CorEnergy Infrastructure Trust, Inc. Stock News

KANSAS CITY, Mo.--(BUSINESS WIRE)---- $CORR--CorEnergy Infrastructure Trust, Inc. (“CorEnergy” or the “Company”) today announced the successful completion of its reorganization process and emergence from Chapter 11 protection effective June 12, 2024 (the “Effective Date”). CorEnergy emerges with significantly less debt and a simplified capital structure which is better aligned to current market...

KANSAS CITY, Mo.--(BUSINESS WIRE)---- $CORR--CorEnergy Infrastructure Trust, Inc. (OTC Pink: CORRQ, CORRL) (“CorEnergy” or the “Company”) announced that the U.S. Bankruptcy Court for the Western District of Missouri (the “Court”) confirmed its Chapter 11 Plan of Reorganization (the “Plan”) on May 24, 2024. Creditors and existing preferred equity holders entitled to vote overwhelmingly supported...

The REIT sector had a rough start to 2024 with a -5.72% total return in January. Large cap REITs (-4.79%) outperformed their smaller peers in January. Micro cap REITs (-8.39%) averaged the steepest declines. Only 9.55% of REIT securities had a positive total return in January.

KANSAS CITY, Mo.--(BUSINESS WIRE)---- $CORR--CorEnergy Infrastructure Trust, Inc. (OTC Pink: CORR, CORRL) (“CorEnergy” or the “Company”) today announced that it has reached an agreement with certain of its noteholders on a comprehensive financial restructuring that will reduce debt and restructure its balance sheet. The Ad Hoc Group of Noteholders, whose members hold approximately 90% of CorEne...

Businesses join Spire's existing midstream infrastructure. ST. LOUIS , Jan. 19, 2024 /PRNewswire/ -- Spire Inc. (NYSE: SR) today announced it has completed its acquisition of MoGas Pipeline (MoGas), an interstate natural gas pipeline, and Omega Pipeline (Omega), a connected gas distribution system, from CorEnergy Infrastructure Trust, Inc. (OTC: CORR, CORRL).

KANSAS CITY, Mo.--(BUSINESS WIRE)---- $CORR--CorEnergy Infrastructure Trust, Inc. (OTC: CORR, CORRL) ("CorEnergy" or the "Company") today closed the sale of its MoGas and Omega pipeline systems (together, the “MoGas System”) to Spire Midstream, a subsidiary of Spire Inc. (NYSE: SR). The MoGas System is an interstate natural gas transmission and distribution system providing service to markets i...

The REIT sector closed the year out strong with a +11.40% total return in December, pushing into positive territory for the full year (+8.66%). Small cap REITs (+13.39%) outperformed in December. Large cap REITs (+9.55%) averaged a lower return than their smaller peers. 90.79% of REIT securities had a positive total return in December with 66.25% in the black for the full year.

KANSAS CITY, Mo.--(BUSINESS WIRE)---- $CORR--CorEnergy Infrastructure Trust, Inc. (OTC: CORR, CORRL) ("CorEnergy" or the "Company") today announced that on December 1, 2023 it received notice that the New York Stock Exchange (“NYSE”) has determined to suspend trading of and commenced proceedings to delist shares of CorEnergy's common and preferred stock. The notice was issued because the Compan...