CITGO

Houston, United States Founded: 1983 • Age: 43 yrs Acquired By PDVSA
Petroleum processing, hauling, and distribution services are provided.

About CITGO

CITGO is an Energy & Utilities company based in Houston (United States) founded in 1983, and was acquired by PDVSA in February 1986. Petroleum processing, hauling, and distribution services are provided. Its chief executive, as recorded, is Asdrubal Chavez. Its website citgo.com draws about 106 thousand monthly visits. CITGO offers products and services including Motor Fuels, Lubricants, and Petrochemicals. Its focus areas include Energy, Oil & Gas Midstream and Horizontal. Its legal entity is CITGO PETROLEUM CORPORATION. Its competitors include Dominion Energy, Eni Next and Noble Energy.

Company details

CITGO, led by Asdrubal Chavez as CEO President, specializes in working in the energy sector, oil gas midstream, and horizontal. Petroleum processing, hauling and distribution company. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

  • Headquarters Houston, United States
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Website category Heavy Industry and Engineering · Energy Industry
  • Email
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  • Phone
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  • Website citgo.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by PDVSA (Feb 1986)
  • Legal Name Citgo Petroleum Corporation
Key Metrics
  • Latest Funding Round
    $650M (USD), Debt – Conventional

    Feb 2021

  • Investors
  • Acquired by
    PDVSA

    (Feb 1986)

Products & Services of CITGO

CITGO offers a comprehensive portfolio of products and services, including Motor Fuels, Lubricants, and Petrochemicals.

Motor Fuels
Fuels

Refined fuels for vehicles and transportation purposes.

Lubricants
Industrial Oils

Blended lubricants for machinery and vehicle applications.

Petrochemicals
Chemical Products

Raw materials for industrial and manufacturing uses.

Apps and channels of CITGO

its YouTube channel CITGO Fueling Good has 3.84K subscribers and 30 videos.

CITGO Fueling Good
YouTube 3.84K subscribers 30 videos Nonprofits & Activism
Open channel

Videos from CITGO

The most watched videos on CITGO's YouTube channel, CITGO Fueling Good (3.84K subscribers). Click a video to play it here.

CITGO | Good To Go: Cleaner Engine
1.9M views
2021 CITGO Brandscape :15 Clip
1.8M views
2021 CITGO Brandscape :30 Clip
1.8M views
CITGO | Good To Go Trips :15
1.5M views

More on CITGO Fueling Good.

Funding Insights of CITGO

  • Total Rounds 5
  • Last Round Debt – Conventional β€” $650M
  • First Round $375M

    (Mar 2018)

All 5 funding rounds of CITGO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2021$650MDebt – Conventional––
–
Dec 2020$250MDebt – Conventional––
–
Jun 2020$1.13BDebt – Conventional––
–
Jul 2019$1.37BDebt – Conventional––
–
Mar 2018$375MDebt – Conventional––
–
Valuation history

1 investors in total: 1 institutional.

Investors in CITGO

CITGO has secured backing from 1 investor. Prominent investors backing the company include PDVSA.

All
InvestorDescriptionFounded YearDomainLocation
Oil and natural gas exploration and production services are provided.
1975pdvsa.comCaracas, Venezuela
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Investor details for CITGO

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
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People of CITGO

2 people are tracked at CITGO (2 in leadership).

NameRoleGroup
Asdrubal Chavez
CEO & PresidentLeadership
Gregory Goff
CEOLeadership
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Complete people profiles for CITGO

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of CITGO

4 dated milestones of CITGO across 38 years, from founding to its latest funding, stage changes and deals.

  1. Founded CITGO is founded.
  2. Exit Acquired by PDVSA.
  3. Funding First funding round of $375.0M.
  4. Funding Latest funding round, Debt – Conventional, of $650.0M.

Competitors of CITGO

CITGO has 3 listed competitors in our database. They include Dominion Energy, Eni Next and Noble Energy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dominionenergy.com1983United States17,700
Energy production and transportation are conducted by Dominion Energy.
eni.com1953Boston, United States62
Provider of exploration, production, and distribution services of oil & gas
nblenergy.com1932Houston, United States2,277
Oil and natural gas exploration, production, and processing company
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Detailed competitors of CITGO

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
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Verified entity values are shown only after access is granted.

Web traffic of CITGO

The website of CITGO (citgo.com) receives about 106.2K visits a month and ranks #423,775 among all websites worldwide, #5,376 in Energy Industry.

  • Monthly visits
    106.2K

    ▲ 23.9% vs previous month

  • Unique visitors
    55.8K

    per month

  • Global rank
    #423,775

    among all websites

  • Category rank
    #5,376

    Heavy Industry and Engineering · Energy Industry

Similar websites

Websites whose visitors overlap most with CITGO. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hess.com
100%
36KView details
chevron.com
100%
1M#71,592View details
shell.com
97%
3M#15,714View details
bp.com
91%
2.2M#24,460View details
sunocoinc.com
sunocoinc.com
87%
–
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 16 similar websites and full traffic analytics for CITGO

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 16 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Oil & Gas Operations

3 companies that operate in the same segment as CITGO (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Oilfield services and products are supplied worldwide by Schlumberger.
1926United StatesUSD 35.69 B110,000
bp is recognized as a global energy company.
1909United StatesUSD 185.5 B100,500
Energy production and transportation are conducted by Dominion Energy.
1983United StatesUSD 16.73 B14,700
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Related news about Citgo

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Complete news archive for CITGO

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about CITGO

CITGO was founded in 1983 and raised its 1st funding round 35 years after it was founded.

CITGO is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Asdrubal Chavez is the CEO of CITGO, as recorded in our data.

CITGO, led by Asdrubal Chavez as CEO President, specializes in working in the energy sector, oil gas midstream, and horizontal. Petroleum processing, hauling and distribution company. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

CITGO's top competitors include Dominion Energy, Eni Next and Noble Energy.

CITGO offers Motor Fuels, Lubricants, and Petrochemicals.

CITGO has 1 investor. Key investors include PDVSA.

CITGO operates through Citgo Petroleum Corporation.

Yes. CITGO was acquired by PDVSA in February 1986.

The website of CITGO receives about 106 thousand visits a month and ranks #423,775 among all websites worldwide.

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