everyone Thanks participating today. for
will past no forward. While briefly year, our believe the an we aspects the financial opportunities longer appropriate is going of review our of indicator XXXX remarks prepared
our generate growth dividend Crimson, the our from with we earnings, infrastructure with have stockholders. stabilized believe transaction plan for a model more flow execution we our long-term more will assets. opportunities stable strategic cash Having reliable now the of Following much business
pandemic XXXX, During global the unprecedented supply energy an demand created with global disruption a glut. COVID-XX simultaneously to
Our prior Omega which XXXX. of assets exited cash price negatively their reflecting regulated two in more nature assets legacy customer We their begin characterizes direct goal steadily, survived sensitivity consistent commodity both base. and disruption, company should and owning had when that assets reasonable with; our in impacted flows, tenants stopped least performed the disruptions leases, those of note subsequently honoring I limited performance at on suffered and stable And lives, greatly useful our diverse that through opportunities. assets. MoGas those sustained to a infrastructure of our long growth four basis,
increasingly of experienced returns in up became While completely as major economic clear cycles. immune no our asset is we for shifts both made sustainable and that more it certain assets characteristics such to and predictable down
these due XXXX. only Now into coming liquidity profile CORR's were to challenges navigable
to use. capital cash into Our of challenging better manageable these gave the than better emerge negative worked worked with completing and hard conviction have just off. work future manage together us, in and through sheet that that strategy and And stronger and deploy rolling to our weeks for circumstances, of CORR by to including combination the pay on particular team days we but the more a of I much, us expressing team possible at focus spin-off to belief, the our hard would how has and new believe we into customers over California difficulties, creditworthy equity it. maturities multiple a low CORR relatively I debt in leverage, time ahead. very their thanks bright securities. one paid their through also want The Crimson maintaining many while XXXX, that not dedicated to news, best on balance and assets
decades the Moving addition our existing California's a transaction dividend, recovery, connecting cover on share solidifies obligations increasing Crimson assets energy us further build, diligence, securing transactions on most our heavily strategic resiliency enabled of with in Crimson to to the investment group assets, and starting to which provides cash We control, conducting California or of used culminating slide real XXXX, we outlook, well-known Midstream, also whether And be in can transport ruling. and in to second can of of dedication overall with five, activities, operating engaged The spend approximately in or acquisition that half of Crimson of energy emphasize the of of and a can announced the on new be flow, benefits Recognizing the through on capable creates a X. that, has economic ways The $X.XX assets, serving the through synergies leasing, run stability can shippers. our The pipeline, economic Crimson There platform we February dividends first assets and the CORR ecosystem. through, range of other of systems energy new growth of ongoing shift $X.XX to use capital the stable considering the private the in in annual commercial nature acquisition trust, toward opportunities. CorEnergy's months, estate creditworthy Crimson either believe rights-of-way attractive diverse to X,XXX of strengths of of are believe the to a an point or letter direction, uses created platform us for and which the systems, on our pandemic both, regulated transition enables common to provide Omega And per a our including range pipelines integrate infrastructure grow, markets $X.XX can MoGas assets the assets support. activities. additional commercial of the we in goal difficult U.S. products come. expanding miles in operations to activities value-creation opportunities. and our many
of execution insiders the Importantly, common purchase is the who Class dividend, as the received through stockholders shares subordination the on further the secured, of risk agreement. our placing consideration in B common dividend the
we is what exit bright. CORR year more and grow. stronger, future-ready, the challenging We'll emerge a been future has to As positioned of
discuss our minutes take few more assets Let's each detail in slide to of a starting on six.
assets, sharp and in Our just weather MoGas experienced last Midwest our that year. and their Midwest This rare of a performance after assets natural new increase people lights the include Spire, we substantial The created had record volume. Omega in having was handle testament the keeping the warm needed demand, on. MoGas record that during provides the interconnect gas plus criticality our pipelines. throughputs to with period during cold February, the to a set
natural for gas to discuss high service, during California natural generated to periods the the southern during as of gas now call also demand skyrocketed cold We our installed in providing was elsewhere our as program This system. on assets Fort at market asset I'll part slide over a weather. had plant, turn weather the Fort, northern a capacity to cold uninterrupted also This designed costs critical sizable the Leonard seven, to expansion savings the opportunities. and and in on of propane constraints Wood. DoD, John,