Private company

CorEnergy Infrastructure Trust, Inc.

CorEnergy Infrastructure Trust, Inc. is an American real estate investment trust based in Kansas City.2

Last updated Oct 20, 2026.

Overview

  • IndustryReal Estate Investment Trusts2
  • HeadquartersKansas City, United States2
  • Incorporated inMD3
  • Business address1100 Walnut, Suite 3350, Kansas City, Mo 641063
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formINCORPORATED2
  • LEI549300RWMFYIPNXWXM782
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O The Corporation Trust Incorporated, 21201 Baltimore, United States2

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CorEnergy Infrastructure Trust, Inc. ("CorEnergy") was organized as a Maryland corporation and commenced operations on December 8, 2005. As used in this Annual Report on Form 10-K, the terms "we", "us", "our" and the "Company" refer to CorEnergy and its subsidiaries.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

-194.8%Operating margin6
-209.8%Net margin6
-1.6%Revenue growth, 20236

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Other costs86¢$112.6M
  • Interest14¢$18.1M
  • Income tax1¢$840.6K

Out of $131.6M in revenue.6 The company lost money this year.

Where each dollar of operating cash went, fiscal 2023

  • Kept or used elsewhere100¢$6.4M

Out of $6.4M of cash from operations.6

Financial statements

Revenue789106$131.6M in 2023+48% since 2017
0$50.0M$100.0M$150.0M2017: $88.7M$88.7M20172018: $89.2M$89.2M2018+1%2019: $85.9M$85.9M2019−4%2020: $11.3M$11.3M2020−87%2021: $128.1M$128.1M2021+1030%2022: $133.6M$133.6M2022+4%2023: $131.6M$131.6M2023−2%
Operating income789106-$256.3M in 2023
-$400.0M-$300.0M-$200.0M-$100.0M0$100.0M2017: $47.2M$47.2M20172018: $44.1M$44.1M2018−7%2019: $47.5M$47.5M2019+8%2020: -$307.9M-$307.9M20202021: $14.4M$14.4M20212022: $5.8M$5.8M2022−60%2023: -$256.3M-$256.3M2023
Net income789106-$276.1M in 2023
-$400.0M-$300.0M-$200.0M-$100.0M0$100.0M2017: $32.6M$32.6M20172018: $43.7M$43.7M2018+34%2019: $4.1M$4.1M2019−91%2020: -$306.1M-$306.1M20202021: -$5.4M-$5.4M2021−98%2022: -$12.8M-$12.8M2022+136%2023: -$276.1M-$276.1M2023+2064%
Fiscal year2017201820192020202120222023
Revenue$88.7M7$89.2M8$85.9M9$11.3M10$128.1M6$133.6M6$131.6M6
Cost of revenue$6.7M7$7.2M8$5.2M8$6.1M8
Operating expenses$113.8M6$127.9M6$387.9M6
Operating income$47.2M7$44.1M8$47.5M9-$307.9M10$14.4M6$5.8M6-$256.3M6
Interest$12.4M7$12.8M8$10.6M9$10.3M10$12.7M6$13.9M6$18.1M6
Income before tax$1.5M6-$7.8M6-$273.7M6
Income tax$2.3M7-$2.4M8$234.6K9-$84.9K10$4.1M6$1.7M6-$840.6K6
Net income$32.6M7$43.7M8$4.1M9-$306.1M10-$5.4M6-$12.8M6-$276.1M6
Earnings per share$2.077$2.868-$0.409-$23.0910-$1.449
Earnings per share (diluted)$2.077$2.798-$0.409-$23.0910-$1.449
Shares (weighted, basic)14.6M shares9
Shares (weighted, diluted)14.6M shares9

Compare CorEnergy Infrastructure Trust, Inc. with another company

Corporate structure

CorEnergy Infrastructure Trust, Inc. sits at the top of its group. 12 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • CorEnergy Infrastructure Trust, Inc. Kansas City, Kansas, United States
    • Cardinal Pipeline, L.P. Subsidiary · California, United States
    • Corridor InfraTrust Management, Inc. Subsidiary · Delaware, United States
    • Corridor Leeds Path West, Inc. Subsidiary · Delaware, United States
    • Crimson California Pipeline, L.P. Subsidiary · Delaware, United States
    • Crimson Midstream Holdings. LLC Subsidiary · Delaware, United States
    • Crimson Midstream I Corporation Subsidiary · Delaware, United States
    • Crimson Midstream Operating, LLC Subsidiary · Delaware, United States
    • Crimson Midstream Services, LLC Subsidiary · Delaware, United States
    • Crimson Pipeline, LLC Subsidiary · California, United States
    • Four Wood Corridor, LLC Subsidiary · Delaware, United States
    • San Pablo Bay Pipeline Company, LLC Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC. Each entity in the chart links to its source.

What it owns

What CorEnergy Infrastructure Trust, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Operating-lease assets (leased space)$6.1M6 Dec 31, 2023$4.7M6 Dec 31, 2022+28.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$13.3M6 Dec 31, 2023$17.8M6 Dec 31, 2022−25.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$06 Dec 31, 2023$06 Dec 31, 2022

Inventory

ItemLatestA year beforeChange
Inventory, total$2.3M6 Dec 31, 2023$6.0M6 Dec 31, 2022−61.6%

Leadership

Who has led CorEnergy Infrastructure Trust, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. David J. Schulte2007–2024

Chair

  1. David J. Schulte2019–2022

President

  1. David J. Schulte2007–2022
  2. Larry W. Alexander2021–2022
  3. Richard C. Kreul2022–2023
  4. Robert L. Waldron2023–2024

Chief financial officer

  1. Terry Matlack2007–2011
  2. Robert L. Waldron2021–2024

Chief operating officer

  1. John D. Grier2021–2024
2010201520202025
Board members and other officers (18)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Cardinal Pipeline, L.P. California4
  • Corridor InfraTrust Management, Inc. Delaware4
  • Corridor Leeds Path West, Inc. Delaware4
  • Crimson California Pipeline, L.P. Delaware4
  • Crimson Midstream Holdings. LLC Delaware4
  • Crimson Midstream I Corporation Delaware4
  • Crimson Midstream Operating, LLC Delaware4
  • Crimson Midstream Services, LLC Delaware4
  • Crimson Pipeline, LLC California4
  • Four Wood Corridor, LLC Delaware4
  • San Pablo Bay Pipeline Company, LLC Delaware4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • TORTOISE CAPITAL RESOURCES CORPDec 15, 2005 to Nov 14, 20123

Timeline

  1. May 10, 20248-K Change of auditor40
  2. Apr 17, 20248-K Results of operations; Impairment41
  3. Feb 26, 20248-K Entered a material agreement; Bankruptcy or receivership; Debt or obligation accelerated42
  4. Feb 16, 20248-K Debt or obligation accelerated43
  5. Jan 25, 20248-K Completed an acquisition or sale; Regulation FD disclosure44
  6. Dec 4, 20238-K Listing notice or transfer; Regulation FD disclosure45
  7. Nov 7, 20238-K Results of operations46
  8. Oct 26, 20238-K Regulation FD disclosure47
  9. Sep 13, 20238-K Listing notice or transfer; Regulation FD disclosure48
  10. Aug 14, 20238-K Results of operations49
  11. Jun 6, 20238-K Regulation FD disclosure50
  12. May 25, 20238-K Entered a material agreement51
  13. Feb 6, 2007New chief executive David J. Schulte becomes CEO16

Calendar

When it reported results

  1. Apr 17, 2024Reported quarterly or annual results41
  2. Nov 7, 2023Reported quarterly or annual results46
  3. Aug 14, 2023Reported quarterly or annual results49
  4. May 11, 2023Reported quarterly or annual results52
  5. Mar 7, 2023Reported quarterly or annual results53
  6. Nov 10, 2022Reported quarterly or annual results54
  7. Aug 11, 2022Reported quarterly or annual results55
  8. May 12, 2022Reported quarterly or annual results56

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

115 filings to the SEC since October 2021: 3 annual reports, 7 quarterly reports, 44 major events, 36 insider forms, 25 other. The latest 20:

  1. May 14, 202415-12G EDGAR
  2. May 14, 202410-K EDGAR
  3. May 10, 20248-K EDGAR
  4. Apr 17, 20248-K EDGAR
  5. Apr 1, 2024NT 10-K EDGAR
  6. Mar 15, 20244 PRIMARY DOCUMENT EDGAR
  7. Mar 15, 20244 PRIMARY DOCUMENT EDGAR
  8. Mar 15, 20244 PRIMARY DOCUMENT EDGAR
  9. Mar 15, 20244 PRIMARY DOCUMENT EDGAR
  10. Mar 11, 2024EFFECT EDGAR
  11. Mar 11, 2024EFFECT EDGAR
  12. Mar 11, 2024EFFECT EDGAR
  13. Mar 11, 2024EFFECT EDGAR
  14. Mar 11, 2024EFFECT EDGAR
  15. Mar 11, 2024POS AM EDGAR
  16. Mar 11, 2024POS AM EDGAR
  17. Mar 11, 2024POS AM EDGAR
  18. Mar 11, 2024POS AM EDGAR
  19. Mar 11, 2024POS AM EDGAR
  20. Feb 29, 2024EFFECT EDGAR

The 115 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

3 open-market trades by officers, directors and large owners since October 2021: 1 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 15, 2021CICCOTELLO CONRAD SDirectorBuy3,000$3.10$9.3KForm 4
Nov 12, 2021SCHULTE DAVID JChief Executive OfficerSale40,107$24.30$974.6KForm 4
Nov 12, 2021SANDRING REBECCA MExecutive Vice PresidentSale8,937$24.30$217.2KForm 4

From Forms 4 filed with the SEC.

SEC filer profile

How CorEnergy Infrastructure Trust, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCorEnergy Infrastructure Trust, Inc.1
  • CIK0001347652
  • Employer ID (EIN)20-34313751
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inMaryland1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6798 Real Estate Investment Trusts1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address1100 Walnut, Suite 3350, Kansas City, MO 641061
  • Phone877-699-26771
  • Shares outstanding15,818,791 as of May 10, 20246
  • Public float$16.4M as of Jun 30, 20236
  • On EDGAR sinceDec 15, 20051
  • Filings930 in all: 8-K (391), 4 (155), 10-Q (51), 3 (33), SC 13G/A (29), CORRESP (24), UPLOAD (21), DEFA14A (20)1
    All 53 form types

    SC 13G (18), 10-K (17), DEF 14A (17), EFFECT (15), 5 (13), 424B5 (10), 3/A (8), 8-K/A (8), N-2/A (7), S-3/A (7), POS AM (6), PRE 14A (6), S-3 (6), 10-K/A (5), 4/A (5), 40-17G (5), N-2 (5), FWP (4), 10-Q/A (3), 424B2 (3), 497 (3), NT 10-K (3), 424B4 (2), 8-A12B (2), ARS (2), CERTNYS (2), CT ORDER (2), POS 8C (2), REGDEX (2), S-8 (2), S-8 POS (2), 15-12G (1), 25-NSE (1), 305B2 (1), 40-17G/A (1), 424B3 (1), DEFM14A (1), N-54A (1), N-54C (1), N-6F (1), NT 10-Q (1), PREM14A (1), REGDEX/A (1), S-3D (1), S-3DPOS (1)

  • Latest filingsAnnual report (10-K) May 14, 2024
    Quarterly report (10-Q) Nov 7, 2023
    Proxy statement (DEF 14A) Apr 18, 2023
    Latest 8-K (8-K) May 10, 2024

Sources

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