CorEnergy Infrastructure Trust, Inc.

OTCPK:CORR.Q Stock Report

Market Cap: US$194.7k

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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 percentage36.3%
CEO tenure19.4yrs
CEO ownership5.6%
Management average tenure3.3yrs
Board average tenure9yrs

Recent management updates

Recent updates

CorEnergy: Common And Preferred Distributions Cut, What's Next?

Feb 06

CorEnergy Infrastructure Trust: 16% Yield On Preferred Shares

Jan 03

CorEnergy Infrastructure Trust GAAP EPS of -$1.17, revenue of $32.96M

Nov 10

CorEnergy Infrastructure Trust declares $0.05 dividend

Nov 03

CorEnergy: Common And Preferred Distributions Likely Get Cut

Sep 21

CorEnergy Infrastructure Trust GAAP EPS of -$0.08, revenue of $31.5M

Aug 11

CorEnergy Infrastructure Trust declares $0.05 dividend

Aug 05

CorEnergy: Rising Risks

Jul 05

CorEnergy: A Look At Dividend Safety For 2022

Mar 16

CorEnergy: My Worst Investment Ever Is Still Struggling

Feb 24

CorEnergy Preferreds Yield 10%:  What We Like More

Dec 21

CorEnergy: Valuation Still High Despite Stock's Decline

Aug 26

CorEnergy Infrastructure Trust beats on revenue

May 10

What Kind Of Shareholders Own CorEnergy Infrastructure Trust, Inc. (NYSE:CORR)?

Mar 08
What Kind Of Shareholders Own CorEnergy Infrastructure Trust, Inc. (NYSE:CORR)?

CorEnergy buys Crimson's California pipeline assets in $350M deal

Feb 04

CorEnergy Infrastructure Trust declares $0.05 dividend

Feb 02

A Look At CorEnergy Infrastructure Trust's (NYSE:CORR) Share Price Returns

Jan 14
A Look At CorEnergy Infrastructure Trust's (NYSE:CORR) Share Price Returns

CorEnergy: Asymmetric Setup

Dec 02

CorEnergy Infrastructure Trust (CORR) Presents At Sidoti Virtual Microcap Conference

Nov 20

CorEnergy Infrastructure Trust declares $0.05 dividend

Nov 02

CEO Compensation Analysis

How has Dave Schulte's remuneration changed compared to CorEnergy Infrastructure Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$1mUS$450k

-US$286m

Sep 30 2023n/an/a

-US$24m

Jun 30 2023n/an/a

-US$35m

Mar 31 2023n/an/a

-US$30m

Dec 31 2022US$1mUS$500k

-US$22m

Sep 30 2022n/an/a

-US$17m

Jun 30 2022n/an/a

US$2m

Mar 31 2022n/an/a

US$979k

Dec 31 2021US$250kUS$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

NamePositionTenureCompensationOwnership
David Schulte
Co-Founder19.4yrsUS$1.24m5.59%
$ 10.9k
Robert Waldron
CFO & President3.3yrsUS$761.96k0.092%
$ 178.5
John Grier
COO & Director3.3yrsUS$611.70k0.063%
$ 121.8
Christopher Huffman
Chief Accounting Officer2.6yrsno data0.034%
$ 65.9
Christopher Reitz
Executive VP2.1yrsno datano data
Michael Jonagan
Senior Vice President10.2yrsno datano data
Rachel Stroer
Assistant Secretaryno datano datano data
Natalie Hill
Assistant Corporate Secretary and Paralegalno datano datano data
Matt Kreps
Investor Relations Officerno datano datano 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

NamePositionTenureCompensationOwnership
David Schulte
Co-Founder12.5yrsUS$1.24m5.59%
$ 10.9k
John Grier
COO & Director3.3yrsUS$611.70k0.063%
$ 121.8
Conrad Ciccotello
Independent Director19.4yrsUS$112.00k0.21%
$ 416.0
Todd Banks
Lead Independent Director7.1yrsUS$112.00k0.14%
$ 282.0
Catherine Lewis
Independent Director10.9yrsUS$112.00k0.17%
$ 325.3
Arkan Haile
Independent Director2.1yrsUS$100.00k0.088%
$ 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).