326.8M
Employees over time
▲ 120% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 5 | $2.5M |
| 2021 | Form 5500 | 5 | $2.5M |
| 2022 | Form 5500 | 5 | $2.5M |
| 2023 | Form 5500 | 5 | $2.5M |
| 2024 | Form 5500 | 11 | $5.6M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Tescorp (thomas Engineering Systems Corp) this business | $2.4M | — |
| Shermco Industries Inc Tulsa | $2.0M | 0.0 mi |
| PLATINUM MECHANICAL, LLC Tulsa · 134 employees | $49.5M | 0.0 mi |
| Golden 8 Construction Llc Tulsa | $2.4M | 0.0 mi |
| Firetrol Protection Systems Tulsa | $2.0M | 0.1 mi |
| R.L. MCCULLOUGH & ASSOCIATES, INC. Tulsa · 15 employees | $7.0M | 0.1 mi |
| YORK PLUMBING INC Tulsa · 24 employees | $10.6M | 0.1 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 – $875K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Air and Gas Compressor Manufacturing 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 | $720K – $3.9M |
| EBITDA range | $71K – $384K |
| Industry (NAICS) | Air and Gas Compressor Manufacturing (333912) |
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
“For 38 years, TESCORP has been the leader in the design and manufacture of vapor recovery systems and custom compressor solutions as well as offers the most robust midstream offerings in the United States.”
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 Tescorp (thomas Engineering Systems Corp)
Tescorp (thomas Engineering Systems Corp) is an air and gas compressor manufacturing company in Tulsa, Oklahoma, in business since 1997. Its estimated annual revenue is about $2.4M, with roughly $241K of EBITDA. It has about 11 employees. Its estimated business value is $459K (likely range $108K–$875K).
Common questions
- Who owns Tescorp (thomas Engineering Systems Corp)?
- The owner of Tescorp (thomas Engineering Systems Corp) 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 Tescorp (thomas Engineering Systems Corp) make?
- SeeBITDA estimates Tescorp (thomas Engineering Systems Corp)'s annual revenue at about $2.4M (likely between $720K and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tescorp (thomas Engineering Systems Corp) worth?
- About $459K, roughly 1.9× its estimated EBITDA of $241K, typical for a air and gas compressor manufacturing company its size. Likely range: $108K–$875K.
- How many employees does Tescorp (thomas Engineering Systems Corp) have?
- About 11, from its 2024 retirement-plan filing.
- When was Tescorp (thomas Engineering Systems Corp) founded?
- Tescorp (thomas Engineering Systems Corp) has been in business since 1997.