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CorEnergy Infrastructure Trust, Inc.

Company Summary

Description

CorEnergy Infrastructure Trust, Inc. – the first publicly listed Real Estate Investment Trust (REIT) focused on energy infrastructure – primarily owns midstream and downstream assets that perform utility-like functions, such as pipelines, storage terminals, and transmission and distribution assets. Our objective is to provide stockholders with a stable and growing cash dividend, supported by long-term contracted revenue from operators of our assets, primarily under triple-net participating leases. CorEnergy common stock trades on the NYSE under the symbol CORR, and preferred shares trade on the NYSE under the symbol CORRPrA. CorEnergy is managed by Corridor InfraTrust Management LLC, a real property asset manager with a focus on U.S. energy infrastructure assets. The management team has extensive experience in energy and utility operations, infrastructure portfolio management, and capital markets. We believe the management team’s expertise provides CorEnergy with a competitive advantage to own and acquire U.S. energy infrastructure assets in a tax-efficient, transparent, investor-friendly REIT.

Website

http://corenergy.corridortrust.com/index.cfm

Financial Data:

NYSE:CORR from Google Finance

Tickers:

  • CORR - New York Stock Exchange

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Recent news

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  • 5/25/2023 - Spire Inc. Acquiring... (subscriber access)
  • 2/6/2023 - Energy REIT CorEnergy... (subscriber access)
  • 2/5/2021 - CorEnergy Acquires... (subscriber access)
  • 12/26/2018 - CorEnergy Sells Portland... (subscriber access)

Investor Presentations

Company Transactions

Date: 12/26/2018
Type: Acquisition

NOTES:
CorEnergy has sold their Portland Terminal Facility and a minority stake in the Joliet Terminal to Zenith Energy for $61 million.
REGIONS:
  • West
  • Date: 12/31/2017
    Type: Acquisition

    NOTES:
    CorEnergy reported that it has entered into a deal to acquire the remaining 18.95% equity interest in the Pinedale Liquids Gathering System from Prudential Capital Group for $32.8 million.
    REGIONS:
  • Pinedale