The salary statistics of petroleum engineers in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare petroleum engineer salaries in different industries within the finance and insurance sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $89,370 |
| 25th Percentile Wage | $112,060 |
| 50th Percentile Wage | $162,850 |
| 75th Percentile Wage | No Data |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for petroleum engineers in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The median annual salary (50th percentile) is $162,850. The average annual salary of the 25th percentile is $112,060. The average annual salary for the bottom 10 percent paid petroleum engineers is $89,370.
The table and chart below show the trend of the median salary of petroleum engineers in the industry sector of finance and insurance from 2012 to 2017. Note that there is no salary data for some years between 2012 and 2017.
| Year | Median Salary | Growth | 3-Year Growth |
|---|---|---|---|
| 2017 | $162,850 | -2.68% | 0.72% |
| 2016 | $167,210 | 3.31% | - |
| 2014 | $161,680 | - | - |
The average salaries of petroleum engineers in two industries in the finance and insurance sector are shown below. For detailed petroleum engineer salary information in a particular industry, use the links provided below.
| Industry Name | Median Annual Salary |
|---|---|
| Other Financial Investment Activities | |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities | |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].
