Citgo
How we got $407K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 33 years (since 1993)
From public records and the company's website, not a statement that it's for sale.
What they do
CITGO manufactures and distributes energy products, including refining, fuels, lubricants, petrochemicals and solvents, terminals and pipelines, and supply and trading. It also supports a network of branded, locally owned stations and offers business opportunities to fuel marketers and licensees.
From the company's website. Industry: Petroleum Refineries.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CITGO this business | $3.0M | — |
| Eastside Service Station Muskogee | $5.2M | 0.0 mi |
| Tinajeros Market Muskogee | $3.0M | 0.1 mi |
| JB's Appliances Muskogee | $4.2M | 0.1 mi |
| Metro by T-Mobile Muskogee | $1.5M | 0.1 mi |
| World Beauty Mart Muskogee | $4.6M | 0.1 mi |
| Supermercado Las Americas Muskogee (store #6) Muskogee | $3.0M | 0.1 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $407K |
| Multiple for this size and industry | 2× |
| Value range | $151K – $637K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Petroleum Refineries businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (7%). Treat these as a rough guide.
| Revenue range | $1.4M – $3.9M |
| EBITDA range | $94K – $265K |
| Industry (NAICS) | Petroleum Refineries (324110) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Citgo
Citgo is a petroleum refineries company in Muskogee, Oklahoma, in business since 1993. Its estimated annual revenue is about $3.0M, with roughly $203K of EBITDA. Its estimated business value is $407K (likely range $151K–$637K).
Common questions
- Who owns Citgo?
- The owner of Citgo isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Citgo make?
- SeeBITDA estimates Citgo's annual revenue at about $3.0M (likely between $1.4M and $3.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Citgo worth?
- About $407K, roughly 2× its estimated EBITDA of $203K, typical for a petroleum refineries company its size. Likely range: $151K–$637K.
- When was Citgo founded?
- Citgo has been in business since 1993.