IPS

What IPS does

IPS, Inc. (Ingram Professional Services) is a privately held oilfield and commercial infrastructure contractor founded in 2012 by Philip Ingram and headquartered in Hobbs, New Mexico. The firm provides a turnkey suite of services — oil and gas electrical construction and maintenance, automation and control systems (PLC programming, SCADA, well/facility control), fiber optic installation, power line construction, and hydro excavation — to upstream and midstream oil and gas operators across Southeast New Mexico and the Permian Basin from three offices in Hobbs NM, Loving NM, and Midland TX. IPS also runs a Commercial Electrical Contractor service line for schools, restaurants, retail, banks, airports, police stations, and other government facilities.

The underlying technology stack combines conventional electrical and fiber infrastructure work with multi-vendor industrial automation expertise (Honeywell DCS, Rockwell Automation, Idec) and non-destructive hydro excavation equipment. The company maintains oilfield safety prequalifications through Avetta, Veriforce, IADC, and ISNetworld, and holds industry association memberships with NMOGA, Basin United, PEC, and NCMS. Leadership comprises oilfield veterans with 25+ years of experience, including a COO who transitioned from law enforcement, a VP of Business Development promoted from within, and certified field automation and powerline managers across each office.

IPS operates a project-based, RFP-driven revenue model. Pricing is custom for each engagement, project timelines span three months to multi-year contracts, and customer acquisition is led by field sales representatives at each of the three offices. The customer base is concentrated in Permian Basin oil and gas upstream and midstream operators, supplemented by commercial and government clients. The firm has grown to 150+ employees since 2012 and continues to add service lines and geographic coverage, with the most recent major move being the 2021 launch of the Midland, TX office to extend Permian Basin reach.

Name

IPS

Legal name

IPS, Inc.

Website

https://ipsaecorp.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

IPS, Inc. is a privately held oilfield infrastructure contractor providing electrical construction, automation (PLC/SCADA), fiber optics, power line construction, and hydro excavation services to upstream and midstream operators across Southeast New Mexico and the Permian Basin from offices in Hobbs, Loving, and Midland.

Ownership category

akta.pro rank

Product category

Oilfield Electrical and Infrastructure Services

NAICS

Power and Communication Line and Related Structures Construction (237130), Electric Power Transmission, Control, and Distribution (22112)

SIC

Oil & Gas Field Services, Nec (1389), Electric Services (4911)

akta.pro primary industry

Turnkey distribution buildouts (feeders, reclosers, capacitor banks, line extensions) (EUADAKAK)

Keywords

• Oilfield electrical services
• Automation and SCADA systems
• Hydro excavation services
• Power line construction
• Fiber optic installation

Headquarters

HQ city

Hobbs

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Electrical Services: Project-based electrical construction, maintenance, and troubleshooting services for oil and gas facilities including industrial and commercial building electrical work, distribution systems, and high/low voltage wiring
2. Automation Services: Automation and control system installation, PLC programming, SCADA implementation, and custody transfer measurement services for oil and gas operations
3. Power Line Construction: Construction, maintenance, and emergency response services for power lines and distribution systems including transformer replacement, live-line maintenance, and storm restoration
4. Hydro Excavation Services: Non-destructive excavation services using pressurized water and vacuum technology for pipeline construction, utility location, and trenching applications
5. Fiber Optics Installation and Maintenance: Fiber optic infrastructure installation and ongoing maintenance for oilfield communications and data transmission
6. Commercial Electrical Services: Electrical services for commercial projects including schools, restaurants, retail, banks, airports, police stations, and credit unions

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

IPS provides electrical construction, maintenance, and troubleshooting services; automation solutions including PLC programming and SCADA systems; fiber optic installation and maintenance; turnkey power line construction and live-line maintenance; and non-destructive hydro excavation services to oil and gas upstream and midstream operators in Southeast New Mexico and the Permian Basin. The company also delivers commercial electrical contracting for schools, restaurants, retail, banks, and government facilities. Services are delivered as turnkey projects through a Request for Proposal process with project timelines ranging from 3 months to 1 year.

Product overview

IPS (Ingram Professional Services) is a services-based company offering five interconnected oilfield service lines: Oil & Gas Electrical Services (facility electrical construction and maintenance), Automation Solutions (PLC/SCADA systems using Honeywell, Rockwell Automation, and Idec platforms), Fiber Optics (high-speed data infrastructure), Power Line Construction (turnkey powerline services), and Hydro Excavation (non-destructive precision digging). IPS also provides Commercial Electrical Contractor services for non-oilfield commercial projects. The company operates across Southeast New Mexico and the Permian Basin from offices in Hobbs, NM, Loving, NM, and Midland, TX.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil & Gas Electrical Services Comprehensive electrical construction, maintenance, and troubleshooting services for oilfield facilities, including industrial and commercial building electrical work, distribution systems, high and low voltage wiring, motor controls, and grounding systems, designed for upstream and midstream oil and gas operators.
• Automation Solutions Advanced automation and control solutions for oil and gas operations, including PLC programming, SCADA systems, well/facility control, alarm monitoring, process safety control systems, and predictive maintenance programs using platforms from Honeywell, Rockwell Automation, and Idec.
• Fiber Optics State-of-the-art fiber optic installation and maintenance services for oilfield operations, enabling high-speed and reliable data transmission for connected and data-driven precision operations across upstream and midstream facilities.
• Power Line Construction Turnkey powerline construction and maintenance services including new construction, system rebuilds, pole change-outs, voltage conversions, live-line maintenance, transformer replacement, underground high-voltage installation, and emergency storm restoration for oil and gas operators and distribution systems.
• Hydro Excavation Non-destructive hydro excavation services using pressurized water and vacuum to unearth soil with minimal line strikes, applicable for pipeline construction, utility location, tank cleaning, trenching, and excavation in hazardous or sensitive areas.
• Commercial Electrical Contractor Electrical services for commercial and industrial projects including new construction, electrical service, generator repairs, and security lighting for schools, restaurants, retail stores, banks, airports, police stations, and government facilities.

Quantifiable outcome

• 20% Reduced Downtime - ensuring continuous production
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered minor.

• AvettaminorOthersAvetta provides contractor safety management and compliance verification services. IPS maintains Avetta certification as part of their safety program compliance.
• VeriforceminorOthersVeriforce provides safety and compliance verification for contractors. IPS holds Veriforce certification as part of their safety program.
• IADC (International Association of Drilling Contractors)minorOthersIADC is the trade association for drilling contractors worldwide. IPS maintains IADC certification for safety and industry standards compliance.
• ISN (ISNetworld)minorOthersISN provides contractor safety management and verification services. IPS holds ISN certification for contractor safety compliance.
• Basin UnitedminorOthersBasin United is a regional industry association in the Permian Basin. IPS is a member demonstrating commitment to regional industry standards and community involvement.
• NMOGA (New Mexico Oil and Gas Association)minorOthersNMOGA is the state trade association for oil and gas companies in New Mexico. COO Donnie Graham is a member of NMOGA.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• MasTec: MasTec is a large, diversified infrastructure construction company with major operations in oil & gas pipelines, power delivery, and communications. It is comparable to IPS in the oil & gas electrical and power line work it performs, while operating at a national scale across multiple end markets.
• EMCOR Group: EMCOR is a large publicly traded provider of electrical and mechanical construction, facilities, and energy services across commercial, industrial, and utility markets. It is comparable to IPS in electrical construction and facility services, with significantly greater scale and end-market diversification.
• Quanta Services: Quanta Services is the largest pure-play infrastructure services firm in North America, providing electric power, oil & gas, and communications construction including power line, automation, and fiber. Comparable to IPS in oil & gas electrical, power line, and fiber optic services, but with vastly broader geographic and end-market diversification.

Direct peers

• MYR Group: MYR Group is a publicly traded electrical construction specialist focused on transmission, distribution, and commercial/industrial electrical work, including power line construction and substation builds. It is directly comparable to IPS in its power line construction and electrical contracting capabilities, though at significantly larger scale and national scope.
• Primoris Services Corporation: Primoris provides construction and infrastructure services across utilities, energy, and pipelines, including power line, electrical, and oil & gas services. It is comparable to IPS as a direct services peer in power line construction and oil & gas electrical, with similar multi-service bundling across adjacent infrastructure categories.
• Forbes Bros Group: Forbes Bros is a privately held, family-owned infrastructure services firm specializing in power line construction, maintenance, and electrical contracting. It is comparable to IPS in its power line and electrical services focus, with similar founder-led, multi-generational ownership structure.
• Strike, LLC: Strike is a privately held pipeline, process, and energy infrastructure services firm with deep oil & gas construction, automation, and electrical exposure in Texas and the Gulf Coast. It is highly comparable to IPS in its integrated oil & gas services model, including electrical, automation, and pipeline infrastructure work.
• Dynamic Industries: Dynamic Industries is a privately held industrial services and construction firm serving oil & gas, petrochemical, and power customers with electrical, instrumentation, and fabrication services. It is directly comparable to IPS as a mid-sized oil & gas electrical, automation, and construction services peer.
• IES Holdings: IES Holdings provides electrical and mechanical design, installation, and service across commercial, industrial, and infrastructure end markets, including oil & gas-adjacent facilities. It is comparable to IPS in its electrical contracting and integration model, though IES operates nationally and across multiple verticals.

Regional players

• Pike Electric: Pike Electric is a leading provider of energy infrastructure solutions including power line construction, maintenance, and storm response across the U.S. Southeast and Midwest. It is comparable to IPS in power line construction, electrical services, and storm restoration capabilities, though with a different geographic focus.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ipsaecorp
• LinkedInlinkedin.com/company/ingram-professional-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IPS