Summit Petro Holdings LLC Salary

How much does the Summit Petro Holdings LLC Pay for employees?

As of August 2026, the average annual salary for employees at Summit Petro Holdings LLC in the United States is $86,873. This translates to an approximate hourly wage of $42. Salaries at Summit Petro Holdings LLC typically range from $76,149 to $98,527 annually, reflecting the diverse roles and experience levels within the company. Summit Petro Holdings LLC’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 accurate does the salary look to you?

Current Job Openings at Summit Petro Holdings LLC

Ready for your next career move? Explore current job openings at Summit Petro Holdings LLC. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Summit Petro Holdings LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Summit Petro Holdings LLC’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
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Summit Petro Holdings LLC
Financial Services
Horizon Line Holdings LLC
Sunbridge Holding Corp
Industry Comparison
Our data shows that, on average, compensation at Summit Petro Holdings LLC is below the average for the U.S. Financial Services industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Summit Petro Holdings LLC average annual salary with several similar companies. Summit Petro Holdings LLC average salary of $86,873 is lower than Horizon Line Holdings LLC, which has an average salary of $105,817. It is lower than Sunbridge Holding Corp, with their average salary at $92,675. This places Summit Petro Holdings LLC in a developing 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 Summit Petro Holdings LLC

Considering a career at Summit Petro Holdings LLC? 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.
The organization stays modern with its tools and fosters a respectful, collaborative atmosphere among all departments. The break room is well-stocked and inviting. Tools and resources are modern and effective. Corporate social responsibility is authentic. The company delivers on predictability.
Charitable matching amplifies personal donations. Most coworkers are friendly but focused on their own tasks. Knowledge sharing happens naturally. Office amenities contribute to daily satisfaction. Collaboration occurs mostly within teams rather than company-wide.
We're always looking for better ways to serve our clients and streamline operations. Technology supports rather than hinders interactions. Supportive team, clear expectations, and meaningful work define this organization. Leaders invest in employee growth. Tasks are repetitive but predictable. It’s been one of the best professional experiences of my career. The company invests in its people for th...
Leadership is visionary, always pushing for innovation while maintaining stability. Employees are encouraged to share ideas and take initiative. Everyone is focused on improvement—of systems, service, and self. The organization values innovation and ensures employees have access to tools and training needed to succeed in a competitive financial landscape.
Joining this financial services company was a career-defining move. This hands-on guidance and the sharing of invaluable industry experience are instrumental in personal and professional growth. Management is approachable and invests in employee growth through regular training and mentoring. The benefits package is comprehensive, including excellent healthcare coverage and retirement options.

Summit Petro Holdings LLC Overview

Website
Data pending, update soon.
Founded In
2007
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
5121 69th St Lubbock Texas TX 79424
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Summit Petro Holdings LLC
Summit Petro Holdings LLC is a company that operates in the Financial Services industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Lubbock, Texas.

What Benefits Does Summit Petro Holdings LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Summit Petro Holdings LLC 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)
Work at Summit Petro Holdings LLC?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Lubbock?

Understanding the cost of living near Lubbock is key to truly evaluating a salary offer or your current compensation at Summit Petro Holdings LLC.
Lubbock's Cost of Living Index is approximately 81.1 (18.9% less expensive than US average; 12.8% less than TX average). West TX city (Texas Tech Univ.), affordable. Citibus. When planning your budget based on a salary from Summit Petro Holdings LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Summit Petro Holdings LLC salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (Citibus 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 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,000 - $3,220+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Summit Petro Holdings LLC

1. What is the estimated average total compensation at Summit Petro Holdings LLC?

Salary.com estimates that the average total compensation package at Summit Petro Holdings LLC, which can include base salary, potential bonuses, and benefits, is around $86,873 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Summit Petro Holdings LLC pay compared to Horizon Line Holdings LLC?

The average annual salary at Summit Petro Holdings LLC is $86,873, or an hourly wage of $42, in comparison to Horizon Line Holdings LLC which pays $105,817 per year or $51 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Summit Petro Holdings LLC?

Salary progression from an entry-level to a senior role at Summit Petro Holdings LLC 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.

4. How can I determine if a salary offer from Summit Petro Holdings LLC in Lubbock is fair given the local cost of living?

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

5. Are promotions at Summit Petro Holdings LLC usually accompanied by a significant salary increase?

Yes, promotions at Summit Petro Holdings LLC 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.