Symbol: CORRQ
Exchange: OTC
Other Symbols: CORRL
Founded: 2005
HQ: Kansas City, MO, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Infrastructure
REIT pioneer, CorEnergy Infrastructure Trust, Inc. (OTC: CORR, CORRL), is the first publicly listed real estate investment trust (REIT) focused on energy infrastructure. The Company owns and operates or leases critical assets and associated, difficult to replicate right-of-way corridors. CorEnergy provides investors liquidity and uncomplicated direct access to U.S. infrastructure. Investors receive a tax Form 1099 and suffer no unrelated business taxable income (UBTI). Foreign investors experience no effectively connected tax income consequence (ECI). Identifying and acquiring critical infrastructure and right-of-way corridors provides CorEnergy’s investors with asset investments underpinned by long-term commitments having both current and future utility. Industry experts on CorEnergy’s team have engineering and financial acumen in the oil & gas, power and utility sectors. With proven track records in developing and executing growth strategies, CorEnergy professionals are building a portfolio of long-term contracted assets producing stable revenue.
Material | Source | Description |
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CorEnergy’s Plan of Reorganization Confirmed by Bankruptcy Court (2024-05-30) | BUSINESS WIRE | KANSAS CITY, Mo.--(BUSINESS WIRE)--CorEnergy Infrastructure Trust, Inc. (OTC Pink: CORRQ, CORRL) (“CorEnergy” or the “Company”) announced that the U.S. Bankruptcy Court for the Western District of Missouri (the “Court”) confirmed its Chapter 11 Plan of Reorganization (the “Plan”) on May 24, 2024. |
REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
---|---|---|---|---|---|
Power REIT (PW) | 5.9 | NYSE | Micro-Cap | Infrastructure | United States |
Last updated: 2024-10-09 - v5.7