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 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 ...
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 Achieves Substantial Judicial Award
WEBJul 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.
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WEBCITGO Petroleum Corporation is a refiner, transporter and marketer of motor fuels, lubricants, petrochemicals and other industrial products.
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 ...
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