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CorEnergy Infrastructure Trust Management
Management criteria checks 2/4
CorEnergy Infrastructure Trust's CEO is Dave Schulte, appointed in Jan 2005, has a tenure of 19.42 years. total yearly compensation is $1.24M, comprised of 36.3% salary and 63.7% bonuses, including company stock and options. directly owns 5.59% of the company’s shares, worth $10.88K. The average tenure of the management team and the board of directors is 3.3 years and 9 years respectively.
Key information
Dave Schulte
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 36.3% |
| CEO tenure | 19.4yrs |
| CEO ownership | 5.6% |
| Management average tenure | 3.3yrs |
| Board average tenure | 9yrs |
Recent management updates
Recent updates
CorEnergy: Common And Preferred Distributions Cut, What's Next?
Feb 06CorEnergy Infrastructure Trust: 16% Yield On Preferred Shares
Jan 03CorEnergy Infrastructure Trust GAAP EPS of -$1.17, revenue of $32.96M
Nov 10CorEnergy Infrastructure Trust declares $0.05 dividend
Nov 03CorEnergy: Common And Preferred Distributions Likely Get Cut
Sep 21CorEnergy Infrastructure Trust GAAP EPS of -$0.08, revenue of $31.5M
Aug 11CorEnergy Infrastructure Trust declares $0.05 dividend
Aug 05CorEnergy: Rising Risks
Jul 05CorEnergy: A Look At Dividend Safety For 2022
Mar 16CorEnergy: My Worst Investment Ever Is Still Struggling
Feb 24CorEnergy Preferreds Yield 10%: What We Like More
Dec 21CorEnergy: Valuation Still High Despite Stock's Decline
Aug 26CorEnergy Infrastructure Trust beats on revenue
May 10What Kind Of Shareholders Own CorEnergy Infrastructure Trust, Inc. (NYSE:CORR)?
Mar 08
CorEnergy buys Crimson's California pipeline assets in $350M deal
Feb 04CorEnergy Infrastructure Trust declares $0.05 dividend
Feb 02A Look At CorEnergy Infrastructure Trust's (NYSE:CORR) Share Price Returns
Jan 14CorEnergy: Asymmetric Setup
Dec 02CorEnergy Infrastructure Trust (CORR) Presents At Sidoti Virtual Microcap Conference
Nov 20CorEnergy Infrastructure Trust declares $0.05 dividend
Nov 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$450k | -US$286m |
| Sep 30 2023 | n/a | n/a | -US$24m |
| Jun 30 2023 | n/a | n/a | -US$35m |
| Mar 31 2023 | n/a | n/a | -US$30m |
| Dec 31 2022 | US$1m | US$500k | -US$22m |
| Sep 30 2022 | n/a | n/a | -US$17m |
| Jun 30 2022 | n/a | n/a | US$2m |
| Mar 31 2022 | n/a | n/a | US$979k |
| Dec 31 2021 | US$250k | US$250k | -US$15m |
Compensation vs Market: Dave's total compensation ($USD1.24M) is above average for companies of similar size in the US market ($USD665.80K).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
CEO
Dave Schulte (63 yo)
19.4yrs
Tenure
US$1,238,200
Compensation
Mr. David John Schulte, also known as Dave, JD, CFA, has been an Independent Director of Western Midstream Holdings, LLC (formerly Western Gas Equity Holdings, LLC), the General Partner of Western Midstrea...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 19.4yrs | US$1.24m | 5.59% $ 10.9k | |
| CFO & President | 3.3yrs | US$761.96k | 0.092% $ 178.5 | |
| COO & Director | 3.3yrs | US$611.70k | 0.063% $ 121.8 | |
| Chief Accounting Officer | 2.6yrs | no data | 0.034% $ 65.9 | |
| Executive VP | 2.1yrs | no data | no data | |
| Senior Vice President | 10.2yrs | no data | no data | |
| Assistant Secretary | no data | no data | no data | |
| Assistant Corporate Secretary and Paralegal | no data | no data | no data | |
| Investor Relations Officer | no data | no data | no data |
3.3yrs
Average Tenure
60.5yo
Average Age
Experienced Management: CORR.Q's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 12.5yrs | US$1.24m | 5.59% $ 10.9k | |
| COO & Director | 3.3yrs | US$611.70k | 0.063% $ 121.8 | |
| Independent Director | 19.4yrs | US$112.00k | 0.21% $ 416.0 | |
| Lead Independent Director | 7.1yrs | US$112.00k | 0.14% $ 282.0 | |
| Independent Director | 10.9yrs | US$112.00k | 0.17% $ 325.3 | |
| Independent Director | 2.1yrs | US$100.00k | 0.088% $ 171.9 |
9.0yrs
Average Tenure
63.5yo
Average Age
Experienced Board: CORR.Q's board of directors are considered experienced (9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/12 18:07 |
| End of Day Share Price | 2024/06/12 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
CorEnergy Infrastructure Trust, Inc. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Barry Oxford | D.A. Davidson & Co. |
| Eduardo Seda | Ladenburg Thalmann & Company |
| Torrey Schultz | RBC Capital Markets |