Intrepid Potash Inc. 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. About Intrepid Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water [...]
Intrepid Potash Inc. today reports its financial results for the fourth quarter and full-year of 2023. Key Financial & Operational Highlights for the Fourth Quarter and Full-Year 2023 Total sales of $56.7 million in the fourth quarter and $279.1 million for the full-year 2023. Net loss of $37.3 million and $35.7 million in the fourth quarter and full-year 2023, respectively, and an adjusted net loss of $5.2 million and [...]
Intrepid Potash Inc. 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. Management invites you to listen to the conference call by using the toll-free dial-in number 1 [...]
As previously announced, on December 12, 2023, Intrepid Potash Inc. entered into a Third Amendment to the Cooperative Development Agreement with XTO Holdings, LLC and XTO Delaware Basin, LLC, as successors in interest to BOPCO, L.P. . The Amendment has an effective date of January 1, 2024. As consideration under the Amendment, on January 2, 2024, Intrepid received a payment of $45 million from XTO, which was in addition [...]
Intrepid Potash Inc. today announced it engaged Pickering Energy Partners LP to advise on maximizing the value of the lithium resource at its mine in Wendover, Utah. Management Commentary Bob Jornayvaz, Intrepid's Executive Chairman and CEO commented: "I am excited to announce our engagement with Pickering to help us evaluate our options to capitalize on the value of the lithium that we have long known to be present in [...]
Intrepid Potash Inc. today announced it engaged Pickering Energy Partners LP to advise on maximizing the value of the lithium resource at its mine in Wendover, Utah. Management Commentary Bob Jornayvaz, Intrepid's Executive Chairman and CEO commented: "I am excited to announce our engagement with Pickering to help us evaluate our options to capitalize on the value of the lithium that we have long known to be present in [...]
Intrepid Potash Inc. today reported its results for the third quarter of 2023. Key Highlights for Third Quarter 2023 Financial & Operational Total sales of $54.5 million, which compares to $74.8 million in the third quarter of 2022, as potash and Trio® average net realized sales prices decreased to $433 and $298 per ton, respectively. Net loss of $7.2 million , which compares to net income of $13.1 million in the third [...]
Intrepid Potash Inc. today announced the successful completion of the Eddy Shaft Brine Extraction Project at its HB solar solution mine in Carlsbad, New Mexico after an eight-month permitting process. The Project provides access to a high-grade brine pool in the Eddy Cavern that was originally targeted by the IP30A extraction well, which failed and was plugged and abandoned in the fourth quarter of 2022. Project [...]
Intrepid Potash Inc. 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. Management invites you to listen to the conference call by using the U.S. toll-free dial-in number [...]
Intrepid Potash Inc. 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." About Intrepid Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed and the oil and gas [...]
Intrepid Potash Inc. today announced the release of its Inaugural Sustainability Report. Inaugural Sustainability Report Intrepid's Inaugural Sustainability Report provides an overview of our sustainability efforts and Environmental, Social, and Governance initiatives. The Report builds on our ESG progress after establishing the Environmental, Health, Safety, and Sustainability Committee as one of our Board committees in [...]
Intrepid Potash Inc. today reported its results for the second quarter of 2023. Key Highlights for Second Quarter 2023 Financial & Operational Total sales of $81.0 million, which compares to $91.7 million in the second quarter of 2022, as potash and Trio® average net realized sales prices decreased to $479 and $333 per ton, respectively. Net income of $4.3 million , which compares to $23.7 million in the second quarter of [...]