Support Activities for Oil and Gas Operations in New Mexico
Revenue benchmarks for support activities for oil and gas operations businesses operating in New Mexico.
#16 of 50 states-36.1% vs national avg
Average Revenue
$8.8M
per year
Businesses
362
in New Mexico
Revenue / Employee
$508K
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
17.1
firms per 100K in NM
Total Revenue
$3.2B
all firms in NM
Total Employees
6,258
in NM
How New Mexico Compares
National Average$13.7M
New Mexico$8.8M
Difference$5.0M (-36.1%)