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 ________________ ...

Financial Performance - For the three months ended June 30, 2020, net income attributable to common stockholders was $(139,744,105), compared to $7,511,146 for the same period in 2019, representing a significant decline [189]. - Basic earnings per share for the three months ended June 30, 2020, were $(10.24), compared to $0.59 for the same period in 2019, indicating a substantial loss [189]. - Net income attributable to CorEnergy stockholders was $(137.4) million for the three months ended June 30, 2020, compared to $9.8 million in the same period of 2019, reflecting a significant loss [224]. - For the six months ended June 30, 2020, the Income (Loss) Attributable to Common Stockholders was $(304,047,266), down from $9,063,459 in the same period of 2019 [252]. - The company reported a net income (loss) attributable to common stockholders of $(139.7) million, compared to $7.5 million for the same period in 2019 [263]. Revenue and Lease Income - Consolidated revenues decreased to $10.0 million for the three months ended June 30, 2020, down from $21.5 million in the same period of 2019, representing a decline of approximately 54% [210]. - Lease revenue fell to $5.6 million for the three months ended June 30, 2020, compared to $16.6 million in the prior year, a decrease of about 67% driven by non-payment of rent for the GIGS asset [210]. - Lease revenue was $21.3 million for the six months ended June 30, 2020, down from $33.4 million in the prior year, primarily due to a non-cash write-off of deferred rent receivable of $30.1 million [225]. - The company experienced a reduction in lease revenue cash flows of $9.7 million due to the EGC Tenant's nonpayment of rent under the Grand Isle Lease Agreement in Q2 2020 [265]. - The anticipated reduction in lease revenue cash flows is projected to be $12.1 million for each of the third and fourth quarters of 2020 if the EGC Tenant continues to not pay rent [267]. Impairment and Losses - The company recognized a $140.3 million loss on impairment of leased property related to the GIGS asset due to the impacts of the COVID-19 pandemic [234]. - A loss of approximately $136.0 million was recognized from the Pinedale Transaction, net of a gain on extinguishment of related debt, for the three and six months ended June 30, 2020 [195]. - A loss on impairment and disposal of leased property of $146.5 million was recognized for the three months ended June 30, 2020, related to the Pinedale LGS asset [217]. - The company recognized a $140.3 million impairment for its GIGS asset due to economic disruptions caused by the COVID-19 pandemic [194]. - A $146.5 million loss on impairment and disposal of leased property was recorded for the Pinedale LGS asset, triggered by the tenant's bankruptcy [235]. Debt and Financing - The Company amended the Compass REIT Loan to extend the maturity date to November 30, 2024, and reduced payments to interest only through December 31, 2020 [129]. - The Amended Pinedale Term Credit Facility had an outstanding balance of approximately $32.0 million as of June 30, 2020, with a fixed interest rate of 6.5% [157]. - The Company reported a gain on extinguishment of debt of approximately $11.0 million for the three and six months ended June 30, 2020 [160]. - The Company recorded a gain on extinguishment of debt of $11.5 million for the six months ended June 30, 2020, compared to a loss of approximately $5.0 million in the prior year [240]. - The Company has approximately $55.0 million available under the CorEnergy Revolver and $1.0 million under the MoGas Revolver as of June 30, 2020 [155]. Cash Flow and Assets - As of June 30, 2020, the carrying amount of cash and cash equivalents was $113.71 million, down from $120.86 million as of December 31, 2019, indicating a decrease of approximately 5.25% [149]. - The company reported an adjusted funds from operations (AFFO) of $(291,172) for the period ended June 30, 2020, significantly below the target ratio of 1.5 times for AFFO to dividends [269]. - The company intends to maintain its REIT status by distributing at least 90% of its taxable income, but dividend payouts may be affected by cash flow requirements [271]. - The company has approximately $1.2 million in net operating loss carryforwards eligible for carryback under the CARES Act [131]. - The company’s total depreciation expense for the three months ended June 30, 2020, was approximately $2.68 million, compared to $4.67 million for the same period in 2019 [118]. Legal and Compliance Issues - The EGC Tenant ceased paying rent due on April 1, 2020, and failed to make required rent payments for subsequent months, leading to litigation for recovery of unpaid rent [103][104]. - The Grand Isle Lease Agreement requires the tenant to provide financial statements, but the tenant has refused to fulfill this obligation, leading to legal action [102]. - The company is engaged in legal matters with EGC regarding the Grand Isle Lease Agreement, including the nonpayment of rent and enforcement of lease obligations [279]. - UPL filed for Chapter 11 bankruptcy on May 14, 2020, affecting its ability to meet financial obligations and triggering defaults under its credit agreements [110]. - The company continues to monitor the credit quality of its tenants, which is highly dependent on the performance of the oil and natural gas industry [95]. Strategic Initiatives - The company has formed an implementation team and begun developing policies and processes to evaluate the potential impact of the CECL model on its financial statements [88]. - The company is actively evaluating opportunities to deploy cash into new dividend-generating assets to stabilize dividends and promote long-term growth [196]. - CorEnergy's business model focuses on generating long-term contracted revenue from utility-like assets, primarily under triple-net leases [197]. - The company expects its leases to provide contracted base rent plus participating rent based on asset-specific criteria, which is common in the energy industry [198]. - CorEnergy intends to distribute substantially all cash available for distribution on a quarterly basis, while targeting long-term revenue growth from acquisitions [204].

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 ______________________________________________ ...