CORR
- CorEnergy Infrastructure Trust, Inc.
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Overview
Company Summary
CorEnergy Infrastructure Trust, Inc. (CORR) is a real estate investment trust (REIT) that specializes in the acquisition, ownership, and management of energy infrastructure assets. The company primarily focuses on acquiring and leasing midstream and downstream assets in the energy sector.
CORR's core business strategy involves partnering with energy companies to provide essential infrastructure for the transportation, storage, and processing of oil, gas, and other energy products. These infrastructure assets typically include pipeline systems, storage terminals, and other related facilities.
By investing in energy infrastructure, CORR aims to generate stable and recurring cash flows through long-term lease agreements with its tenants. The company's tenants are typically reputable energy companies operating in various regions across the United States.
As a REIT, CORR is governed by specific tax regulations. By adhering to these regulations and distributing at least 90% of its taxable income to shareholders, the company can enjoy certain tax advantages while providing an attractive income stream to its investors.
Overall, CORR's business model is centered around owning and leasing energy infrastructure assets, allowing the company to participate in the growth and stability of the energy sector while providing consistent returns to its shareholders.