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June 02, 2015 12:32 PM ET

Real Estate Investment Trusts (REITs)

Company Overview of CorEnergy Infrastructure Trust, Inc.

Company Overview

CorEnergy Infrastructure Trust, Inc. is a trust launched and managed by Corridor InfraTrust Management, LLC. The trust primarily owns midstream and downstream U.S. energy infrastructure assets subject to long-term triple net participating leases with energy companies. The assets include pipelines, storage tanks, transmission lines and gathering systems. It was previously known as Tortoise Capital Resources Corp. CorEnergy Infrastructure Trust, Inc. was formed on September 8, 2005 and is domiciled in the United States.

4200 West 115th Street

Suite 210

Leawood, KS 66211

United States

Founded in 2005

Phone:

913-387-2790

Fax:

913-387-2791

Key Executives for CorEnergy Infrastructure Trust, Inc.

Chief Executive Officer, President, Director, Chairman of Investment Committee and Member of Executive Committee
Age: 53
Principal Financial Officer, Chief Accounting Officer, Treasurer and Secretary
Age: 53
Senior Vice President
Senior Vice President
Assistant Secretary
Compensation as of Fiscal Year 2014.

CorEnergy Infrastructure Trust, Inc. Key Developments

CorEnergy Infrastructure Trust, Inc. Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2015

CorEnergy Infrastructure Trust, Inc. announced unaudited consolidated financial results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $13,987,883 against $10,047,557 a year ago. Operating income was $4,924,234 against $2,537,525 a year ago. Income before income taxes was $4,817,168 against $3,009,786 a year ago. Net income attributable to the company was $3,349,128 or $0.07 per basic and diluted share against $2,105,159 or $0.07 per basic and diluted share a year ago. Net cash provided by operating activities was $6,161,545 against $8,115,288 a year ago. Purchases of property and equipment were $16,464. NAREIT funds from operations were $6,971,163 or $0.15 per share against $4,825,341 or $0.16 per share a year ago. Funds from operations adjusted for securities investments were $6,500,271 or $0.14 per share against $4,535,932 or $0.15 per share a year ago. Adjusted funds from operations (AFFO) were $6,984,084 or $0.15 per share against $4,201,846 or $0.14 per share a year ago. Adjusted EBITDA attributable to common stockholders was $7,514,528 or $0.16 per basic and diluted share against $5,224,405 or $0.17 per basic and diluted share a year ago. Basic and diluted book value per share was $6.57 against $7.01 a year ago.

CorEnergy Infrastructure Trust, Inc. Declares Dividend on Common Stock for the First Quarter of 2015, Payable on May 29, 2015; Declares Preferred Stock Dividend the Quarter Ending March 31, 2015, Payable on June 1, 2015

CorEnergy Infrastructure Trust, Inc. announced that its Board of Directors declared the 2015 first quarter dividend of $0.135 per share or $0.54 cents per share annualized for CorEnergy common stock, an increase of nearly 4%. The first quarter common stock dividend is payable on May 29, 2015 to shareholders of record on May 15, 2015. The Board of Directors also declared a cash dividend of $0.635069444 per depositary share for the company’s 7.375% Series A Cumulative Redeemable Preferred Stock for the quarter ending March 31, 2015. The preferred stock dividend, which equates to an annual dividend payment of $1.84375 per depositary share, is payable on June 1, 2015 to shareholders of record on May 15, 2015.

CorEnergy Infrastructure Trust, Inc. to Report Q1, 2015 Results on May 11, 2015

CorEnergy Infrastructure Trust, Inc. announced that they will report Q1, 2015 results at 10:36 PM, GMT Standard Time on May 11, 2015

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