When was CITGO founded?

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

Where is CITGO located?

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

How many employees does CITGO have?

As of Aug 31, 2026, the latest employee count at CITGO is 5348.

Is CITGO a funded company?

CITGO is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Mar 15, 2018.

How much is CITGO worth?

The last known valuation of CITGO was $***** as of Aug 21, 2025.

When was the latest funding round of CITGO?

CITGO's latest funding was a $***** Conventional Debt round on Feb 03, 2021, with participation from 0 investor.

Where does CITGO rank among its competitors?

CITGO ranks 27th amongst 5063 active competitors, of which 221 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Dominion Energy, which secured $33.6M in May, 2025.

Who are the top competitors of CITGO?

CITGO's top competitors include Shell, MET Petroleum AG and Archrock. Among them, Dominion Energy secured the most recent funding round in May, 2025.

CITGO - 2026 Company Profile, Funding & Competitors

Q: Is CITGO an acquired company?

CITGO got acquired by PDVSA on Feb 06, 1986.

CITGO is an acquired company based in Houston (United States), founded in 1983. It operates as a Petroleum processing, hauling and distribution company. CITGO has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 5063 active competitors, including 221 funded and 1331 that have exited. Its top competitors include companies like Shell, MET Petroleum AG and Archrock.

Company Details

Website: www.citgo.com
Social
Email ID: *****@citgo.com
Phone Number: +1 **********
Registered Address: Houston, Texas

Key Metrics

Founded Year

1983

Location

Houston, United States

Stage

Acquired

Latest Funding Round

Conventional Debt, Feb 03, 2021, $*****

Last Known Valuation

$***** as on Aug 21, 2025

Ranked

27^th among 5063 active competitors

Employee Count

5,348 as on Aug 31, 2026

Similar Companies

Shell & 5551 more

Exit Details

Acquired by PDVSA (Feb 06, 1986)

View CITGO's full profile

CITGO is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Citgo Petroleum Corporation CIN: 731173881 , United States, Active	Dec 26, 999	-	2429 (As on Dec 31, 2024)	-

CITGO got acquired by PDVSA on Feb 06, 1986 at an acquisition amount of $*****.

Click here to take a look at CITGO's acquisition in detail

CITGO has raised funding over 5 rounds. Its first funding round was on Mar 15, 2018.

Here is the list of recent funding rounds of CITGO:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 03, 2021	6191452	Conventional Debt	8379651	2368026	3011598	1233881
Dec 18, 2020	2133779	Conventional Debt	2838435	4681210	8785687	4336640
Jun 02, 2020	9547371	Conventional Debt	2601065	3727932	4874631	2717586

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View details of CITGO's funding rounds and investors

CITGO's employee count trend

CITGO has 5,348 employees as of Aug 26. Here is CITGO's employee count trend over the years:

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Top competitors of CITGO include Shell, MET Petroleum AG and Archrock. Here is the list of Top 10 competitors of CITGO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shell 1907, London (United Kingdom), Public	Provider of natural gas & oil exploration, refining, midstream, and upstream services	-	Pierce Mason Private Equity, Europa & 4 others	78/100
2nd	MET Petroleum AG 2012, Zug (Switzerland), Acquired	Provider of natural gas, power, oil, LNG/LPG, and power generation services	$58.7M	Keppel Infrastructure, UBS & 1 others	73/100
3rd	Archrock 1954, Houston (United States), Acquired	Provider of natural gas compression solutions for midstream companies	$15M	New Enterprise Associates, Shasta Ventures ... & 4 others	73/100
4th	Dominion Energy 1983, United States, Acquired	Producer and transporter of energy	-	TD Securities, Coast Funding & 7 others	73/100
5th	TotalEnergies 1924, Paris (France), Public	Integrated energy company producing and marketing energy sources	-	Global Infrastructure Partners, BPE Partners ... & 5 others	73/100
6th	Hera 2002, Bologna (Italy), Public	Diversified multi-utility and waste management services	$9.86M	CDP Equity, Europa & 1 others	72/100
7th	Sunoco 1889, United States, Early Stage	Petroleum products distribution company	$350K	Bank of America, FEMA & 1 others	72/100
8th	YPF 1922, Buenos Aires (Argentina), Public	Provider of natural gas & oil exploration and transportation services	-	BNP Paribas, Santander Bank & 4 others	71/100
9th	California Resources Corporation 2014, Los Angeles (United States), Public	Provider of oil & gas exploration and production services	$550M	Kimmeridge, Ares Management & 3 others	71/100
10th	Enbridge 1949, Calgary (Canada), Public	Provider of liquid storage, transportation and distribution services	-	Stifel, PSP Investments & 2 others	71/100
27th	CITGO 1983, Houston (United States), Acquired	Petroleum processing, hauling and distribution company	-	-	65/100