Stifel Downgrades CorEnergy Infrastructure Trust (CORR) to Hold

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Go back to Stifel Downgrades CorEnergy Infrastructure Trust (CORR) to Hold

CorEnergy Releases Second Quarter 2016 Results

August 9, 2016 6:00 AM EDT

KANSAS CITY, Mo.--(BUSINESS WIRE)-- CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) (CorEnergy or the Company) today announced financial results for the second quarter ended June 30, 2016.

Recent Developments

Delivered Net Income of $0.66 per common share (basic), NAREIT Funds from Operations (NAREIT FFO)1 of $1.10 per share (basic), Funds from Operations (FFO)1 of $1.04 per share (basic) and Adjusted Funds from Operations (AFFO)1 of $1.12 per share (basic) Declared common stock dividend of $0.75 per share ($3.00 annualized) in the second quarter Completed... More