Newfield Exploration Co Salary

How much does the Newfield Exploration Co Pay for employees?

As of October 2026, the average annual salary for employees at Newfield Exploration Co in the United States is $125,321. This translates to an approximate hourly wage of $60. Salaries at Newfield Exploration Co typically range from $110,201 to $141,705 annually, reflecting the diverse roles and experience levels within the company. Newfield Exploration Co’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Newfield Exploration Co

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Is Newfield Exploration Co’s Pay Competitive? Salary Benchmarking Analysis

How does Newfield Exploration Co’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Newfield Exploration Co
Energy & Utilities
Crescent Energy
Diamond Refractory Services LLC
Industry Comparison
Our data shows that, on average, compensation at Newfield Exploration Co is below the average for the U.S. Energy & Utilities industry by approximately 4%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Newfield Exploration Co average annual salary with several similar companies. Newfield Exploration Co average salary of $125,321 is lower than Crescent Energy, which has an average salary of $127,135. It is lower than Diamond Refractory Services LLC, with their average salary at $127,262. This places Newfield Exploration Co in a developing position among its peers.
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The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Newfield Exploration Co

Considering a career at Newfield Exploration Co? 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.
These gestures go a long way in showing appreciation. The company invests in advanced technologies to enhance efficiency and reduce environmental impact. The culture promotes teamwork, innovation, and respect among diverse employees. It’s the kind of job that offers peace of mind, if not excitement. However, energy around change and innovation is lacking.
The essential nature of the services provided by creates a profound sense of purpose. Leadership recognizes that both field and office roles are essential to success. The company's investment in grid modernization makes our work technically engaging. Everyone is committed to maintaining high standards of service and safety. Workload increases seasonally, causing occasional stress. The culture fost...
Flexible work arrangements enable employees to balance personal and professional responsibilities. Communication between departments sometimes inconsistent. Emergency response systems are well-designed, ensuring we can restore service safely and efficiently. Overall, a stable, respectful, and rewarding workplace environment.

Newfield Exploration Co Overview

Website
www.newfield.com
Founded In
1988
Employees
500 - 1,000 employees
Industry
Energy & Utilities
Headquarter Address
24 Waterway Ave The Woodlands Texas TX 77380
Revenue
$1B - $3B
Phone Number
+1 2812105100
Social Media
About Newfield Exploration Co
Founded in 1988, Newfield Exploration Company is a petroleum, natural gas, and natural gas liquids exploration and production company headquartered in Houston, Texas.

What Benefits Does Newfield Exploration Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Newfield Exploration Co 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 Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Newfield Exploration Co.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). Major city, energy/medical hub, housing generally affordable for size, but varies. METRO bus/rail. When planning your budget based on a salary from Newfield Exploration Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Newfield Exploration Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRO Q Card monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Newfield Exploration Co

1. What is the average salary for employees at Newfield Exploration Co?

The average annual total compensation for employees at Newfield Exploration Co is approximately $125,321. However, this is an aggregate figure, actual salaries can range significantly, typically from $110,201 to $141,705, depending on factors like job role, experience, and location.

2. How much does Newfield Exploration Co pay compared to Crescent Energy?

The average annual salary at Newfield Exploration Co is $125,321, or an hourly wage of $60, in comparison to Crescent Energy which pays $127,135 per year or $61 per hour.

3. How does having a professional certification impact salary for relevant roles at Newfield Exploration Co?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Newfield Exploration Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Newfield Exploration Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Houston?

While some companies offer formal COLA, many, including potentially Newfield Exploration Co, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Newfield Exploration Co?

Most companies, likely including Newfield Exploration Co, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.