Newsroom - CITGO
CITGO is a refiner, transporter, and marketer of transportation fuels, lubricants, petrochemicals and other petroleum-based industrial products. Learn More.
Press Releases | CITGO
Sep 9, 2024 · CITGO Raises Record-Breaking $1,000,000 for MDA. Nearly 350 golfers gathered in Houston to play for a cure, raising more than $1,000,000 for the Muscular Dystrophy Association (MDA), an all-time fundraising record for the event. Other...
CITGO Reports Fourth Quarter and Full-Year 2023 Results
Mar 7, 2024 · Fourth quarter net income of $154 million, EBITDA 1 of $396 million and Adjusted EBITDA 1 of $411 million. Fourth quarter total throughput of 821,000 barrels-per-day (bpd) and crude utilization of 89%. Successfully completed contribution of …
CITGO Reports First Quarter 2023 Results
May 10, 2023 · CITGO Reports First Quarter 2023 Results. Net income of $937 million and EBITDA 1 of $1.4 billion, compared to net income of $806 million and EBITDA of $1.2 billion for the fourth quarter of 2022. The Lake Charles Refinery increased its nameplate capacity by 38,000 barrels-per-day (bpd) to 463,000 bpd, bringing the total nameplate capacity of ...
CITGO Reports Second Quarter 2022 Results
Aug 11, 2022 · Reported second quarter net income of $1.29 billion and EBITDA 1 of $1.86 billion. Exceptional health, safety and environmental performance. Record-setting refinery utilization and throughput. Received two AFPM Safety Achievement awards.
CITGO Reports First Quarter 2024 Results
May 9, 2024 · Projected turnaround, catalyst and capital expenditures for 2024 total approximately $1.1 billion. Achieved quarter-end liquidity of $4.5 billion, including full availability under CITGO's $500 million accounts receivable securitization facility, which was recently extended to April 2026. About CITGO.
CITGO Makes Leadership Appointments
HOUSTON , Dec. 21, 2022 /PRNewswire/ -- CITGO Petroleum Corporation named Jim Cristman Vice President and General Manager Lemont Refinery and named Dennis Willig Vice President and General Manager Corpus Christi Refinery. This change is effective Jan. 1, 2023.
CITGO Achieves Substantial Judicial Award
Jul 24, 2024 · The award of more than $340 million in damages and interest, entered by the District Court for the Southern District of Texas, granted judgment in full to CITGO against its former contractor, Petroleum Logistics Service Corp. (PLS), and PLS's founder, Jose Manuel Gonzalez Testino.
CITGO Petroleum Corporation Completes $1.10 Billion Senior …
Sep 20, 2023 · CITGO Petroleum Corporation ("CITGO") confirmed today it has completed its previously announced private offering of $1.10 billion aggregate principal amount of 8.375% senior secured notes due...
About CITGO
CITGO Petroleum makes the products that fuel everyday life. We refine, transport and market motor fuels, lubricants, petrochemicals, and other industrial products.