Newsroom - CITGO
WEBCITGO is a refiner, transporter, and marketer of transportation fuels, lubricants, petrochemicals and other petroleum-based industrial products. Learn More.
Press Releases | CITGO
WEBAug 8, 2024 — CITGO Commits $25,000 to Florida Disaster Relief Efforts Following Hurricane Debby. Hurricane Debby made landfall in Florida's Big Bend as a Category 1 storm, leaving millions of people without power while dealing with the aftermath. In response, CITGO is supporting local...
CITGO Reports Fourth Quarter and Full-Year 2023 Results
WEBMar 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 operating assets from CITGO Holding Inc.
CITGO Reports First Quarter 2023 Results
WEBMay 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
WEBAug 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 Makes Leadership Appointments
WEBHOUSTON , 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 …
CITGO Enters 2022 With Strong Momentum
WEBMar 31, 2022 — CITGO Enters 2022 With Strong Momentum. Profitable 4Q Marks Best Results Since 3Q 2019. HOUSTON, March 31, 2022 /PRNewswire/ -- CITGO Petroleum Corporation today reported its 2021 fourth quarter and year-end financial results. For the fourth quarter of 2021, CITGO generated net income of $21 million, EBITDA 1 of $236 million and adjusted EBITDA ...
Welcome to CITGO | CITGO
WEBCITGO Petroleum Corporation is a refiner, transporter and marketer of motor fuels, lubricants, petrochemicals and other industrial products.
CITGO Petroleum Corporation Completes $1.10 Billion Senior …
WEBSep 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...
CITGO Reports First Quarter 2024 Results
WEBMay 9, 2024 — CITGO Reports First Quarter 2024 Results. May 10 Update: EBITDA of approximately $1.4 billion for the first quarter of 2023. Net income of $410 million, EBITDA (1) of $709 million and Adjusted EBITDA (1) of $677 million. Total liquidity at quarter-end of $4.5 billion, including full availability under CITGO's $500 million accounts receivable ...