|--||Stable revenue delivered by Pinedale LGS for second consecutive quarter|
|--||Declared second quarter dividend of $0.125 per share, paid on July 5, 2013|
|--||Reiterated annualized dividend payments of no less than $0.50 per share|
|--||Second quarter assets meet requirements for Real Estate Investment Trust (REIT) status|
CorEnergy Infrastructure Trust, Inc. (NYSE: CORR) (“the Company”), today announced financial results for the second quarter ended June 30, 2013. Second Quarter Highlights and Subsequent Events
Quarterly Performance Review CorEnergy reported total revenues of $7.6 million in the quarter ended June 30, 2013. A second quarter dividend of $0.125 was declared on May 29, 2013 and subsequently paid on July 5, 2013. Total assets were $288.7 million and total CorEnergy stockholders’ equity was $207.5 million as of June 30, 2013, compared to $289.6 million and $210.7 million respectively at March 31, 2013. The modest decrease in total assets is primarily due to a decrease in the fair value of privately-held investment securities. The decrease in stockholders’ equity is primarily due to the timing of the quarterly dividend declaration of $0.125 per share. Net income attributable to common stockholders was $70 thousand, or $0.003 per common share. Net income was adversely affected during the second quarter due to the recognition of a tax expense on gains related to a sale of liquid securities.