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 Sep 30, 2026, the latest employee count at CITGO is 5354.

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 Dec 01, 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. Its primary sector is Oil & Gas Midstream. In United States, the Oil & Gas Midstream sector has seen $948M in funding in 2026 to date.

Where does CITGO rank among its competitors?

CITGO ranks 6th amongst 1422 active competitors, of which 143 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Repsol, which secured $67.9M in Apr, 2023.

Who are the top competitors of CITGO?

CITGO's top competitors include Archrock, Oneok and Repsol. Among them, Repsol secured the most recent funding round in April, 2023.

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 1422 active competitors, including 143 funded and 514 that have exited. Its top competitors include companies like Archrock, Oneok and Repsol.

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 Dec 01, 2025

Ranked

6^th among 1422 active competitors

Employee Count

5,354 as on Sep 30, 2026

Similar Companies

Shell & 5609 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	Reports
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	3823477	Conventional Debt	6847966	6838433	9740229	8552076
Dec 18, 2020	6958385	Conventional Debt	2030951	2554040	1411205	8952341
Jun 02, 2020	7208475	Conventional Debt	8370943	8806459	4895374	3233229

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View details of CITGO's funding rounds and investors

CITGO's employee count trend

CITGO has 5,354 employees as of Sep 26. Here is CITGO's employee count trend over the years:

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Top competitors of CITGO include Archrock, Oneok and Repsol. 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	Archrock 1954, Houston (United States), Acquired	Provider of natural gas compression solutions for midstream companies	$15M	New Enterprise Associates, Shasta Ventures ... & 4 others	69/100
2nd	Oneok 1906, Tulsa (United States), Public	Provider of natural gas operator and transportation services	-	-	69/100
3rd	Repsol 1987, Madrid (Spain), Public	Integrated oil and gas company	-	Temasek, Energy Infrastructure Partners & 2 others	69/100
4th	Uniper 2016, Dusseldorf (Germany), Public	Power generation and distribution company	-	Elliott Management, BAFA & 4 others	68/100
5th	California Resources Corporation 2014, Los Angeles (United States), Public	Provider of oil & gas exploration and production services	$550M	Kimmeridge, Ares Management & 3 others	67/100
6th	CITGO 1983, Houston (United States), Acquired	Petroleum processing, hauling and distribution company	-	-	67/100
7th	Energy Transfer Partners 1996, Dallas (United States), Acquired	Provider of oil and gas midstream services	-	Denham Capital, Carson Private Capital & 5 others	67/100
8th	Targa Resources 2003, Houston (United States), Public	Provides midstream natural gas and NGL services	-	Stonepeak Infrastructure Partners, Greenleaf Trust ... & 3 others	67/100
9th	Quanta Services 1997, Houston (United States), Public	Integrated infrastructure solutions provider	-	Engine Capital, First Reserve	67/100
10th	Williams 1908, Tulsa (United States), Acquired	Operator of energy infrastructure focused on natural gas and clean energy	-	CPP Investments	66/100