CorEnergy Infrastructure Trust
CorEnergy Infrastructure Trust is a U.S. energy infrastructure REIT that owns and operates approximately 2,000 miles of crude oil pipelines and rights-of-way in California through its wholly owned subsidiary Crimson Midstream, serving oil producers and refinery operators along the San Francisco Bay-to-Orange County corridor.
- Company typePrivate
- Founded2005
- HeadquartersKansas City, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What CorEnergy Infrastructure Trust does
CorEnergy Infrastructure Trust, Inc. is a publicly traded U.S. real estate investment trust (REIT) historically focused on owning, operating, and leasing energy infrastructure real assets. Branded as the first REIT focused on energy infrastructure in the United States, the company operated across multiple U.S. jurisdictions before concentrating its current footprint in California through its wholly owned subsidiary Crimson Midstream. Crimson has been operating in California since 2005 and owns approximately 2,000 miles of pipelines and associated rights-of-way stretching from the San Francisco Bay area down to Orange County. The company's physical assets include pipelines, storage tanks, transmission lines, and gathering systems, with the difficult-to-replicate right-of-way corridors cited as the primary source of competitive advantage and barriers to entry.
The trust's core business model centers on long-term contracted revenue from energy infrastructure counterparties, with cash flows intended to support a stable and growing cash dividend to investors under its REIT structure. Its primary customer segments are energy producers, midstream companies, and California refiners requiring crude oil transportation along the California corridor. Management is provided by Corridor InfraTrust Management, and the company is publicly listed on NYSE under the ticker CORR. In October 2025, the Board of Directors elected to forgo the REIT-required dividend to preserve cash given the company's current financial condition, triggering termination or revocation of the REIT election; the company is also awaiting resolution on matters pending before the California Public Utilities Commission.
In parallel with its crude oil transportation business, Crimson Midstream is pursuing repurposing of its extensive pipeline network and rights-of-way for alternative uses aligned with California's carbon reduction goals, positioning the corridor for potential energy transition roles. This pivot is largely narrative and pre-commercial in the available data. The company's financial disclosures indicate material distress, with no revenue figure available in the provided sources and a small employee base of 11-50, consistent with an asset-light operating model where infrastructure assets are managed by Corridor InfraTrust Management.
CorEnergy Infrastructure Trust firmographics
Firmographics- Name
- CorEnergy Infrastructure Trust
- Legal name
- CorEnergy Infrastructure Trust, Inc.
- Website
- https://corenergy.reit
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- CorEnergy Infrastructure Trust is a U.S. energy infrastructure REIT that owns and operates approximately 2,000 miles of crude oil pipelines and rights-of-way in California through its wholly owned subsidiary Crimson Midstream, serving oil producers and refinery operators along the San Francisco Bay-to-Orange County corridor.
- Ownership category
- akta.pro rank
CorEnergy Infrastructure Trust industry classification
Industry- Product category
- Energy Infrastructure / Midstream Pipeline Operations
- NAICS
- Pipeline Transportation of Crude Oil (4861), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Real Estate Investment Trusts (6798), Pipe Lines (No Natural Gas) (4610)
- akta.pro primary industry
- Infrastructure — Core (Brownfield) (FSAAAKAE)
- akta.pro secondary industries
- Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA), Real Assets — Infrastructure (Core/Core+, Brownfield/Greenfield) (FSAHAIAC)
Keywords
Where CorEnergy Infrastructure Trust is headquartered
LocationHeadquarters
- HQ city
- Kansas City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CorEnergy Infrastructure Trust business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Others
Revenue model
- Pipeline Infrastructure Leasing and Operations: Long-term contracted revenue from owning, operating, and leasing energy infrastructure assets including pipelines, storage tanks, transmission lines, and gathering systems. Revenue is generated through transportation fees and lease arrangements with energy sector counterparties.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
CorEnergy Infrastructure Trust product offering
Product offeringCore offering
CorEnergy Infrastructure Trust, Inc. is the first U.S. REIT focused on energy infrastructure. Through its wholly owned subsidiary Crimson Midstream, the company owns, operates, and leases approximately 2,000 miles of crude oil pipelines and associated rights-of-way spanning from the San Francisco Bay area to Orange County, California. The company also owns utility-like infrastructure assets including storage tanks, transmission lines, and gathering systems, generating long-term contracted revenue intended to provide investors with stable cash dividends.
Product overview
CorEnergy Infrastructure Trust, Inc. is a Real Estate Investment Trust (REIT) focused on energy infrastructure. The company operates through its wholly owned subsidiary Crimson Midstream, which provides crude oil transportation via approximately 2,000 miles of pipelines across California. The company also owns and operates utility-like infrastructure assets including storage tanks, transmission lines, and gathering systems, along with associated difficult-to-replicate right-of-way corridors. The trust's objective is to provide investors with stable and growing cash dividends supported by long-term contracted revenue.
Differentiator
Problem solved
Functional benefit
Products and services
- Crimson Midstream Crude Oil Transportation Services Crude oil transportation services for California oil producers and refineries operated through the wholly owned Crimson Midstream subsidiary, leveraging approximately 2,000 miles of pipelines and associated rights-of-way spanning from the San Francisco Bay area to Orange County, California.
- Energy Infrastructure Asset Leasing Long-term contracted leasing of utility-like energy infrastructure assets including pipelines, storage tanks, transmission lines, and gathering systems, along with associated rights-of-way, to enterprise counterparties in the energy sector under multi-year arrangements.
Companies that use CorEnergy Infrastructure Trust
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles3 records
CorEnergy Infrastructure Trust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
CorEnergy Infrastructure Trust partnerships and signals
Strategic signalScale indicators2 records
Recent moves7 records
Expansion highlights3 records
CorEnergy Infrastructure Trust competitors and assessment
Company assessmentDirect peers
- Phillips 66 Partners (now part of Phillips 66): Midstream MLP focused on crude oil and refined product pipelines serving refineries, including California assets. Directly comparable business model and customer base of refined product and crude logistics.
- MPLX: Midstream partnership gathering, transporting, and storing crude oil, natural gas, and NGLs. Directly comparable contracted midstream revenue model and infrastructure-asset focus.
- NextEra Energy Partners: Yieldco-style vehicle that owns contracted energy infrastructure assets, historically structured similarly to a yield-oriented infrastructure trust. Comparable in long-term contracted cash flow profile to investors.
- Energy Transfer: Major multi-commodity pipeline operator with crude oil transportation assets across the western U.S. Overlaps with CorEnergy in crude midstream services and long-haul pipeline infrastructure.
- Kinder Morgan: Largest natural gas and crude oil pipeline operator in California with similar long-haul corridor assets. Competes with Crimson Midstream for in-state crude gathering and transportation contracts with California refiners.
- Sunoco (SUN): Master limited partnership distributing and transporting crude and refined products across the U.S. Comparable long-haul pipeline transportation revenue model and customer base.
Broad incumbents
- Williams Companies: Large-scale pipeline operator focused on natural gas and energy infrastructure. Relevant comparable for rights-of-way ownership and long-term contracted energy infrastructure revenues.
- ONEOK: Midstream operator with gathering, processing, and long-haul pipelines for natural gas liquids and crude. Comparable contracted-revenue midstream model serving energy producers.
- Brookfield Infrastructure Partners: Infrastructure vehicle owning energy, utility, and transportation assets globally. Comparable real-asset infrastructure focus and contracted cash flow orientation for institutional capital pools.
- Enterprise Products Partners: One of the largest U.S. midstream MLPs with extensive NGL and crude pipeline networks. Comparable business model of long-term contracted midstream revenue streams, although broader and not California-focused.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
CorEnergy Infrastructure Trust social profiles
Digital presenceCorEnergy Infrastructure Trust financial estimates
Financial estimateRevenue estimate
Valuation estimate
CorEnergy Infrastructure Trust leadership team
Management profileNumber of profiles
Profiles4 records
CorEnergy Infrastructure Trust subsidiaries and ownership
Company hierarchySubsidiaries1 record
CorEnergy Infrastructure Trust funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CorEnergy Infrastructure Trust M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CorEnergy Infrastructure Trust
What does CorEnergy Infrastructure Trust do?
CorEnergy Infrastructure Trust, Inc. is the first U.S. REIT focused on energy infrastructure. Through its wholly owned subsidiary Crimson Midstream, the company owns, operates, and leases approximately 2,000 miles of crude oil pipelines and associated rights-of-way spanning from the San Francisco Bay area to Orange County, California. The company also owns utility-like infrastructure assets including storage tanks, transmission lines, and gathering systems, generating long-term contracted revenue intended to provide investors with stable cash dividends.
Is CorEnergy Infrastructure Trust a public or private company?
CorEnergy Infrastructure Trust is a private company. It is classified as public and is currently operating.
When was CorEnergy Infrastructure Trust founded?
CorEnergy Infrastructure Trust was founded in 2005. It employs 101 to 250 people.
Where is CorEnergy Infrastructure Trust based?
CorEnergy Infrastructure Trust is headquartered in Kansas City, United States, in the North America region.
How does CorEnergy Infrastructure Trust make money?
One revenue line is on record: pipeline Infrastructure Leasing and Operations.
Who are CorEnergy Infrastructure Trust's main competitors?
Direct peers on record are Phillips 66 Partners (now part of Phillips 66), MPLX, NextEra Energy Partners, Energy Transfer, Kinder Morgan and Sunoco (SUN). Broad incumbents are Williams Companies, ONEOK, Brookfield Infrastructure Partners and Enterprise Products Partners.
Does CorEnergy Infrastructure Trust have an API?
No public API is recorded for CorEnergy Infrastructure Trust.
What industry is CorEnergy Infrastructure Trust in?
CorEnergy Infrastructure Trust's product category is Energy Infrastructure / Midstream Pipeline Operations. Its primary akta.pro industry code is FSAAAKAE, Infrastructure — Core (Brownfield), with a secondary code of FSAAAKAA, Core Real Estate (Stabilized/Core-Plus). Its NAICS code is 4861 and its SIC code is 6798.