Sources of Income
Sitton is a mechanical engineer and the founder and former CEO of Pinnacle Asset Integrity Services, which consults with major oil, gas and petrochemical companies on technology, engineering and regulatory compliance. He reported to the Texas Ethics Commission that PinnacleAIS LLC was transferred into a blind trust in 2014.
He has financial interests in Lancelot Adventures LLC, a family limited partnership, and Lukasa LLC, a real estate holding company whose assets include two properties.
He also holds interest in the real estate company CEO Homes LLC, whose assets include one home in Wyoming.
Residence in Friendswood, Texas, valued at $716,000
Condominium in Austin valued at $364,849
Pinnacle AIS consults with some of the world's biggest oil and gas corporations. Sitton took heat during the 2014 primary after initially saying he planned – if elected – to continue at the firm in a limited capacity. In April 2014, he announced that he would step down as CEO following a victory and place his assets in a blind trust. Sitton has followed through on that promise. Still, Sitton said he did not consider the initial plan problematic because Pinnacle contracted with wings of companies separate from those that appear before the Railroad Commission. He said we was going “beyond what is required by the statutes” to “avoid even the appearance of a conflict.”
Most of Sitton’s biggest donors represent the petroleum or pipeline industry, which the Railroad Commission regulates. Energy industry donors who gave more than $25,000 include Chris Faulkner, CEO of Breitling Energy; Kelcy Warren, CEO of Energy Transfer Partners; S. Javaid Anwar, CEO of Midland Energy; Robert Beecherl, co-founder of Piedra Resources LLC; and Donny McClure, president and CEO of McClure Oil.
In 2009, according to a Pinnacle AIS press release, Sitton provided expert witness testimony for an unspecified Texas refinery that was facing citations from the Occupational Safety and Health Administration. “I am proud to represent this refinery and our industry in this case,” he said in the release. “Often, these regulatory citations, while levied with good intent, do not technically align with industry codes and standards or engineering best practice.”