Market Capitalization (Millions $) |
0 |
Shares
Outstanding (Millions) |
16 |
Employees |
- |
Revenues (TTM) (Millions $) |
134 |
Net Income (TTM) (Millions $) |
-11 |
Cash Flow (TTM) (Millions $) |
-94 |
Capital Exp. (TTM) (Millions $) |
29 |
Corenergy Infrastructure Trust Inc
Corenergy Infrastructure Trust Inc. is a real estate investment trust (REIT) that primarily invests in midstream and downstream energy infrastructure assets in North America. The company's objective is to provide its shareholders with stable and growing cash flows through investments in energy infrastructure assets with long-term contracts.
Corenergy's portfolio consists of assets such as natural gas transmission pipelines, gathering systems, storage facilities, and power generation plants. The company's primary focus is on assets that have long-term contracts with creditworthy counterparties, providing stable and predictable cash flows to investors.
The company's investment strategy is to acquire assets that have attractive returns on investment, long-term contracts, and predictable cash flows. Corenergy's management team has extensive experience in the energy and infrastructure sectors, enabling the company to identify and acquire high-quality assets and manage them efficiently.
The company's revenue streams come from the fees and revenues generated by its ownership of infrastructure assets. The fees are based on contracted rates, and the revenues come from the sale of energy or other products from the infrastructure assets.
Corenergy's financial strategy is to maintain a strong and flexible balance sheet, with a focus on minimizing debt and maintaining a high-quality credit rating. The company uses its cash flows to invest in assets that will generate additional cash flows and to pay its shareholders a stable dividend.
Overall, Corenergy Infrastructure Trust Inc is a well-managed, financially sound, and highly focused energy infrastructure REIT. Its assets are known for generating strong cash flows, and its strategy of acquiring long-term investment-grade contracts with creditworthy counterparties makes it an attractive investment opportunity for investors seeking stable and predictable cash flows.
Company Address: 1100 Walnut, Ste. 3350 Kansas City, 64106 MO
Company Phone Number: 875-3705 Stock Exchange / Ticker: NYSE CORR
CORR is expected to report next financial results on March 28, 2024. |
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