CORR News and Press, CorEnergy Infrastructure Trust Inc. From 03/08/23

2023-03-08 15:08:07 ET Summary Brookfield Property Partners was taken private by the mothership. The preferreds have been left hanging. Current consensus is that the distribution is well covered and Brookfield won't tarnish its name by suspending distributions. One of the ...

2023-03-07 12:39:07 ET CorEnergy Infrastructure Trust, Inc. (CORR) Q4 2022 Earnings Conference Call March 07, 2023, 11:00 AM ET Company Participants Matt Kreps - Investor Relations David Schulte - Chairman and Chief Executive Officer Robert Waldron - President an...

2023-03-07 08:07:41 ET CorEnergy Infrastructure Trust press release ( NYSE: CORR ): Q4 Net loss of $553K Revenue of $36.3M (+1.4% Y/Y). Adjusted EBITDA (a non-GAAP financial measure) of $9.4 million. 2023 Outlook: Expected Adjusted EBITDA of $33-35 million incl...

CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") today announced financial results for the fourth quarter and year ended December 31, 2022. Fourth Quarter 2022 and Recent Developments Reported Total Revenue of $36.3 million for the three mont...

CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") announced today that it will report results for its fourth quarter and full year ended December 31, 2022, on March 7, 2023. CorEnergy will host a conference call on Tuesday, March 7, 2023, at 10:00 a.m. ...

Summary U.S. equity markets declined while benchmark interest rates jumped this week as hawkish commentary from Fed officials, heightened geopolitical tensions, and mixed corporate earnings results weighed on sentiment. Posting just its second weekly decline of the year, the S&P 500...

Summary Each round of successive results had forced us to dial up the caution on CorEnergy. On our last call, we took the controversial stance that the investors hiding in preferred shares are likely to face a cut at the same time as the common shares. That has come to pass. Let...

CorEnergy Infrastructure Trust ( NYSE: CORR ) said Monday it will suspend dividend payments on its common stock and its 7.375% Series A cumulative redeemable preferred stock. The board said it is suspending dividends due to a combination of declining volumes and increased costs in...

Expects to Release Full-Year 2022 Results and 2023 Outlook on March 7, 2023 CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") announced today that its Board of Directors has determined the Company will suspend dividend payments on its 7.375% Serie...

CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) ("CorEnergy" or the "Company") today announced the tax characterization of the 2022 distributions paid to stockholders. The following table summarizes, for income tax purposes, the nature of cash distributions paid by the Company duri...