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Working at Varel

Zippia score 4.5

Overview

SalaryRevenue

Reviews

DemographicsCEO & Executives

Varel overview

Industry
Oil & Energy
Revenue
$306.8M
Headquarters
Employees
3,000
Founded in
Organization type
Private
Varel International Energy Services, Inc. operates as a holding company which through its subsidiaries, Downhole Products and Varel International, manufactures oilfield tools and oil drilling company respectively. The company was incorporated in 2008 and is based in Carrollton, Texas.
Varel has been around for a long time. It was founded back in 1947. This established company loves to hire graduates from Texas College, with 10.7% of its employees having attended Texas College. Varel is a great place to work and is featured as number 4 on Zippia's list of Best Companies to Work for in Carrollton, TX.
Based in Texas, Varel is a key player in the energy industry with 3,000 employees and an annual revenue of $306.8M.

Varel's mission statement

Our commitment to you is to be the most responsive in providing reliable and innovative drilling & completion solutions.

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The team at Varel

  • The key people at Varel is Darek Nixon.
Key people
Darek Nixon

Varel rankings

Varel is ranked #4 on the Best companies to work for in Carrollton, TX list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Varel salaries

Average Varel salary
$65,028
yearly
$31.26 hourly
Updated March 14, 2024

Evaluate Varel's commitment to diversity and inclusion.

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Varel diversity

8.0
Diversity score
We calculated Varel’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Varel’s workforce.
Varel diversity summary. Zippia estimates Varel's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Varel's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Varel's workforce.
  • Varel has 3,000 employees.
  • 18% of Varel employees are women, while 82% are men.
  • The most common ethnicity at Varel is White (51%).
  • 24% of Varel employees are Hispanic or Latino.
  • 11% of Varel employees are Black or African American.
  • The average employee at Varel makes $65,028 per year.
  • Employees at Varel stay with the company for 3.4 years on average.

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Varel financial performance

9.5
Performance score

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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Varel, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Varel. The employee data is based on information from people who have self-reported their past or current employments at Varel. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Varel. The data presented on this page does not represent the view of Varel and its employees or that of Zippia.

    Varel may also be known as or be related to Varel, Varel International, Varel International Energy Services, Varel International Energy Services, Inc. and Varel International Inc.