Intrepid Potash Inc.

Intrepid Potash Inc. announced today that Joseph Montoya, current Vice President and Chief Accounting Officer, will be resigning from Intrepid effective November 9, 2019, to pursue another career opportunity. Intrepid also announced the appointment of Matt Preston to Vice President of Finance, effective November 10, 2019. Mr. Preston will serve as Intrepid’s principal financial officer and principal accounting [...]

Intrepid Potash Inc. today reported its results for the second quarter of 2019. Key Takeaways for Q2 2019 Net income of $5.6 million, or $0.04 per share, a $6.6 million increase compared to prior year second quarter net loss of $1.0 million, or $ per share. Adjusted EBITDA of $14.9 million. Cash flow from operations of $23.6 million. Potash, Trio®, and oilfield solutions segment gross margins of $8.2 million, $1.5 [...]

Intrepid Potash Inc. today announced the purchase along with NGL Energy Partners, LP of 652 acres in Loving County, Texas, and near the Intrepid South ranch for the purpose of developing a produced water disposal facility, which is expected to further enhance and facilitate the companies’ water recycling plans. The land was purchased for $6 million, with the companies each holding a 50% interest. After the [...]

Intrepid Potash Inc. today announced it entered into a five-year joint marketing agreement with NGL Energy Partners, LP under which Intrepid will be responsible for the development, transportation, marketing, and sale of water across approximately 185,000 acres in the heart of the Northern Delaware Basin. The agreement covers the developed and undeveloped water rights Intrepid acquired in the acquisition of the Dinwiddie [...]

Intrepid Potash Inc. plans to release its second quarter 2019 financial results on Tuesday, August 6, 2019, before the market opens. Intrepid will host a conference call the same day at 10:00 a.m. Eastern Time to discuss the results and other operating and financial matters and to answer investor questions. Management invites you to listen to the conference call by using the dial-in number 1-800-319-4610 from the U.S. and [...]

DENVER, May 7, 2019 - Intrepid Potash Inc. today reported its results for the first quarter of 2019. Key Takeaways Net income of $6.2 million, or $0.05 per share, a $4.4 million increase compared to prior year first quarter net income of $1.8 million, or $0.01 per share. Total sales of $57.6 million, including $34.3 million in potash segment sales and $17.8 million in Trio® segment sales, as higher average net realized [...]

Intrepid Potash Inc. today announced it completed its acquisition of the Dinwiddie Jal Ranch and related water rights from the Dinwiddie Cattle Company, LLC. Intrepid arranged to purchase 100% of the Dinwiddie Assets and will operate the assets as "Intrepid South." "The acquisition of the Dinwiddie Assets in the Northern Delaware Basin continues our strategy to develop a more complete water midstream infrastructure system [...]

Intrepid Potash Inc. plans to release its first quarter 2019 financial results on Tuesday, May 7, 2019, before the market opens. Intrepid will host a conference call the same day at 10:00 a.m. Eastern Time to discuss the results and other operating and financial matters and to answer investor questions. Management invites you to listen to the conference call by using the dial-in number 1-800-319-4610 from the U.S. and [...]

Intrepid Potash Inc. is excited to announce that its Carlsbad, New Mexico, operations were recently selected as the 2018 Business of the Year by the United Way of Carlsbad and South Eddy County. "Intrepid and its employees have supported the great work of the United Way of Carlsbad for many years," said Robert Baldridge, General Manager, Intrepid New Mexico. "We are proud of the difference our employees make in their [...]

Intrepid Potash Inc. today reported its financial results for the fourth quarter and full year of 2018. Key Takeaways Net income improved $9.3 million and $34.4 million in the fourth quarter and full year 2018, respectively, compared with the same periods in the prior year. Potash segment gross margin of $10.7 million in the fourth quarter contributed to full year potash segment gross margin of $29.0 million, an increase [...]