| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Pilios Exploration LLC | $43 |
+1.2%
|
Suggests Pilios Exploration LLC utilizes a highly similar base-plus-benefits compensation model. |
| Sparrowhawk Exploration LLC | $43 |
+0.7%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Damson Exploration Corp | $46 |
+9.9%
|
Driven by niche technical certifications required for Damson Exploration Corp's specialized projects. |
| Vaalco Exploration LLC | $43 |
+1.7%
|
Confirms Vaalco Exploration LLC is a direct competitor vying for the exact same talent pool. |
| Energy & Utilities Industry | $63 |
+48.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$43 / hour
Salary Range: $38 - $48
Shreveport, LA
$43 / hour
Salary Range: $37 - $48
Shreveport, LA
$46 / hour
Salary Range: $41 - $52
New Orleans, LA
$43 / hour
Salary Range: $38 - $48
Baton Rouge, LA
$43 / hour
Salary Range: $38 - $48
Baton Rouge, LA
$43 / hour
Salary Range: $38 - $48
Lafayette, LA
$43 / hour
Salary Range: $38 - $48
Baton Rouge, LA
$44 / hour
Salary Range: $39 - $49
Baton Rouge, LA
$42 / hour
Salary Range: $37 - $48
Arcadia, LA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $750 - $1,150+ | A significant portion of Magnolia Exploration Co salary. Location choices impact this heavily. |
| Utilities (Basic) | $160 - $260 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (SporTran monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $370 - $540 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $300 - $580+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $350 - $640+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,970 - $3,170+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The typical salary range for most roles at Magnolia Exploration Co is approximately from $37 to $48 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.
The average annual salary at Magnolia Exploration Co is $87,907, or an hourly wage of $42, in comparison to Pilios Exploration LLC which pays $88,972 per year or $43 per hour.
Experience level is a significant factor in determining salary at Magnolia Exploration Co, 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.
To determine if a salary offer from Magnolia Exploration Co in Bossier City is fair, first compare the gross salary to our data for similar roles at Magnolia Exploration Co and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Bossier City" to understand its purchasing power.
Salary increases at Magnolia Exploration Co are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.
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