Artificial mulching, a prevalent water-saving tool in arid and semiarid agroecosystems, complicated energy exchange and water transport process between land surface and atmosphere. The field energy and evapotranspiration (ET) partitioning within a soil-mulch-plant-atmosphere continuum have not been comprehensively examined, which limited cognition of the underlying mechanisms that control hydrological processes and achieve yield improvement. Here, a four-season experiment in a rainfed summer maize field with four mulching treatments (NM: non-mulching, SM: straw mulching, RPBF: plastic-mulched ridge with bare furrow, and RPSF: plastic mulched ridge with straw-mulched furrow) was conducted to study the dynamics of surface energy and ET components and their regulation mechanisms. Results indicated that the effects of mulching on field energy partitioning were most evident at the maize initial stage, during which net radiation was significantly decreased under PM treatments (RPBF and RPSF), while soil heat flux was significantly reduced in SM treatments (p < 0.05). The average latent heat flux (LE) was 3.55 and 5.65 MJ·d−1 for NM maize at sowing and seedling stages, but decreased by 9.01 %, 27.04 %, 29.58 % at sowing, and 7.08 %, 9.56 % and 16.46 % at seedling stages for SM, RPBF and PRSF, respectively. The energy component differences among different treatments were minimal during the middle and late stages with high leaf coverage, and total LE and sensible heats were not significantly different. Mulch exerted a notable impact on soil evaporation (E) and crop transpiration (T), characterized by the average E of 0.96, 0.82, 0.57 and 0.46 mm·d−1 in NM, SM, RPBF and RPSF, while the value for T was 1.67, 1.88, 2.03 and 2.10 mm·d−1, respectively. PM conserved soil water by reducing E during the initial growing season and in dry periods, but also enhancing T and deepening the depth of soil water consumption under higher leaf cover. Energy exchange and ET partitioning were found to be more sensitive to soil water content (SWC) during periods characterized by lower leaf coverage, while the role of underlying canopy coverage characteristics overwhelmed soil properties in controlling energy and ET partitioning along with the leaf expansion. These findings contributed to a more comprehensive understanding of different mulching management on rainfed maize energy exchange and water use in Northwest China.