secwatch.observer — SEC 8-K summary
======================================

Issuer:     CorEnergy Infrastructure Trust, Inc. (—)
CIK:        0001347652
Form:       8-K
Filed at:   2024-04-17T23:59:59+00:00
Accession:  0001347652-24-000044
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 2.06, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CorEnergy reports FY2023 preliminary results: $282.8M net loss, $254.9M impairment, in Chapter 11
--------------------------------------------------------------------------------

- Net loss attributable to common stockholders $282.8M; revenue $131.6M.
- Recorded $254.9M preliminary impairment on Crimson assets due to declining volumes.
- Filed Chapter 11 bankruptcy in Feb 2024; stock delisted from NYSE, trades OTC Pink (CORRQ).
- Total assets $233.3M, liabilities $263.4M, equity negative $30.1M; expects no cash impact from impairment.
- Results are preliminary and unaudited; annual 10-K not yet filed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1347652/000134765224000044/0001347652-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1347652/000134765224000044/corr-20240411.htm
  HTML page:      https://secwatch.observer/filing/0001347652-24-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer