Corenergy Infrastructure Trust, Inc. | REIT Profile

Symbol: CORR
CIK: 1347652
Exchange: NYSE
Founded: 2005 (17 years)
HQ: Leawood, KS, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Infrastructure

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See CORR on Yahoo Finance
See CORR on SEC.gov

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About Corenergy Infrastructure Trust, Inc.

CorEnergy primarily owns U.S. infrastructure assets used by energy companies under long-term triple-net participating leases. These utility-like assets include pipelines, storage tanks, transmission lines and gathering systems. Our structure as a Real Estate Investment Trust (REIT) offers U.S. and non-U.S. investors direct exposure to energy infrastructure in a tax-efficient manner. CorEnergy's objective is to provide stockholders with a stable and growing cash dividend, supported by long-term contracted revenue.


Corenergy Infrastructure Trust, Inc. Company Logo

Stock Chart

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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 3 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Close Previous Close Volume Change $ Change % Market Cap PE Ratio 52W High 52W Low Ytd Change
$2.31 $2.36 $2.28 $2.36 $2.36 $2.36 12,824 -$0.05 -2.12% $34,559,051 N/A $5.25 $2.08 -24.14%

Last update: 2022-08-09 09:48:37 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 3.9

Hightlights of Trading Day August 8, 2022


Open Price: $2.38
Closing Price: $2.36
Price Change: -0.02 (-0.84%)
Lowest Price: $2.27
Highest Price: $2.39
52-Week Low: $2.08
52-Week High: $5.25
52-Week Change: -52.10%
5 Day Price Change: 6.25%
1 Month Price Change: N/A
3 Month Price Change: -4.02%
6 Month Price Change: -40.11%
YTD Price Change: -21.36%
1 Year Price Change: -52.10%
2 Year Price Change: -74.45%
5 Year Price Change: -90.95%

Dividend of Trading Day August 8, 2022


Dividend Yield: 8.475%*
Annualized Dividend: $0.2*
Dividend Yield (TTM): 8.201%
Annualized Dividend (TTM): $0.1952
Ex-Dividend Date: 2022-05-16
Next Ex-Dividend: 2022-08-16
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Funds From Operations (FFO)



FFO Amount and Payout Ratio

Below are the FFO amounts, dividends, and payout ratios for the last two quarters for CORR.

Year Quarter Type Amount Dividend Paid Payout Ratio
2021 Q3 FFO $--- $--- ---%
2021 Q2 FFO $--- $--- ---%

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.


Funds From Operations (FFO)

Key Stats of Trading Day August 8, 2022


Total Cash: N/A
Current Debt: N/A
Revenue: N/A
Gross Profit: N/A
Total Revenue: N/A
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): N/A
Revenue Per Share: N/A
Revenue Per Employee: N/A
Employee: 141
Debt to Equity Ratio (D/E): N/A
Profit Margin: N/A
Enterprise Value (EV): N/A
Enterprise Value to Revenue (EV/R): N/A
Price to Sales (P/S): N/A
Price to Book (P/B): N/A
Price/Earnings-to-Growth (PEG) Ratio: N/A
P/E Ratio: N/A
P/E High: N/A
P/E Low: N/A
Forward P/E Ratio: N/A
Market Capitalization: $35,307,082
Beta: 1.13
Latest Volume: 49,635
Avg. Total Volume: 36,947
Avg. 10-Day Volume: 33,529
Avg. 30-Day Volume: 36,947
TTM EPS: N/A
Shares Outstanding: 14,960,628
Float: N/A
50-Day Moving Avg.: $2.40
200-Day Moving Avg.: $2.82

Latest REIT Community Comments on #CORR


See more community comments related to CORR

Properties Owned by CORR


CORR Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $43.70 per share you would have been able to buy 22 shares of CORR on 2021-08-09 costing $961.40 @ $43.70 per share you would have been able to buy 11 shares of CORR on 2021-08-09 costing $480.70 @ $43.70 per share you would have been able to buy 5 shares of CORR on 2021-08-09 costing $218.50 @ $43.70 per share you would have been able to buy 2 shares of CORR on 2021-08-09 costing $87.40 @ $43.70 per share you would have been able to buy 1 shares of CORR on 2021-08-09 costing $43.70
Current worth On 2022-08-08 these 22 shares would be worth $51.92 @ $2.36 On 2022-08-08 these 11 shares would be worth $25.96 @ $2.36 On 2022-08-08 these 5 shares would be worth $11.80 @ $2.36 On 2022-08-08 these 2 shares would be worth $4.72 @ $2.36 On 2022-08-08 these 1 shares would be worth $2.36 @ $2.36
Dividends earned $4.40 in dividends would have been earned since 2021-08-09 with 22 shares. $2 in dividends would have been earned since 2021-08-09 with 11 shares. $1.00 in dividends would have been earned since 2021-08-09 with 5 shares. $0.40 in dividends would have been earned since 2021-08-09 with 2 shares. $0.20 in dividends would have been earned since 2021-08-09 with 11 shares.
Net (gain / loss)* -905.08 USD -452.54 USD -205.70 USD -82.28 USD -41.14 USD
ROI** -94.14% -94.14% -94.14% -94.14% -94.14%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by CORR. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
CORR 2022-05-16 0.050 --- 2022-05-06 2022-05-17 2022-05-31
CORR 2022-02-11 0.050 --- 2022-02-07 2022-02-14 2022-02-28
CORR 2021-11-15 0.050 --- 2021-10-28 2021-11-16 2021-11-30
CORR 2021-08-16 0.050 --- 2021-07-29 2021-08-17 2021-08-31
CORR 2021-05-13 0.050 --- 2021-04-29 2021-05-14 2021-05-28
CORR 2021-02-11 0.050 --- 2021-02-02 2021-02-12 2021-02-26
CORR 2020-11-13 0.050 --- 2020-10-27 2020-11-16 2020-11-30
CORR 2020-08-14 0.050 --- 2020-07-28 2020-08-17 2020-08-31
CORR 2020-05-14 0.050 -93.33% 2020-04-28 2020-05-15 2020-05-29
CORR 2020-02-13 0.750 --- 2020-01-22 2020-02-14 2020-02-28
CORR 2019-11-14 0.750 --- 2019-10-23 2019-11-15 2019-11-29
CORR 2019-08-15 0.750 --- 2019-07-24 2019-08-16 2019-08-30
CORR 2019-05-16 0.750 --- 2019-04-24 2019-05-17 2019-05-31
CORR 2019-02-13 0.750 --- 2019-01-23 2019-02-14 2019-02-28
CORR 2018-11-14 0.750 --- 2018-10-24 2018-11-15 2018-11-30
CORR 2018-08-16 0.750 --- 2018-07-25 2018-08-17 2018-08-31
CORR 2018-05-16 0.750 --- 2018-04-25 2018-05-17 2018-05-31
CORR 2018-02-13 0.750 --- 2018-01-24 2018-02-14 2018-02-28
CORR 2017-11-14 0.750 --- 2017-10-25 2017-11-15 2017-11-30
CORR 2017-08-15 0.750 --- 2017-08-02 2017-08-17 2017-08-31

Earnings Press Releases


Below are the Earnings Press Releases for CORR. To see the complete Earnings Report please visit the sec.gov.

Year Quarter Title
2022 Q1 CorEnergy Announces First Quarter 2022 Results
2021 Q4 CorEnergy Announces 2021 Results and 2022 Outlook

Financial Statements Overview


Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Current Cash 113,713,646 119,054,407 120,863,643 120,430,110
Receivables 0 0 0 0
Inventory 0 0 0 0
Current Assets 0 0 0 0
Current Assets (Other) 0 0 0 0
Short Term Investments 0 0 0 0
Long-term Investments 0 0 0 0
Property, Plant & Equipment Net 105,358,280 106,025,792 106,930,677 107,640,017
Goodwill 1,718,868 1,718,868 1,718,868 1,718,868
Intangible Assets 0 0 0 0
Other Assets 2,066,530 2,872,650 32,759,410 32,632,290
Net Tangible Assets 158,537,366 298,964,047 473,301,703 472,533,712
Total Assets 301,932,599 476,349,423 654,444,546 658,639,557
Accounts Payable 0 0 0 0
Liabilities (Other) 13,439,910 11,357,270 14,487,730 15,310,410
Current Liabilities (Other) 0 0 0 0
Total Current Liabilities 0 0 0 0
Current Long-term Debt 0 5,200,445 5,612,178 9,025,251
Long-term Debt 114,679,280 145,795,595 146,497,248 147,212,762
Total Liabilities 139,957,497 173,947,640 177,705,107 182,668,109
Minority Interest 0 0 0 0
Common Stock 13,651,521 13,651,521 13,638,916 13,534,856
Retained Earnings -309,035,777 -171,601,344 -9,611,872 -19,419,600
Treasury Stock 0 0 0 0
Capital Surplus 345,726,877 348,719,125 360,844,497 369,884,338
Shareholder Equity 161,975,102 302,401,783 476,739,439 475,971,448

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Total Revenue 9,966,987 20,973,311 21,709,485 21,081,244
Cost of Revenue 4,885,061 7,022,296 7,022,406 6,761,536
Gross Profit 5,081,926 13,951,015 14,687,079 14,319,708
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 9,118,692 40,097,562 9,514,752 9,255,776
Operating Income 756,000 -19,230,950 12,194,730 11,825,470
Income Expense Net (Other) -138,264,260 -142,836,140 -2,569,712 -31,337,776
EBIT 756,000 -19,230,950 12,194,730 11,825,470
Interest Income 2,920,424 2,885,583 2,996,512 2,777,122
Pretax Income -137,508,260 -162,067,090 9,625,018 -19,512,306
Income Tax -73,827 -24,722 -182,710 -92,706
Minority Interest 0 0 0 0
Net Income -137,434,433 -162,042,368 9,807,728 -19,419,600
Net Income Basic -139,744,105 -164,303,161 7,493,948 -21,733,380

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Net Income -137,434,433 -162,042,368 9,807,728 -19,419,600
Depreciation 3,639,944 5,624,084 5,956,327 5,935,382
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change -5,340,761 -1,809,236 433,533 61,622,679
Cash Flow 4,654,089 11,767,712 14,175,537 18,288,044
Capital Expenditures -72,113 -13,031 -61,368 -285,013
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -53,780 19,469 -21,868 -252,513
Dividends Paid -2,992,248 -12,552,420 -12,465,377 -12,462,468
Net Borrowings -6,948,822 -882,000 -1,254,759 36,533,382
Cash Flow Financing -9,941,070 -13,596,417 -13,720,136 43,587,148
Financing Cash Flows (Other) 0 0 0 19,516,234
Exchange Rate Effect 0 0 0 0

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.7
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.7
1 Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.2
Rating AFFO & Efficiency Section Avg. Rating
6 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 7.0
4 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 7.5
Rating Leverage Section Avg. Rating
3 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 6.5
2 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 6.9
0 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.6
8 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
9 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
9 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 7.2
Rating Asset & Revenue Section Avg. Rating
2 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 7.7
3 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 7.0
Rating Properties Section Avg. Rating
6 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
1 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 4.0
3.9 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2022-08-09 - v3.4