Magellan Resources Inc Salary

As of August 2026, the average hourly salary for employees at Magellan Resources Inc in the United States is $47. This translates to an approximate annual wage of $97,664. Salaries at Magellan Resources Inc typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magellan Resources Inc

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Is Magellan Resources Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magellan Resources Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Dosimetry Resources International Inc $48
+1.4%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Westmoreland Resources Inc $52
+10.0%
Reflects structural premiums typical of Westmoreland Resources Inc's large-cap national operations.
Sebastian Resources USA Inc $53
+12.3%
Influenced by prevailing union wage agreements specific to Sebastian Resources USA Inc's sector.
towle resources Inc $46
-2.8%
Suggests towle resources Inc utilizes a highly similar base-plus-benefits compensation model.
Energy & Utilities Industry $63
+33.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Magellan Resources Inc

Considering a career at Magellan Resources Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Transparent management communication builds trust and engagement. Recognition programs motivate and reward performance. While the company does its job well, there’s not a strong culture of recognition. It's gratifying to work for an organization that truly values both its mission and its people.
I’ve always felt supported by my team and managers. The projects are large-scale and impactful. I feel proud to be part of a company driving the future of clean and reliable energy. Career progression is possible but influenced by seniority. Regular training, top-tier equipment, and a culture of accountability ensure a secure workplace. If you like staying under the radar, it works fine.
Great place for learning—senior staff are always willing to teach. There’s some social interaction, and most communication is formal. I felt ready for the field thanks to a well-designed onboarding experience. Leadership actively promotes career development through comprehensive training and clear advancement opportunities. Minimal day-to-day changes.

Magellan Resources Inc Overview

Website
Data pending, update soon.
Founded In
2008
Employees
50 - 100 employees
Industry
Energy & Utilities
Headquarter Address
4758 Youngtree Ct Fort Worth Texas TX 76123
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Magellan Resources Inc
Magellan Resources Inc is a company that operates in the Mining & Metals industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Fort Worth, Texas.

What Benefits Does Magellan Resources Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magellan Resources Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Fort Worth?

Understanding the cost of living near Fort Worth is key to truly evaluating a salary offer or your current compensation at Magellan Resources Inc.
Fort Worth's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 4.6% more than TX average). 'Cowtown', Dallas's sister city, more affordable housing. Trinity Metro. When planning your budget based on a salary from Magellan Resources Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Magellan Resources Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $80 (Trinity Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,470 - $3,810+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magellan Resources Inc

1. What is the typical salary range (low to high) for most roles at Magellan Resources Inc?

The typical salary range for most roles at Magellan Resources Inc is approximately from $41 to $53 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Magellan Resources Inc pay compared to Dosimetry Resources International Inc?

The average annual salary at Magellan Resources Inc is $97,664, or an hourly wage of $47, in comparison to Dosimetry Resources International Inc which pays $99,035 per year or $48 per hour.

3. How does experience level affect salary at Magellan Resources Inc?

Experience level is a significant factor in determining salary at Magellan Resources Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Magellan Resources Inc in Fort Worth is fair given the local cost of living?

To determine if a salary offer from Magellan Resources Inc in Fort Worth is fair, first compare the gross salary to our data for similar roles at Magellan Resources Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Fort Worth" to understand its purchasing power.

5. Are the salaries listed for Magellan Resources Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Magellan Resources Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.