Tulsa Gas Technologies, Inc
How we got $10.8M
Based on its 22 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 25 years (since 2001)
From public records and the company's website, not a statement that it's for sale.
What they do
Tulsa Gas Technologies sells, services and repairs compressed natural gas (CNG) dispensers and parts, and provides virtual pipeline services and mobile pressure reduction systems for gas companies, industrial customers and other markets.
From the company's website. Industry: Oil & gas.
Customers & suppliers
Suppliers & brands
- Impco Automotive · brand it sells or installs
- Krause · brand it sells or installs
- Ingersoll-Rand · brand it sells or installs
- Bauer · brand it sells or installs
- Ariel · brand it sells or installs
- Arrow · brand it sells or installs
- Parker · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- AVP METRO PETROLEUM LLC · Tulsa, 3 mi · $777.0M
- SGII, INC. · Sapulpa, 18 mi · $608.3M
- LAFERRY'S LP GAS CO · Park Hill, 54 mi · $512.9M
- THE YAFFE COMPANIES INCORPORATED · Muskogee, 37 mi · $509.6M
- W TWO PLUS LLC · Bixby, 12 mi · $496.1M
Estimated value over time
▲ 9% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 36% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 22 | $7.9M |
| 2020 | Form 5500 | 17 | $6.1M |
| 2021 | Form 5500 | 16 | $5.8M |
| 2022 | Form 5500 | 17 | $6.1M |
| 2023 | Form 5500 | 17 | $6.1M |
| 2024 | Form 5500 | 14 | $5.0M |
| 2025 | Form 5500 | 14 | $5.0M |
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 |
|---|---|---|
| TULSA GAS TECHNOLOGIES, INC this business | $10.0M | — |
| S.U.N. ENGINEERING, INC Tulsa · 11 employees | $4.6M | 0.3 mi |
| PIPEGLOVE LLC Tulsa · 61 employees | $21.1M | 0.4 mi |
| CRS Proppants Tulsa | $1.5M | 0.5 mi |
| Zeeco World Headquarters Tulsa | $1.5M | 0.6 mi |
| TK DRILLING CORP. Tulsa · 8 employees | $3.1M | 1.2 mi |
| C & S LABORATORIES INC Tulsa · 6 employees | $2.5M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.9M |
| Estimate: the two combined (geometric mean) | $10.0M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.5M |
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 | $10.8M |
| Multiple for this size and industry | 4.4× |
| Value range | $5.7M – $14.8M |
| Revenue range | $6.6M – $11.5M |
| EBITDA range | $1.6M – $2.8M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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
- BankingProsperity 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
| Prosperity Bank PPP 2020, PPP 2021 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $225K | 22 |
| 2/20/2021 | second | $262K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tulsa Gas Technologies, Inc
Tulsa Gas Technologies, Inc is an oil & gas company in Tulsa, Oklahoma, in business since 2001. Its estimated annual revenue is about $10.0M, with roughly $2.5M of EBITDA. It has about 14 employees. Its estimated business value is $10.8M (likely range $5.7M–$14.8M).
Common questions
- Who owns Tulsa Gas Technologies, Inc?
- The owner of Tulsa Gas Technologies, Inc 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 Tulsa Gas Technologies, Inc make?
- SeeBITDA estimates Tulsa Gas Technologies, Inc's annual revenue at about $10.0M (likely between $6.6M and $11.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tulsa Gas Technologies, Inc worth?
- About $10.8M, roughly 4.4× its estimated EBITDA of $2.5M, typical for a oil & gas company its size. Likely range: $5.7M–$14.8M.
- How many employees does Tulsa Gas Technologies, Inc have?
- About 14, from its 2025 retirement-plan filing.
- When was Tulsa Gas Technologies, Inc founded?
- Tulsa Gas Technologies, Inc has been in business since 2001.