UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________________________ FORM 10-Q ___________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33292 _______________________________________________ ...

Acquisition and Internalization - The company completed the acquisition of a 49.50% interest in Crimson Midstream Holdings, LLC for a total consideration of $343.8 million, which included $74.6 million in cash and $115.3 million in equity commitments[98]. - The fair value of net assets acquired from Crimson was $345.6 million, with total assets acquired amounting to $365.8 million and total liabilities assumed of $20.1 million[103]. - The company incurred transaction costs of approximately $2.0 million and financing costs of $2.8 million during the three months ended March 31, 2021, related to the acquisition[107]. - The company internalized its management company on July 6, 2021, for a purchase price of approximately $14.6 million, payable in equity[110]. - The acquisition of Corridor allowed the company to become an internally managed real estate investment trust, eliminating management fees previously paid[110]. - The company issued an aggregate of 1,153,846 shares of Common Stock and 683,761 shares of Class B Common Stock as part of the internalization[110]. - The company recorded a working capital adjustment of $1.8 million related to the Crimson acquisition, increasing the assets acquired[101]. - The fair value of non-controlling interest in the A-1, A-2, and A-3 Units was determined to be $116.2 million, reflecting the equity consideration for Grier Members[105]. - The total assets acquired in the Corridor InfraTrust Management, LLC acquisition amounted to $16,342,953, with goodwill accounting for $14,491,152[111]. Financial Performance - Pro forma revenues for the three months ended March 31, 2021, were $31.8 million, assuming the Crimson acquisition occurred at the beginning of 2021[109]. - Crude oil transportation revenue for the three months ended March 31, 2022, was $24,129,364, representing an 81.1% increase from $15,604,226 in the same period of 2021[122]. - Natural gas transportation revenue increased to $4,061,276, a 13.6% rise compared to $3,806,223 in the prior year[122]. - Transportation and distribution revenue increased by $8.5 million to $29.76 million for the three months ended March 31, 2022, compared to $21.30 million for the same period in 2021[246]. - Adjusted EBITDA for the three months ended March 31, 2022, was $12.01 million, compared to $8.09 million for the same period in 2021, representing an increase of approximately 48%[246]. - Net income for the three months ended March 31, 2022, was $4.36 million, a significant recovery from a net loss of $10.69 million in the same period of 2021[246]. - Cash available for distribution improved to $2.19 million for the three months ended March 31, 2022, compared to a negative cash flow of $4.37 million in the same period of 2021[246]. - General and administrative expenses decreased to $5.14 million for the three months ended March 31, 2022, from $9.84 million in the same period of 2021, a reduction of approximately 48%[246]. - The company incurred no loss on impairment for the three months ended March 31, 2022, compared to a loss of $5.98 million in the same period of 2021[246]. - Net income for the three months ended March 31, 2022, was $4.4 million, a significant improvement from a net loss of $10.7 million in the same period of the previous year[268]. Tax and Deferred Assets - As of March 31, 2022, the total deferred tax assets amounted to $8.24 billion, a decrease from $8.36 billion as of December 31, 2021[133]. - The cumulative net operating loss carryforwards (NOL) for the TRSs were $28.5 million as of March 31, 2022, slightly down from $28.7 million as of December 31, 2021[134]. - The effective tax rates for the taxable subsidiaries were 13.6% for the three months ended March 31, 2022, compared to 65.3% for the same period in 2021[136]. - Total income tax expense for the three months ended March 31, 2022, was $223,257, a significant increase from $1,467 in the same period of 2021[138]. - The Company had no uncertain tax positions as of March 31, 2022[133]. Debt and Financing - As of March 31, 2022, the total debt outstanding is $216,050,000, compared to $219,050,000 as of December 31, 2021[160]. - The 5.875% Unsecured Convertible Senior Notes have a carrying amount of $115,830,255 and a fair value of $103,532,211 as of March 31, 2022[158]. - The Crimson Secured Credit Facility includes a $50 million revolving credit facility and an $80 million term loan, both maturing on February 4, 2024[162]. - The Crimson Term Loan requires quarterly payments of $2 million, with a total remaining contractual payment of $72 million due in 2022[167]. - The interest rate on the Crimson Revolver is 4.22% as of March 31, 2022, compared to 4.11% as of December 31, 2021[160]. - The Company has $118.1 million aggregate principal amount of 5.875% Convertible Notes outstanding as of March 31, 2022[173]. - Deferred financing costs related to the 5.875% Convertible Notes amount to $1,938,704 as of March 31, 2022[160]. - The total leverage ratio must not exceed 2.75 to 1.00 for the fiscal quarter ending March 31, 2022[164]. Shareholder Distributions - The Company declared a first quarter 2022 dividend of $0.05 per share for CorEnergy Common Stock, payable on May 31, 2022[210]. - The Company also declared a dividend of $0.4609375 per depositary share for its 7.375% Series A Preferred Stock, payable on May 31, 2022[211]. - The company plans to distribute its cash available for distribution (CAD) less appropriate reserves, which may include provisions for capital expenditures and debt repayment[287]. - The company intends to adhere to the requirement of distributing at least 90% of its REIT taxable income to maintain its REIT status[289]. - The primary sources of stockholder distributions for the three months ended March 31, 2022, included transportation and distribution revenue from Crimson, MoGas, and Omega[286]. Operational Insights - Crimson Pipeline is a 2,000-mile crude oil transportation system, generating revenue primarily through a fixed-fee tariff regulated by the CPUC[219]. - MoGas pipeline is a 263-mile interstate natural gas pipeline regulated by FERC, providing critical links between natural gas producing regions and local customers in Missouri[220]. - The Company generates revenue from transporting or storing crude oil and natural gas based on fixed fees per unit of commodity transported or reserved capacity[218]. - The transition services agreements with Crescent Midstream Holdings ended on February 3, 2022, with a new services agreement effective February 4, 2022, at a fixed fee of approximately $44 thousand per month[208]. - A significant decline in Crimson's ability to fund quarterly distributions could materially impact CorEnergy's financial performance[199].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________________________ FORM 10-K ___________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33292 ___________________________________________________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________________________ Large accelerated filer☐Accelerated filer☐ Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☐ FORM 10-Q ___________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE A ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________________________ Large accelerated filer☐Accelerated filer☐ Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☐ FORM 10-Q ___________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________________________ FORM 10-Q ___________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33292 ______________________________________________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________________________ Title of Each Class Trading Symbol(s) Name of Each Exchange On Which Registered Common Stock, par value $0.001 per share CORR New York Stock Exchange 7.375% Series A Cumulative Redeemable Preferred Stock CORRPrA New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None ___________________________________________ FORM 10-K ___________________________________________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________________________ Emerging growth company ☐ FORM 10-Q ___________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33292 ________________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________________________ FORM 10-Q ___________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33292 _______________________________________________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ___________________________________________ FORM 10-Q ___________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33292 ______________________________________________ ...