SeeBITDAOklahoma

Pipeglove LLC

Oil & gas
  • 9535 E 51ST ST, Tulsa, OK
  • Since 2010
Estimated valueLow confidence
$21.1M
$11.1Mlikely range$28.9M
About 4.4× its yearly profit, typical for a company this size in its industry.
Revenue
$21.1M
a year
Profit (EBITDA)
$4.8M
23% of revenue
Employees
61
reported in 2020
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon
pipeglove.comLinkedIn
Contact
Find the owner on RocketReach Request removal or correction

How we got $21.1M

Based on its 61 employees and its payroll, both reported for PPP in 2020 and brought up to date.

61 employees × $444K each$27.1M
PPP payroll ÷ payroll's usual share of revenue$12.6M
Shown toward the top of its range×1.14
Revenue$21.1M
× 23% profit margin$4.8M
× 4.4 sale multiple = value$21.1M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found
Trucking registration (FMCSA)

Signs of a sale Unlikely to sell soon

  • In business 16 years (since 2010)

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

What they do

PipeGlove LLC, based in Tulsa, OK, makes reusable soft-sided pipe insulation covers. Its pages say it focuses on delivering insulation at speed and scale across the energy landscape.

Products & services
Reusable pipe insulationInsulation pipe coversBack Pressure Regulators CoversUpstream Oil Production Covers3″ Insulation Pipe Covers4″ Insulation Pipe Covers6″ Insulation Pipe CoversGrooved 90 Boot CoversLittle Joe Gas Regulator CoversPipeGlove's Kimray Back Pressure Regulator CoversPipeGlove's Rosemount Wireless CoversPipeGlove's Steam Trap Cover
Markets served
EnergyUpstream oil production
Service area
The Bakken
Certifications
Patented Design

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

Customers & suppliers

Suppliers & brands

  • Kimray · brand it sells or installs
  • Rosemount · brand it sells or installs

Estimated value over time

▲ 9% since 2020
$0$12.1M$24.3M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
PIPEGLOVE LLC
this business
$21.1M$4.8M—
CRS Proppants
Tulsa
$1.5M$499K0.1 mi
S.U.N. ENGINEERING, INC
Tulsa · 11 employees
$4.6M$1.3M0.3 mi
TULSA GAS TECHNOLOGIES, INC
Tulsa · 22 employees
$10.0M$2.5M0.4 mi
TK DRILLING CORP.
Tulsa · 8 employees
$3.1M$936K0.9 mi
Zeeco World Headquarters
Tulsa
$1.5M$499K1.0 mi
EDWARD A EMERY TRUST
Tulsa · 5 employees
$2.3M$686K1.1 mi

The full calculation

Employees reported to the SBA61
Revenue from headcount (employees × revenue per employee for companies this size)$27.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$12.6M
Estimate: the two combined (geometric mean)$21.1M
EBITDA margin (industry, adjusted for size)23%
EBITDA = revenue × margin$4.8M

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$21.1M
Multiple for this size and industry4.4×
Value range$11.1M – $28.9M
Revenue range$13.9M – $24.1M
EBITDA range$3.2M – $5.5M
Industry (NAICS)Support Activities for Oil and Gas Operations (213112)

Low confidence: the employee-based and payroll-based estimates differ by more than 2×.

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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

People & advisors

Advisors

  • BankingSecurity BankPPP / SBA lender

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.

Banking relationships

Security Bank
PPP 2020, PPP 2021
All 617 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$357K$362K61Security Bank
1/23/2021second$357K$180K21Security Bank

Public records

LinkedIn company page
Size as the company lists it
Employees—
DOT motor carrier
USDOT 3270945
Trucks (power units)9
Drivers10
Miles (2019)125,000
Registered with DOT2019

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

About Pipeglove LLC

Pipeglove LLC is an oil & gas company in Tulsa, Oklahoma, in business since 2010. Its estimated annual revenue is about $21.1M, with roughly $4.8M of EBITDA. It has about 61 employees. Its estimated business value is $21.1M (likely range $11.1M–$28.9M).

Common questions

Who owns Pipeglove LLC?
The owner of Pipeglove LLC 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 Pipeglove LLC make?
SeeBITDA estimates Pipeglove LLC's annual revenue at about $21.1M (likely between $13.9M and $24.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Pipeglove LLC worth?
About $21.1M, roughly 4.4× its estimated EBITDA of $4.8M, typical for a oil & gas company its size. Likely range: $11.1M–$28.9M.
How many employees does Pipeglove LLC have?
About 61, as reported on its PPP loan.
When was Pipeglove LLC founded?
Pipeglove LLC has been in business since 2010.