Intrepid Potash

Intrepid Potash, Inc. engages in the delivery of potassium, magnesium, sulfur, and salt essential. The firm serves the agriculture, organics, animal feed, industrial, and oilfield solutions industries. It operates through the following segments: Potash, Oilfield Solutions, and Trio. The company was founded in January 2000 and is headquartered in Denver, CO.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Intrepid Potash reports robust Q4 earnings amidst potash market challenges

Intrepid Potash delivered strong financial results in Q4 2022 despite challenges in the potash market, showcasing resilience and strategic focus on growth.
The company's investments in potash assets and operational improvements underscore a commitment to long-term sustainability and value creation for stakeholders.
Navigating market dynamics and operational risks while capitalizing on growth opportunities will be key for Intrepid Potash to drive continued success and shareholder value.

Intrepid Potash reports strong sales but lower profitability in Q1

Intrepid Potash reported strong sales volumes but lower profitability in Q1 2023, driven by decreased pricing.
The company remains optimistic about the potash industry outlook and is focused on growth projects.
Challenges include managing costs, production downtime, and optimizing pricing strategies for sustained profitability.
Opportunities lie in market growth, operational improvements, and strategic investments for long-term success.

Intrepid Potash (IPI) reports strong Q2 results amid market growth

Intrepid Potash (IPI) delivered a robust performance in Q2 2023, driven by strong demand and pricing in the potash market.
While facing challenges in operational efficiency and market dynamics, the company is strategically positioned to capitalize on growth opportunities.
With a focus on maximizing production, cost efficiency, and strategic investments, Intrepid Potash is poised for continued success in the agricultural sector.

Intrepid Potash reports strong Q3 sales amidst pricing challenges

Intrepid Potash (IPI) navigated pricing challenges in Q3 but remains optimistic about solid demand for potash.
The company's focus on increasing production levels and maintaining a strong balance sheet bodes well for future growth.
Despite reporting a net loss, Intrepid's strategic projects aim to boost potash production to historical levels.

Intrepid Potash reports solid Q4 earnings, eyes potash production growth

Intrepid Potash's Q4 performance reflects a focus on increasing potash production, managing costs, and enhancing liquidity. The company's strong balance sheet and strategic priorities position it well for future growth. Challenges in production costs and market pricing require ongoing attention, while opportunities in potash production and lithium projects offer avenues for expansion.

Intrepid Potash reports Q1 EBITDA decline, eyes pricing strategies

Intrepid Potash faced margin challenges in Q1 due to lower pricing and higher costs, impacting EBITDA performance.
Despite these challenges, the company demonstrated strengths in maintaining pricing stability and a strong balance sheet.
Opportunities lie in optimizing pricing strategies, operational efficiencies, and leveraging global demand growth for future growth.
Addressing cost pressures and market uncertainties will be key focus areas to sustain profitability and drive value creation.

Intrepid Potash reports Q2 earnings decline, eyes growth opportunities

Intrepid Potash navigated challenges in potash pricing and sales, focusing on operational improvements and cost efficiencies to drive performance.
The company capitalized on strong global demand for potash and emphasized long-term projects like lithium for diversification and growth.
While facing market uncertainties, Intrepid Potash aims to maintain a strong balance sheet and strategic focus on sustainable profitability and expansion.

Intrepid Potash reports strong Q3 performance amidst market opportunities

Intrepid Potash demonstrated robust performance across its segments, with notable improvements in potash production, margins, and operational efficiency.
While facing potential challenges in market dynamics and cost management, the company can leverage opportunities in the recovering agriculture market and stable global demand.
Strategic focus on project execution, operational enhancements, and market expansion positions Intrepid Potash for sustained growth and profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Intrepid Potash, Inc. is a diversified mineral company, which engages in the delivery of potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed, and the oil and gas industry. It operates through the following segments: Potash, Trio, and Oilfield Solutions. The company was founded in January 2000 and is headquartered in Denver, CO.

Intrepid Potash (IPI) delivered earnings and revenue surprises of 400.00% and 2.74%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Intrepid Potash (IPI) Q1 Earnings and Revenues Top Estimates

Shares of Intrepid Potash (NYSE:IPI) remain quite in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 1000.00% over the past year to $0.18, which beat the estimate of $0.13.

Recap: Intrepid Potash Q1 Earnings

Denver, CO, May 03, 2021 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. (Intrepid) (NYSE:IPI) today reported its results for the first quarter of 2021.

Intrepid Announces First Quarter 2021 Results

DENVER, CO, April 26, 2021 (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE: IPI) plans to release its first quarter 2021 financial results on Monday, May 3, 2021, after the market closes. Intrepid will host a conference call on Tuesday, May 4, 2021 at 12:00 p.m. Eastern Time to discuss the results and other operating and financial matters and to answer investor questions.

Intrepid Announces Date for First Quarter 2021 Earnings Release

Denver, CO, March 15, 2021 (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE:IPI) (“Intrepid”) today announced the following increase to its Trio® price.

Intrepid Announces $20 Increase to Trio® Price

Intrepid Potash, Inc. (IPI) CEO Bob Jornayvaz on Q4 2020 Results - Earnings Call Transcript

Intrepid Potash (IPI) delivered earnings and revenue surprises of 72.22% and 5.55%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Intrepid Potash (IPI) Reports Q4 Loss, Tops Revenue Estimates

DENVER, CO, March 01, 2021 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. (NYSE:IPI) ("Intrepid", the "Company", "we", "us", "our") today reports its financial results for the fourth quarter and full year of 2020.

Intrepid Reports Fourth Quarter and Full Year 2020 Results

Denver, CO, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE: IPI) plans to release its fourth quarter 2020 financial results on Monday, March 1, 2021, after the market closes. Intrepid will host a conference call on Tuesday, March 2, 2021 at 12:00 p.m. Eastern Time to discuss the results and other operating and financial matters and to answer investor questions.

Intrepid Announces Date for Fourth Quarter 2020 Earnings Release

Intrepid Potash (IPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Intrepid Potash (IPI) Q4 Earnings Expected to Decline

Denver, CO, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE:IPI) (“Intrepid”) today announced the following increase to its potash price at all locations.

Intrepid Announces $50 Increase to Potash Price

The salt and potash producer is ending the year on a high note.

Why Intrepid Potash Stock Was Up Almost 60% Today

DENVER, CO, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE:IPI) (“Intrepid”) today announced the following updates on its potash and Trio® pricing and its 2021 outlook.

Intrepid Provides Update to Potash and Trio® Pricing and 2021 Outlook

Intrepid Potash had a dismal Q3. Water, potash, and TRIO revenue were all down significantly year over year.

Intrepid Potash: Nowhere To Go But Up

Intrepid Potash, Inc. (IPI) CEO Bob Jornayvaz on Q3 2020 Results - Earnings Call Transcript

DENVER, CO, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. (Intrepid) (NYSE:IPI) today reported its results for the third quarter of 2020.

Intrepid Announces Third Quarter 2020 Results

DENVER, CO, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE: IPI) plans to release its third quarter 2020 financial results on Monday, November 2, 2020, after the market closes. Intrepid will host a conference call on Tuesday, November 3, 2020 at 12:00 p.m. Eastern Time to discuss the results and other operating and financial matters and to answer investor questions.

Intrepid Announces Date for Third Quarter 2020 Earnings Release

Potash segment can benefit from a more tightening market.

Intrepid Potash - Rising From The Dead

DENVER, CO, Aug.  13, 2020  (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE:IPI) (“Intrepid”) announced today that it will effect a 1-for-10 reverse stock split of its common stock effective 5:00 pm Eastern on Thursday, August 13, 2020. Intrepid’s common stock will begin trading on a split-adjusted basis when markets open on Friday, August 14, 2020. Intrepid’s Board of Directors approved the split and determined the 1-for-10 ratio to be appropriate to meet Intrepid’s goals of improving the marketability and liquidity of its common stock, regaining compliance with NYSE listing requirements, and minimizing the risk of future noncompliance, allowing Intrepid’s management team to focus on the company’s underlying business.

Intrepid Announces 1-for-10 Reverse Stock Split

Intrepid Potash, Inc. (IPI) CEO Bob Jornayvaz on Q2 2020 Results - Earnings Call Transcript

DENVER, CO, Aug.  03, 2020  (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. (Intrepid) (NYSE:IPI) today reported its results for the second quarter of 2020.

Intrepid Announces Second Quarter 2020 Results

DENVER, CO, July  30, 2020  (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE:IPI) (“Intrepid” or the “Company”) today announced that at the special meeting of stockholders held on July 28, 2020, Intrepid’s stockholders voted to approve all proposals presented, which together grant Intrepid’s Board of Directors (the “Board”) authority to effect a reverse stock split of its shares of common stock at a ratio not less than 1-for-3 and not greater than 1-for-15 and, conditional on the split, to effect a corresponding reduction in the number of authorized common shares according to the criteria outlined in Intrepid’s Definitive Proxy Statement dated June 30, 2020.

Intrepid Potash Announces Stockholder Approval of Reverse Split Proposals and Receipt of NYSE Continued Listing Standard Notice

DENVER, CO, July  21, 2020  (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE:IPI) (“Intrepid”) announced today it paid down its Series C senior notes on July 17, 2020. Total payment to Series C noteholders was $17.1 million, which included $15.0 million in remaining principal, a reduced make-whole payment, and accrued interest. Intrepid made the payment entirely from cash on hand. After the payment, Intrepid has approximately $14 million in cash on hand, $30 million outstanding under its revolving credit facility, $15 million remaining on its Series B senior notes due in 2023, and $10 million outstanding from the Paycheck Protection Program. Intrepid has $44 million of availability remaining under its $75 million credit facility. Intrepid has used the entire $10 million of its loan under the Paycheck Protection Program for eligible payroll expenses and expects the majority, if not all, of the loan will be forgiven.

Intrepid Announces Early Paydown of Series C Senior Notes

DENVER, CO, July  17, 2020  (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE: IPI) plans to release its second quarter 2020 financial results on Monday, August 3, 2020, after the market closes. Intrepid will host a conference call on Tuesday, August 4, 2020 at 12:00 p.m. Eastern Time to discuss the results and other operating and financial matters and to answer investor questions.

Intrepid Announces Date for Second Quarter 2020 Earnings Release

DENVER, CO, June  30, 2020  (GLOBE NEWSWIRE) -- Intrepid Potash Inc. (NYSE:IPI) (“Intrepid”) has scheduled a special meeting of stockholders on Tuesday, July 28, 2020, at 10:00 a.m., Mountain Time to vote on a non-dilutive reverse split of Intrepid’s common stock at a ratio ranging from one-for-three (1:3) to one-for-fifteen (1:15) and a related reduction in authorized shares. The final ratio will be determined by Intrepid’s board based on, among other factors, its stock price on the split date.

News for Intrepid Potash Stock (IPI)