CorEnergy Infrastructure (CORR) Misses Q2 EPS by 15c
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CorEnergy Announces Second Quarter 2021 Results
August 9, 2021 8:00 AM EDTKANSAS 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, 2021.
Second Quarter 2021 and Recent Highlights
Reported consolidated revenue of $32.3 million for the three months ended June 30, 2021, the first full quarter of consolidated financial statements following the Company's transaction with Crimson Midstream Holdings. Increased tariffs 10% on substantially all of Crimson's regulated pipelines, with all rate increases effective on or before August 1, 2021. Simplified the companys capitalization with (i) the conversion of... More