- CorEnergy Infrastructure Trust (NYSE:CORR): Q4 FFO of -$0.21 beats by $0.07.
- Revenue of $5.88M (-72.9% Y/Y) beats by $1.26M.
Outlook: Revenue expected to be $130-$135M; EBITDA of $50-$52M; Maintenance capex of $10-$11M; Initial annualized dividend of $0.20, targeting $0.35-$0.40 upon a return to pre-COVID market conditions; Total leverage at closing of 4.4x expected EBITDA; senior secured leverage of 2.1x
- Press Release
CorEnergy Infrastructure Trust FFO beats by $0.07, beats on revenue
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About CORRQ Stock
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| Symbol | Last Price | % Chg |
|---|---|---|
| CORRQ | - | - |
| CorEnergy Infrastructure Trust, Inc. | ||