CORENERGY INFRASTRUCTURE TR INC
OOTC:CRNG1.01
USD
-0.01
(-0.98%)
ISIN
US21870U8743
CUSIP
21870U874
Return %
Stock
S&P 500
1Y
-84.46
13.14
3Y
- -
80.78
5Y
- -
67.74
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Robert L. Waldron
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Kansas City United States
- Website
- corenergy.reit
- Similar Companies
- Business
- CorEnergy Infrastructure Trust, Inc. is an energy infrastructure company and real estate investment trust focused on the ownership, operation, and acquisition of regulated midstream assets. The company provides a comprehensive suite of energy transportation, logistics, and utility services, including pipeline transportation of crude oil; gathering, blending, and batching services for petroleum producers; interstate natural gas transmission and delivery; local natural gas distribution and utility utility supply; storage terminaling and liquid handling; pipeline interconnection, metering, and integrity management; and long-term infrastructure leasing under fee-based, regulated tariff structures. CorEnergy conducts its primary transportation operations through core operating subsidiaries, notably Crimson Midstream Holdings LLC, which operates extensive crude gathering and trunk pipeline networks across California, including the San Joaquin Valley, Los Angeles Basin, and Ventura County regions, serving major petroleum refineries, exploration and production companies, and industrial off-takers. Founded in 2005 and headquartered in Kansas City, Missouri, the company historically operated additional natural gas transmission and distribution assets, such as the MoGas and Omega pipeline systems across Missouri and Illinois. In recent corporate developments, CorEnergy completed a comprehensive financial and operational restructuring under Chapter 11 reorganization to significantly deleverage its balance sheet, eliminate outstanding senior notes and preferred equity burdens, and transition its publicly traded common equity to the over-the-counter market under the ticker symbol CRNG. As part of its strategic realignment, the company has refocused core business operations on its vital California pipeline infrastructure, implemented cost-optimization initiatives, and restructured its commercial agreements to support long-term operational sustainability.