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CORENERGY INFRASTRUCTURE TRUST, INC.

CIK: 1347652 SIC: 6798
$131.57M
Revenue
$-276.07M
Net Income
33.45%
Gross Margin
-194.83%
Op. Margin
$5.95M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 11 of 11 annual reports available (2012 - 2023)
Breakdown TTM
(Dec 31, 2023)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2012
(Nov 30, 2012)
+ Total Revenue $131.57M $131.57M $133.65M $128.13M $11.34M $85.95M $89.23M $88.75M $89.25M $71.29M $40.31M $10.57M
Revenue Growth % 0.0% -1.6% 4.3% 1030.1% -86.8% -3.7% 0.5% -0.6% 25.2% 76.9% 281.2% nan%
Cost of Revenue $87.56M $87.56M $73.20M $66.34M $6.06M $5.24M $7.21M $6.73M $6.46M $2.82M $7.29M $6.08M
+ Gross Profit $44.01M $44.01M $60.45M $61.79M $5.28M $80.70M $82.02M $82.02M $82.79M $68.47M $33.02M $4.50M
Gross Margin % 33.5% 33.5% 45.2% 48.2% 46.6% 93.9% 91.9% 92.4% 92.8% 96.0% 81.9% 42.5%
Operating Expenses $387.90M $387.90M $127.85M $113.76M $319.21M $38.42M $45.16M $41.56M $46.27M $49.73M $29.66M $10.82M
+ Operating Income $-256.33M $-256.33M $5.80M $14.37M $-307.87M $47.52M $44.07M $47.19M $42.98M $21.56M $10.65M $-243.70K
Operating Margin % -194.8% -194.8% 4.3% 11.2% -2715.4% 55.3% 49.4% 53.2% 48.2% 30.2% 26.4% -2.3%
Interest Expense $18.09M $18.09M $13.93M $12.74M $10.30M $10.58M $12.76M $12.38M $14.42M $9.78M $3.68M $81.12K
Other Income/Expense $-8.08M $749.42K $283.22K $769.68K $471.45K $-43.21M $-2.77M $-10.50M $-12.45M $-9.57M $-2.30M $19.82M
Income Before Tax $-273.67M $-273.67M $-7.85M $1.54M $-306.15M $4.31M $41.29M $36.68M $30.53M $11.99M $8.34M $19.58M
Income Tax Expense $-840.64K $-840.64K $1.67M $4.07M $-84.86K $234.62K $-2.42M $2.35M $-464.42K $-1.95M $-225.56K $7.23M
+ Net Income $-276.07M $-276.07M $-12.76M $-11.53M $-306.07M $4.08M $43.71M $32.60M $29.66M $12.32M $7.01M $12.35M
Net Margin % -209.8% -209.8% -9.5% -9.0% -2699.5% 4.7% 49.0% 36.7% 33.2% 17.3% 17.4% 116.8%
Basic EPS nan nan nan -1.44 -23.09 -0.40 2.86 2.07 2.14 0.79 1.06 nan
Diluted EPS nan nan nan -1.44 -23.09 -0.40 2.79 2.07 2.14 0.79 1.06 nan
Basic Shares Outstanding - - - 14.6M 13.7M 13.0M 11.9M 11.9M 11.9M 10.7M 6.6M -
Diluted Shares Outstanding - - - 14.6M 13.7M 13.0M 15.4M 11.9M 11.9M 10.7M 6.6M -
Breakdown FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2012
(Nov 30, 2012)
Cash & Cash Equivalents $13.29M $17.83M $12.50M $99.60M $120.86M $69.29M $15.79M $7.90M $14.62M $7.58M $14.33M
Short-term Investments - - - - - - - - - - $55.22M
Accounts Receivable - - - - - - - $19.42M $10.43M $3.60M $1.57M
Inventory $2.28M $5.95M $3.95M $87.94K - - - - - - -
Other Current Assets $8.85M $9.48M $9.08M $2.23M $804.34K $668.58K $742.15K $354.23K $491.02K $380.30K -
Property Plant & Equipment - - - - $106.86M $109.88M $113.16M $116.41M $119.63M $122.82M $3.59M
Goodwill - - $16.21M $1.72M $1.72M $1.72M $1.72M $1.72M $1.72M $1.72M -
Intangible Assets - - - - - - - - - $72.99K $681.19K
Total Assets $229.10M $494.96M $508.59M $284.95M $651.46M $624.88M $633.42M $650.73M $678.49M $443.82M $111.43M
Deferred Tax Liabilities - $1.29M - - - - - - - $1.26M -
Total Liabilities $262.05M $255.30M $244.96M $135.55M $174.72M $169.87M $171.63M $216.82M $234.30M $106.27M $12.58M
Common Stock - - - $13.65K $13.64K $11.96K $11.92K $11.89K $11.94K $46.60K $9.19K
Retained Earnings $-609.90M $-333.79M $-327.16M $-315.63M $-9.61M $9.15M - - - - $5.71M
Total Stockholders Equity $-153.08M $122.77M $140.69M $149.40M $476.74M $455.01M $461.79M $406.47M $418.03M $310.45M $98.86M
Total Liabilities & Equity $229.10M $494.96M $508.59M $284.95M $651.46M $624.88M $633.42M $650.73M $678.49M $443.82M $111.43M
Breakdown TTM
(Dec 31, 2023)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2012
(Nov 30, 2012)
Net Income $-276.07M $-276.07M $-12.76M $-11.53M $-306.07M $4.08M $43.71M $32.60M $29.66M $12.32M $7.01M $12.35M
Depreciation & Amortization $25.41M $14.11M $16.08M $16.41M $14.92M $23.81M $26.36M $25.71M $24.55M $20.66M $14.29M -
Stock-based Compensation $386.83K $304.86K $612.12K $22.50K - - $67.50K $67.50K $60.00K $90.00K $30.00K -
Deferred Income Tax $-879.05K $-867.45K $1.50M $4.08M $310.99K $354.64K $-1.83M $-486.34K $-151.31K $-2.87M $-4.07M $7.20M
Change in Receivables - - - - - - - - - - $178.10K $167.30K
Change in Inventory $-2.81M $-3.52M $2.00M $2.18M - - - - - - - -
Operating Cash Flow $5.95M $6.43M $29.88M $17.30M $10.38M $61.78M $48.62M $56.79M $51.11M $42.60M $16.94M $9.65M
Capital Expenditure - - - - - - - - - - - $30.32K
Acquisitions - - - $69.00M - - - - - - - -
Investing Cash Flow $-27.50M $-16.11M $-11.14M $-83.59M $-2.13M $4.70M $56.82M $7.60M $479.09K $-244.61M $-177.08M $9.01M
Debt Repayment - - - - - $3.53M $3.53M $45.60M $60.13M $1.80M $2.94M $2.19M
Stock Issued - - - - - - - - - $73.18M $141.80M -
Stock Repurchased - - - - - - - - $2.04M - - -
Dividends Paid - - $2.20M $2.44M $12.29M $39.10M $34.28M $34.73M - - - $3.92M
Financing Cash Flow $5.27M $5.38M $-12.45M $-20.80M $-29.52M $-14.90M $-51.94M $-56.50M $-58.31M $209.05M $149.75M $-7.12M
Net Change in Cash $-16.29M $-4.31M $6.29M $-87.10M $-21.27M $51.58M $53.50M $7.89M $-6.72M $7.04M $-10.39M $11.54M
SEC Filing Format - Data shown as it appears in the Q3 2023 (10-Q) filing Period ended: Sep 30, 2023
Condensed Consolidated Statements of Operations
Description Sep 30, 2023 Sep 30, 2023
Current Prior Year Current YTD Prior Year YTD
Total Revenue $33.04M $32.96M $98.04M $97.36M
Operating Expenses $32.68M $45.01M $96.49M $96.24M
Operating Income $363.41K $-12.05M $1.55M $1.11M
Interest Expense $4.50M $3.48M $13.33M $9.97M
Other Income/Expense $-11.59K $76.05K $325.90K $332.62K
Income Before Tax $-4.15M $-15.46M $-11.45M $-8.53M
Income Tax Expense $162.84K $41.37K $-773.75K $437.71K
Net Income $-5.12M $-16.31M $-13.11M $-11.39M
Condensed Consolidated Balance Sheets
Description Sep 30, 2023 Dec 31, 2022
Cash & Cash Equivalents $3.05M $17.83M
Inventory $1.94M $5.95M
Other Current Assets $6.37M $9.48M
Total Assets $482.92M $494.96M
Deferred Tax Liabilities - $1.29M
Total Liabilities $253.82M $255.30M
Retained Earnings $-346.94M $-333.79M
Total Stockholders Equity $109.78M $122.77M
Total Liabilities & Equity $482.92M $494.96M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2023 Sep 30, 2023
Current Prior Year Current YTD Prior Year YTD
Net Income $-5.12M $-16.31M $-13.11M $-11.39M
Depreciation & Amortization - - $10.62M $12.00M
Stock-based Compensation - - $203.21K $384.38K
Deferred Income Tax $160.41K $6.18K $-785.89K $94.60K
Change in Inventory - - $-3.87M $2.05M
Operating Cash Flow - - $5.83M $27.00M
Investing Cash Flow - - $-13.37M $-5.19M
Dividends Paid - - - $1.64M
Financing Cash Flow - - $-1.05M $-12.70M
Net Change in Cash - - $-8.59M $9.11M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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