Letter From Our CEO
I am excited to share with you our 2022 Sustainability Report, in which we detail Cimarron’s ongoing progress toward our commitments to delivering Environmental solutions for our customers, investing in Social impact for our employees and our communities, and adhering to Governance best practices.
Over the last year, our world has been challenged in many ways, and there is growing awareness that energy supply, energy affordability, energy security, and climate change are extremely interrelated. Increasingly, the customers we serve across a diverse set of end markets are being challenged to expand activity; however, they wish to do so responsibly, and they are required to do so within regulatory frameworks that are complex and ever-evolving. They face a diverse set of challenges – and we are uniquely positioned to help.
As a long-standing, industry-leading provider of emissions compliance and control solutions, our Company is well-suited to meet our customers’ needs of today and innovate for their potential demands of tomorrow. We are proud of the partnerships we have with market leaders in the global industries we serve, and are pleased to highlight several of them in this report, especially with regard to real-time automation and emissions monitoring enhancements.
Further, we feel uniquely engaged with the governmental entities which oversee many of the markets in which our customers operate. In this report, we update our developmental project alongside the Department of Energy – the DRE-MAX™ is delivering 3x emissions performance improvements and is already in use by key customers in the Permian Basin of Texas and the Bakken Shale of North Dakota. Meanwhile, last year we introduced NOVENT™, a plug-and-play solution for tank emissions that utilizes tilt sensors to communicate thief hatch status in real time to a central module connected the cloud. Cimarron will continue to introduce innovative emissions reduction solutions to our customers, and we thank our stakeholders for their support investing in these new product initiatives.
The past year has been a busy, productive and impactful one for Cimarron. We have continued our organic growth, and ended the year with approximately 479 employees, up more than 10% from year ago levels, and a backlog which more than doubled 7 over the course of 2022. Importantly, our safety investments and culture delivered results – a 0.99 TRIR for the year. Although our team was quite busy, they gave back to their communities – more than 10 organized events and more than 250 hours of community re-investment.
The Cimarron team appreciates your participation in our ongoing sustainability journey. In the pages that follow, we highlight several of the ways in which we are addressing the challenges facing energy and the environment, infrastructure and a growing population, employees and our communities.
We welcome your feedback and partnership as we continue Creating a Cleaner Environment™. Thank you for your interest in Cimarron.
President & CEO