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 Mar 31, 2026, the latest employee count at CITGO is 5271.

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.

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 45th amongst 2502 active competitors, of which 184 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Eni Next, which secured an undisclosed amount in Apr, 2025.

Who are the top competitors of CITGO?

CITGO's top competitors include Shell, Lightsource BP and BP Ventures. Among them, Eni Next secured the most recent funding round in April, 2025.

CITGO - 2026 Company Profile, Funding & Competitors

Q: Is CITGO an acquired company?

CITGO got acquired by PDVSA on Feb 06, 1986.

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, $*****

Ranked

45^th among 2502 active competitors

Employee Count

5,271 as on Mar 31, 2026

Similar Companies

Shell & 5021 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:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 03, 2021	4154339	Conventional Debt	6261039	8442750	7205801	7728305
Dec 18, 2020	3610803	Conventional Debt	8581316	5084451	3803201	4881214
Jun 02, 2020	5346745	Conventional Debt	9668595	3514384	3307154	2485110

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View details of CITGO's funding rounds and investors

CITGO's employee count trend

CITGO has 5,271 employees as of Mar 26. Here is CITGO's employee count trend over the years:

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Top competitors of CITGO include Shell, Lightsource BP and BP Ventures. 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, Gov & 4 others	83/100
2nd	Lightsource BP 2010, Holborn (United Kingdom), Acquired	Developer of solar energy projects	$418M	BP Ventures, AMP Capital & 19 others	81/100
3rd	BP Ventures 1909, London (United Kingdom), Public	Operator of oil and gas fields delivering energy to countries	-	Greenleaf Trust, Comerica & 11 others	79/100
4th	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
5th	Targa Resources 2003, Houston (United States), Public	Provides midstream natural gas and NGL services	-	Stonepeak Infrastructure Partners, Greenleaf Trust ... & 3 others	73/100
6th	YPF 1922, Buenos Aires (Argentina), Public	Provider of natural gas & oil exploration and transportation services	-	Citi, Santander Bank & 4 others	71/100
7th	Eni Next 1953, Boston (United States), Public	Provider of exploration, production, and distribution services of oil & gas	-	B Capital Fund, Public Investment Fund & 4 others	71/100
8th	LOTOS 1972, Gdansk (Poland), Acquired	Crude oil production, processing, distribution, and retailing company	-	Penton Partners, Europa	70/100
9th	ORLEN 2001, Plock (Poland), Public	Provider of oil refinery services	-	PAAN CAPITAL, Berrio Capital & 1 others	70/100
10th	Repsol 1987, Madrid (Spain), Public	Integrated oil and gas company	-	Energy Infrastructure Partners, Temasek & 2 others	70/100
45th	CITGO 1983, Houston (United States), Acquired	Petroleum processing, hauling and distribution company	-	-	65/100