Citgo Petroleum Corporation

United States, Texas, Houston

Report a bug?

Claim ownership and edit

Description

CITGO Petroleum is a refiner, transporter and marketer of motor fuels, lubricants, petrochemicals and other industrial products. It refines and markets petroleum products, including transportation fuels, lubricants, and petrochemicals. It markets CITGO branded gasoline through more than 4,200 independent retail outlets throughout the United States and internationally. CITGO Petroleum owns oil refineries in Illinois, Louisiana, and Texas. The company has the refining capacity to process approximately 807,000 barrels of crude oil per day. It markets an extensive line of finished agricultural, automotive, industrial and private label lubricants, oils and greases provide products for consumer, commercial and industrial customers.

Industries

Petroleum and Petroleum Products Merchant Wholesalers; General Freight Trucking; Pipeline Transportation of Crude Oil; Petroleum and Coal Products Manufacturing; Petroleum Bulk Stations and Terminals

SIC

Petroleum Products, Nec; Trucking, Except Local; Crude Petroleum Pipelines; Petroleum Refining and Related Industries; Petroleum Bulk Stations and Terminals

Address:

1293 Eldridge Pkwy Houston

77077-1670 United States

Website:

www.citgo.com

Revenue

Recent news:

Court Approves Elliott Management Bid for Citgo

A Delaware court has approved Elliott Management's Amber Energy bid to acquire Citgo, despite protests from PDV Holding and a rival consortium over the bid's value and process.

Source: IndexBox Nov 27, 2025

Citgo Ownership Saga Nears End in Historic $10B+ Court Auction

The article details the nearing end of the legal battle for Citgo Petroleum, owned by Venezuela, through a court auction with bids up to $10B from firms like Elliott Management to settle nearly $20B in creditor claims.

Source: IndexBox Sep 19, 2025

Delaware Court Backs Elliott in Citgo Parent Auction Bid

A Delaware court ruling supports Elliott's $5.9B bid for Citgo's parent company, restricting competitor Gold Reserve, in a major step to compensate creditors for Venezuelan debt defaults.

Source: IndexBox Sep 19, 2025

Delaware Court Sale to Decide Fate of Citgo, Venezuela's US Oil Asset

A Delaware court is set to rule on the sale of Citgo Petroleum, with bids failing to cover the $19 billion in claims from creditors, leaving a full payout unlikely.

Source: IndexBox Sep 18, 2025

Court Inclined to Deny Gold Reserve Bid in Citgo Parent Auction

A Delaware court moves forward with the Citgo parent auction, favoring Elliott's $5.9B bid and denying a challenge from Gold Reserve ahead of the final sale hearing.

Source: IndexBox Sep 10, 2025

Blue Water Acquisition Corp Makes $10B Bid for Citgo's Parent PDV Holding

Blue Water Acquisition Corp makes a $10 billion unsolicited bid for Citgo's parent company, PDV Holding, offering a settlement to Venezuelan bondholders.

Source: IndexBox Sep 5, 2025

Company is likely to buy

Company is likely to sell

Disclaimer:

IndexBox is not affiliated with, associated with, or endorsed by this company in any way. The information provided on this page, including company details, is solely for informational purposes. IndexBox makes no representations or warranties about the accuracy or completeness of the information provided.

All data and information is provided “as is” for informational purposes only, and is not intended for trading purposes or financial, investment, tax, legal, accounting or other advice. Please consult your broker or financial representative to verify pricing before executing any trade. IndexBox is not an investment adviser, financial adviser or a securities broker. None of the data and information constitutes investment advice nor an offering, recommendation or solicitation by IndexBox to buy, sell or hold any security or financial product, and IndexBox makes no representation (and has no opinion) regarding the advisability or suitability of any investment.