Crude Petroleum Extraction in New Mexico
Revenue benchmarks for crude petroleum extraction businesses operating in New Mexico.
#4 of 50 states+59.0% vs national avg
Average Revenue
$27.8M
per year
Businesses
73
in New Mexico
Revenue / Employee
$904K
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
3.4
firms per 100K in NM
Total Revenue
$2.0B
all firms in NM
Total Employees
2,247
in NM
How New Mexico Compares
National Average$17.5M
New Mexico$27.8M
Difference+$10.3M (+59.0%)