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.

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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.

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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) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.37 per share a year ago.

Intrepid Potash (IPI) Reports Q1 Loss, Tops Revenue Estimates

Denver, CO, May 08, 2024 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid", the "Company", "we", "us", "our") (NYSE:IPI) today reported its results for the first quarter of 2024.

Intrepid Announces First Quarter 2024 Results

Intrepid Potash shares have been stagnant at around $20 per share, but the market is undervaluing the company compared to its tangible book value. The company is a producer of potash, an essential compound used in agriculture, animal feed, and the oil and gas industry. Despite current low potash prices, there is potential for a rebound due to future supply constraints and increasing demand.

Intrepid Potash: Undervalued And Potentially Rewarding The Patient

Denver, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. (NYSE: IPI) plans to release its first quarter 2024 financial results on Wednesday, May 8, 2024, after the market closes. Intrepid will host a conference call on Thursday, May 9, 2024, at 12:00 p.m. Eastern Time to discuss the results and other operating and financial matters and answer investor questions.

Intrepid Announces Date for First Quarter 2024 Earnings Release

Denver, CO, April 17, 2024 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid,” “we," or "our") (NYSE:IPI) today announced that on April 16, 2024, the Board of Directors (the “Board”) of Intrepid granted Bob Jornayvaz, Executive Chairman of the Board and Chief Executive Officer, a temporary medical leave of absence, effective immediately, as he recovers from his previously announced injury. In connection with Mr. Jornayvaz's leave of absence, the Board has appointed Matt Preston, Intrepid's current Chief Financial Officer, as acting principal executive officer and announced that Intrepid's co-founder, Hugh Harvey, has been appointed as a Class III Director. The Board has also temporarily delegated all responsibilities of the Chairman of the Board to Barth Whitham, Intrepid's Lead Director.

Intrepid Announces Medical Leave of Absence for Bob Jornayvaz; Intrepid Co-founder Hugh Harvey rejoins Board of Directors

Denver, CO, April 09, 2024 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid”, “we," or "our") (NYSE:IPI) today announced that on Saturday, April 6, 2024, Bob Jornayvaz was involved in an accident while playing in the U.S. Open Polo Championship and is currently receiving treatment. Our thoughts are with him and his family. We will provide updates as more information becomes available.

Intrepid Announces Accident Involving CEO

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Intrepid Potash, Inc. (NYSE:IPI ) Q4 2023 Earnings Conference Call March 7, 2024 12:00 PM ET Company Participants Evan Mapes - Investor Relations Robert Jornayvaz - Chairman and Chief Executive Officer Matthew Preston - Chief Financial Officer Zachry Adams - Vice President of Sales and Marketing Conference Call Participants Joel Jackson - BMO Capital Markets Lucas Beaumont - UBS Jason Ursaner - Bumbershoot Holdings Operator Thank you for standing by. This is the conference operator.

Intrepid Potash, Inc. (IPI) Q4 2023 Earnings Call Transcript

Intrepid Potash's (IPI) fourth-quarter earnings lag while revenues beat the respective estimates amid lower selling prices.

Intrepid Potash (IPI) Q4 Earnings Lag, Sales Beat Estimates

Denver, CO, March 06, 2024 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. (NYSE:IPI) ("Intrepid", the "Company", "we", "us" and "our") today reports its financial results for the fourth quarter and full-year of 2023.

Intrepid Announces Fourth Quarter and Full-Year 2023 Results

Denver, CO, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. (NYSE: IPI) plans to release its fourth quarter 2023 financial results on Wednesday, March 6, 2024, after the market closes. Intrepid will host a conference call on Thursday, March 7, 2024, at 12:00 p.m. Eastern Time to discuss the results and other operating and financial matters and answer investor questions.

Intrepid Announces Date for Fourth Quarter 2023 Earnings Release

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Intrepid Potash (IPI) secures strategic gains with XTO Holdings, enhancing cooperation and shareholder value in the Designated Potash Area.

Intrepid (IPI) Enters Into Third Amendment to Agreement With XTO

Denver, CO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- As previously announced, on December 12, 2023, Intrepid Potash, Inc. ("Intrepid," the "Company," or "our") (NYSE:IPI) entered into a Third Amendment to the Cooperative Development Agreement (the “Amendment”) with XTO Holdings, LLC (“XTO Holdings”) and XTO Delaware Basin, LLC, as successors in interest to BOPCO, L.P. (“XTO Delaware Basin,” and together with XTO Holdings, “XTO”). The Amendment has an effective date of January 1, 2024.

Intrepid Enters into Third Amendment to Cooperative Development Agreement with XTO

Intrepid Potash produces both potassium and potash. Soon it might produce lithium as well.

Why Intrepid Potash Stock Is Popping This Week

Denver, CO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid," "we," or "our") (NYSE:IPI) today announced it engaged Pickering Energy Partners LP (“Pickering” or “PEP”) to advise on maximizing the value of the lithium resource at its mine in Wendover, Utah.

Intrepid Engages Pickering Energy Partners as Lithium Advisor

Intrepid Potash (IPI) sees lower average net realized sales price for potash and Trio in the third quarter.

Intrepid Potash (IPI) Q3 Earnings Lag Estimates, Sales Down Y/Y

Intrepid Potash, Inc. (NYSE:IPI ) Q3 2023 Earnings Conference Call November 9, 2023 12:00 PM ET Company Participants Evan Mapes - Investor Relations Robert Jornayvaz - Chairman and Chief Executive Officer Matthew Preston - Chief Financial Officer Zachry Adams - Vice President of Sales and Marketing Conference Call Participants Christopher Perrella - UBS Joel Jackson - BMO Capital Markets Operator Thank you for standing by. This is the conference operator.

Intrepid Potash, Inc. (IPI) Q3 2023 Earnings Call Transcript

Denver, CO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid", the "Company", "we", "us", "our") (NYSE:IPI) today reported its results for the third quarter of 2023.

Intrepid Announces Third Quarter 2023 Results

Intrepid Potash's stock price has dropped significantly due to bearish potash commodity pricing and weak forecasts for 2024. The company has a strong balance sheet with no debt, and a market capitalization that is significantly below tangible book value. Shares are substantially undervalued and unloved today, holding the potential to double or triple in price over the next 2-3 years.

The Bottom Fishing Club: Intrepid Potash

Denver, CO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. (NYSE: IPI) plans to release its third quarter 2023 financial results on Wednesday, November 8, 2023, after the market closes. Intrepid will host a conference call on Thursday, November 9, 2023, at 12:00 p.m. Eastern Time to discuss the results and other operating and financial matters and answer investor questions.

Intrepid Announces Date for Third Quarter 2023 Earnings Release

Strong demand in major markets for crop nutrients, backed by the strength in global agriculture markets, should enable the Zacks Fertilizers industry to thrive. CF, ICL and IPI should benefit from favorable industry fundamentals.

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Denver, CO, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid") (NYSE:IPI) has made a new presentation available through the Investor Relations section of the Company's website at www.intrepidpotash.com. The presentation is titled “Overview of Intrepid's Potash Operations.”

Intrepid Publishes New Presentation

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Denver, CO, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid," "we," or "our") (NYSE:IPI) today announced the release of its Inaugural Sustainability Report.

News for Intrepid Potash Stock (IPI)