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CorEnergy Infrastructure Trust Inc (CORR.N)

CORR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CorEnergy Agrees To Acquire Outstanding Minority Interest In Its Pinedale LGS
Monday, 4 Dec 2017 05:07pm EST 

Dec 4 (Reuters) - Corenergy Infrastructure Trust Inc ::CORENERGY ANNOUNCES AGREEMENT TO ACQUIRE OUTSTANDING MINORITY INTEREST IN ITS PINEDALE LGS AND A UTILITIES ENERGY SERVICE CONTRACT FOR FORT LEONARD WOOD.CORENERGY INFRASTRUCTURE TRUST INC - AGREED TO PURCHASE 18.95% EQUITY INTEREST IN ITS PINEDALE LIQUIDS GATHERING SYSTEM FOR $32.8 MILLION.CORENERGY INFRASTRUCTURE TRUST - ‍TRANSACTIONS WILL BE MODESTLY ACCRETIVE TO NET INCOME, ADJUSTED FUNDS FROM OPERATIONS​.CORENERGY INFRASTRUCTURE - PRUDENTIAL TO PROVIDE $41 MILLION OF ASSET LEVEL DEBT FINANCING, WHICH WILL BE USED TO PAY OFF PINEDALE, LP CREDIT FACILITY BALANCE.CORENERGY INFRASTRUCTURE TRUST INC - NEW DEBT FINANCING PROVIDED BY PRUDENTIAL WILL BE A FIXED RATE 5-YEAR TERM LOAN FACILITY.CORENERGY INFRASTRUCTURE TRUST INC - CO WILL USE PRO-RATA PROCEEDS FROM REPAYMENT OF CREDIT FACILITY TO FUND PURCHASE OF PRUDENTIAL'S EQUITY INTEREST.  Full Article

CorEnergy posts Q3 ‍adj. funds from operations $0.90​/shr
Wednesday, 1 Nov 2017 04:30pm EDT 

Nov 1 (Reuters) - CorEnergy Infrastructure Trust Inc :CorEnergy announces third quarter 2017 results.CorEnergy Infrastructure Trust Inc - qtrly ‍diluted funds from operations per share $0.89​.CorEnergy Infrastructure Trust Inc - qtrly diluted ‍adjusted funds from operations per share $0.90​.Q3 FFO per share view $1.04 -- Thomson Reuters I/B/E/S.  Full Article

CorEnergy qtrly funds from operations per share $0.93
Wednesday, 2 Aug 2017 04:31pm EDT 

Aug 2 (Reuters) - Corenergy Infrastructure Trust Inc ::Corenergy announces second quarter 2017 results and dividends.Corenergy Infrastructure Trust Inc qtrly funds from operations per share $0.93.Corenergy Infrastructure Trust Inc qtrly affo per share $0.94.Corenergy - evaluating infrastructure opportunities, anticipates transacting on one to two acquisitions per year in 2017 and 2018.Q2 FFO per share view $1.03 -- Thomson Reuters I/B/E/S.Corenergy - qtrly total revenue $21.8 million versus $22.0 million.  Full Article

CorEnergy Infrastructure announces Q1 FFO per share of $0.96
Wednesday, 3 May 2017 04:34pm EDT 

May 3 (Reuters) - CorEnergy Infrastructure Trust Inc :CorEnergy announces first quarter 2017 results.Q1 adjusted FFO per share $1.00.Q1 FFO per share $0.96.Q1 revenue $22.1 million.Evaluating broad set of infrastructure opportunities, anticipates transacting on one to two acquisitions per year in 2017 & 2018.Company targets revenue growth of 1-3% annually from existing contracts.Intends to continue paying quarterly dividends of $0.75 per share based on rents received.Anticipates transacting on one to two acquisitions per year in 2017 and 2018 with a target range of $50 to $250 million per project.Does not anticipate significant inflation-based or participating rents in 2017.Q1 nareit FFO per share $0.93.  Full Article

Corenergy prices offering of 7.375 pct Series A cumulative redeemable preferred stock
Wednesday, 12 Apr 2017 09:01am EDT 

Corenergy Infrastructure Trust Inc : Corenergy prices offering of 7.375% Series A cumulative redeemable preferred stock .Corenergy Infrastructure Trust Inc - Corenergy has agreed to sell 2.8 million depository shares at a public offering price of $25.00 per depositary share.  Full Article

Corenergy Infrastructure Trust reports follow-on offering of 7.375 pct series A preferred stock
Tuesday, 11 Apr 2017 04:20pm EDT 

Corenergy Infrastructure Trust Inc : Corenergy announces follow-on offering of 7.375 pct series A cumulative redeemable preferred stock .Corenergy Infrastructure Trust Inc - intends to use net proceeds from offering to repay indebtedness under its credit facility.  Full Article

CorEnergy announces fiscal 2016 results
Wednesday, 1 Mar 2017 05:49pm EST 

Corenergy Infrastructure Trust Inc : Corenergy announces fiscal 2016 results .Corenergy infrastructure-anticipates transacting on one to two acquisitions/year in 2017 and 2018, with a target range of $50 to $250 million per project.  Full Article

CorEnergy Infrastructure Trust enters deal with EXXI USA, ENERGY EXXI
Monday, 9 Jan 2017 04:28pm EST 

Corenergy Infrastructure Trust Inc : Corenergy Infrastructure Trust - unit executed 2 agreements, both effective as of dec 30 2016 , relating to chapter 11 bankruptcy of EXXI USA, ENERGY EXXI . Corenergy Infrastructure Trust - a new entity established by restructuring plan has become guarantor of certain obligations owed to grand isle .Corenergy Infrastructure Trust-EXXI USA, EXXI GC,Grand Isle entered assignment, assumption agreement whereby EXXI GC has assumed rights, obligations of EXXI USA.  Full Article