Watkins Construction
How we got $576K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 27 years (since 1999)
- Founder still runs it after 27 years
From public records and the company's website, not a statement that it's for sale.
What they do
Watkins Construction is an energy and infrastructure contractor that builds pipelines, energy facilities, solar sites and data center sites using company-owned equipment and its own crews. It serves energy operators across the South Central U.S.
From the company's website. Industry: Oil and Gas Pipeline and Related Structures Construction.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- GULFPORT ENERGY CORPORATION · Oklahoma City, 57 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 56 mi · $1.18B
- CANVAS ENERGY LLC · Oklahoma City, 56 mi · $333.4M
- LEGEND ENERGY SERVICES, LLC · Oklahoma City, 63 mi · $228.9M
- COMANCHE RESOURCES COMPANY · Oklahoma City, 62 mi · $211.3M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Watkins Construction this business | $2.0M | — |
| Thompson Lawn Care Enid | $2.4M | 0.2 mi |
| CONRADY ELECTRIC OKLAHOMA LLC Enid · 3 employees | $877K | 0.6 mi |
| Mitchell Ironworks Inc Enid | $2.0M | 1.1 mi |
| SILVER ARC WELDING INC Enid · 50 employees | $21.4M | 1.1 mi |
| Dea's Custom Creations Enid | $2.0M | 1.2 mi |
| STAN'S ASPHALT & CONSTRUCTION, INC. Enid · 10 employees | $4.1M | 1.2 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 | $576K |
| Multiple for this size and industry | 2.3× |
| Value range | $138K – $1.1M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Oil and Gas Pipeline and Related Structures Construction businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.
| Revenue range | $586K – $3.0M |
| EBITDA range | $75K – $387K |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Watkins Construction
Watkins Construction is an oil and gas pipeline and related structures construction company in Enid, Oklahoma, in business since 1999. It is owned by Carmack Watkins (Founder). Its estimated annual revenue is about $2.0M, with roughly $250K of EBITDA. Its estimated business value is $576K (likely range $138K–$1.1M).
Common questions
- Who owns Watkins Construction?
- Watkins Construction is owned by Carmack Watkins (Founder), according to public sources such as the company's website or filings.
- How much revenue does Watkins Construction make?
- SeeBITDA estimates Watkins Construction's annual revenue at about $2.0M (likely between $586K and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Watkins Construction worth?
- About $576K, roughly 2.3× its estimated EBITDA of $250K, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $138K–$1.1M.
- When was Watkins Construction founded?
- Watkins Construction has been in business since 1999.
- Is Watkins Construction for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 27 years (since 1999); founder still runs it after 27 years.