Vesco, Inc
How we got $18.7M
Based on its 42 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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.
What we know
What they do
VESCO, INC is a valve and equipment service company in Woodward, Oklahoma that provides ASME code fabrication, refurbishing and repair services for the oil and gas industry, along with new and refurbished production equipment, oilfield valves, chemical pumps and control systems.
From the company's website. Industry: Oil and Gas Field Machinery and Equipment Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- M WRIGHT SERVICES, LLC · Weatherford, 76 mi · $119.7M
- GORE NITROGEN PUMPING SERVICE, LLC · Seiling, 35 mi · $109.2M
- POWER RIG, LLC · Woodward, 3 mi · $75.1M
- PLAINVIEW BRINE LLC · Freedom, 28 mi · $55.6M
- DIAMOND CONSTRUCTION CO OF SHATTUCK INC. · Woodward, 1 mi · $50.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| VESCO, INC this business | $31.0M | — |
| COMSTOCK OILFIELD SUPPLY, INC. Woodward · 11 employees | $7.6M | 0.4 mi |
| ULTIMATE SAFETY & SUPPLY LLC Woodward · 5 employees | $3.5M | 1.0 mi |
| JOURNEY OILFIELD EQUIPMENT LLC Woodward · 41 employees | $27.1M | 2.6 mi |
| EXCEL OILFIELD PRODUCTS, LLC Woodward · 15 employees | $10.6M | 4.7 mi |
| STATE LINE SWD, LLC Reydon · 2 employees | $1.6M | 60.6 mi |
The full calculation
| Employees reported to the SBA | 42 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $29.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.9M |
| Estimate: the two combined (geometric mean) | $31.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $3.2M |
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 | $18.7M |
| Multiple for this size and industry | 5.8× |
| Value range | $9.9M – $25.7M |
| Revenue range | $20.4M – $35.4M |
| EBITDA range | $2.1M – $3.7M |
| Industry (NAICS) | Oil and Gas Field Machinery and Equipment Manufacturing (333132) |
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
History & advisors
Advisors
- BankingThe Stock Exchange 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
| The Stock Exchange Bank PPP 2020, PPP 2021 | All 200 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $508K | 42 |
| 1/20/2021 | second | $508K | 42 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Vesco, Inc
Vesco, Inc is an oil and gas field machinery and equipment manufacturing company in Woodward, Oklahoma, in business since 2020. Its estimated annual revenue is about $31.0M, with roughly $3.2M of EBITDA. It has about 42 employees. Its estimated business value is $18.7M (likely range $9.9M–$25.7M).
Common questions
- Who owns Vesco, Inc?
- The owner of Vesco, 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 Vesco, Inc make?
- SeeBITDA estimates Vesco, Inc's annual revenue at about $31.0M (likely between $20.4M and $35.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Vesco, Inc worth?
- About $18.7M, roughly 5.8× its estimated EBITDA of $3.2M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $9.9M–$25.7M.
- How many employees does Vesco, Inc have?
- About 42, as reported on its PPP loan.
- When was Vesco, Inc founded?
- Vesco, Inc has been in business since 2020.