Natural Gas Extraction in New Mexico
Revenue benchmarks for natural gas extraction businesses operating in New Mexico.
#3 of 50 states+52.7% vs national avg
Average Revenue
$45.7M
per year
Businesses
29
in New Mexico
Revenue / Employee
$891K
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.4
firms per 100K in NM
Total Revenue
$1.3B
all firms in NM
Total Employees
1,487
in NM
How New Mexico Compares
National Average$29.9M
New Mexico$45.7M
Difference+$15.8M (+52.7%)