Nexgen Oil Tools Inc Salary

How much does the Nexgen Oil Tools Inc Pay for employees?

As of August 2026, the average annual salary for employees at Nexgen Oil Tools Inc in the United States is $88,898. This translates to an approximate hourly wage of $43. Salaries at Nexgen Oil Tools Inc typically range from $78,302 to $100,307 annually, reflecting the diverse roles and experience levels within the company. Nexgen Oil Tools Inc’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.

How Much Does Nexgen Oil Tools Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Nexgen Oil Tools Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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 Nexgen Oil Tools Inc

Ready for your next career move? Explore current job openings at Nexgen Oil Tools Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Nexgen Oil Tools Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Nexgen Oil Tools Inc’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)
Nexgen Oil Tools Inc
MFG Durable
Triplett Aerospace Inc
GL Automation Inc
Industry Comparison
Our data shows that, on average, compensation at Nexgen Oil Tools Inc is below the average for the U.S. MFG Durable industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Nexgen Oil Tools Inc average annual salary with several similar companies. Nexgen Oil Tools Inc average salary of $88,898 is lower than Triplett Aerospace Inc, which has an average salary of $89,057. It is higher than GL Automation Inc, with their average salary at $87,918. This places Nexgen Oil Tools Inc in a mid-range position among its peers.
See Your True Competitors
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 Nexgen Oil Tools Inc

Considering a career at Nexgen Oil Tools 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.
Career advancement opportunities are present. Moreover, there's a strong culture of teamwork and mutual respect that makes coming to work a pleasant experience. Communication from leadership is formal. The company also offers career advancement paths through certifications and internal promotions. While leadership communicates important updates, day-to-day interaction is minimal.
Great hands-on learning experience. Diversity is valued, and it creates a much richer and more innovative workplace. This company offers competitive pay and a solid benefits package. Communication can be inconsistent between shifts. This manufacturing organization demonstrates how to run world-class operations while prioritizing people. The company promotes a culture where employee safety and prof...
I like the structured routine. Coworkers are friendly and always willing to help. Tasks are clearly defined, which helps keep things efficient, there is opportunity for creativity or input. Their commitment to lean principles, efficiency, and continuous improvement sets a high standard.

Nexgen Oil Tools Inc Overview

Website
www.nexgenoiltools.com
Founded In
2015
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
8114 W Little York Rd Jersey Village Texas TX 77040
Revenue
<$5 Million
Phone Number
+1 8006732857
Social Media
About Nexgen Oil Tools Inc
Nexgen Oil Tools is a full service tool company providing onsite technical support for drilling, plug & perf and workover operations. With our magnesium based alloy tools we have been able to crack the code in controlling the dissolve rate of modern degradable down hole tools.

What Benefits Does Nexgen Oil Tools Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Nexgen Oil Tools 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 Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Nexgen Oil Tools Inc.
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 Nexgen Oil Tools Inc, 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 Nexgen Oil Tools Inc 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 Nexgen Oil Tools Inc

1. What is the estimated average total compensation at Nexgen Oil Tools Inc?

Salary.com estimates that the average total compensation package at Nexgen Oil Tools Inc, which can include base salary, potential bonuses, and benefits, is around $88,898 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Nexgen Oil Tools Inc pay compared to Triplett Aerospace Inc?

The average annual salary at Nexgen Oil Tools Inc is $88,898, or an hourly wage of $43, in comparison to Triplett Aerospace Inc which pays $89,057 per year or $43 per hour.

3. Do salaries differ significantly between departments at Nexgen Oil Tools Inc?

Yes, salaries often differ between departments at Nexgen Oil Tools Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Nexgen Oil Tools Inc?

Salary progression from an entry-level to a senior role at Nexgen Oil Tools Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Nexgen Oil Tools Inc in Houston is fair given the local cost of living?

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

6. Are promotions at Nexgen Oil Tools Inc usually accompanied by a significant salary increase?

Yes, promotions at Nexgen Oil Tools Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.