Seeking Alpha
 

CorEnergy Infrastructure Trust (CORR)

- NYSE
  • Dec. 13, 2012, 9:44 AM
    CorEnergy Infrastructure Trust (CORR -12.6%) plunges at the open after announcing its public offering of 13M common shares will be priced at $6/share. CORR intends to use the proceeds toward the anticipated $225M acquisition of a liquids gathering system from Ultra Petroleum.
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CORR vs. ETF Alternatives
Company Description
CorEnergy Infrastructure Trust Inc is mainly engaged in acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector.