SeeBITDAOklahoma

Summit ESP

Construction
  • 835 W 41st St S, Tulsa, OK
  • Since 2011
  • NAICS 23
Estimated valueLow confidence
$459K
$108Klikely range$877K
About 1.9× its yearly profit, typical for a company this size in its industry.
Revenue
$2.4M
a year
Profit (EBITDA)
$242K
10% of revenue
Employees
—
not reported
Leadership
Greg Schneider
vice president Artificial Lift · source · confirmed by 2 sources
Unlikely to sell soon

How we got $459K

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

A typical construction business in Oklahoma$2.4M
Revenue$2.4M
× 10% profit margin$242K
× 1.9 sale multiple = value$459K

· Own this business? Correct these figures

What we know

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

Signs of a sale Unlikely to sell soon

  • In business 15 years (since 2011)

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

What they do

Summit ESP, based in Tulsa, OK, is described on the pages as a Halliburton ESP (electric submersible pump) business. The pages on Halliburton's site describe its Summit ESP electric submersible pump systems for maximizing production.

Products & services
Electric submersible pumpsSummit ESP electric submersible pump systemsSpyGlass ESP pump-sizing softwareTrueSync hybrid permanent magnet motorsHydro-Helical gas separatorSlugger gas separatorTriton downhole ESP gaugesSandRight solids fallback preventerTiger Shark electric submersible pumpsDefender sealsCorsair motorsDuraHard coatings
Markets served
Artificial liftPermianSAGD wells

From the company's website. Industry: Construction.

Customers & suppliers

Suppliers & brands

  • Halliburton · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Summit ESP
this business
$2.4M$242K—
Heritage Cast Iron USA
Tulsa
$2.0M$252K0.2 mi
GABLE'S EXCAVATING, INC.
Tulsa · 34 employees
$12.9M$1.2M0.2 mi
Advanced Communications & Electric
Tulsa
$1.9M$242K0.2 mi
PHOS GROUP, LLC
Tulsa · 16 employees
$6.2M$654K0.3 mi
Phōs
Tulsa
$2.0M$252K0.3 mi
AIR DUCT, INC.
Tulsa · 6 employees
$2.0M$231K0.5 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 industry1.9×
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

Public records

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

About Summit ESP

Summit ESP is a construction company in Tulsa, Oklahoma, in business since 2011. It is owned by Greg Schneider (vice president Artificial Lift). Its estimated annual revenue is about $2.4M, with roughly $242K of EBITDA. Its estimated business value is $459K (likely range $108K–$877K).

Common questions

Who owns Summit ESP?
Summit ESP is owned by Greg Schneider (vice president Artificial Lift), according to public sources such as the company's website or filings.
How much revenue does Summit ESP make?
SeeBITDA estimates Summit ESP'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 Summit ESP worth?
About $459K, roughly 1.9× its estimated EBITDA of $242K, typical for a construction company its size. Likely range: $108K–$877K.
When was Summit ESP founded?
Summit ESP has been in business since 2011.