Intrepid reports its financial results for the fourth quarter and full year of 2021. Key Fourth Quarter and Full Year 2021 Takeaways Net income of $223.9 million and $249.8 million in the fourth quarter and full year 2021, respectively, which includes the release of $215.9 million of valuation allowance for deferred tax assets Adjusted net income [...]
Intrepid Potash Inc. plans to release its fourth quarter 2021 financial results on March 7, 2022, after the market closes. Intrepid will host a conference call on March 8, 2022 at 12:00 p.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 [...]
Intrepid Potash Inc. announced that one of its indirect subsidiaries, Intrepid Acquisition Corporation I, a newly formed special purpose acquisition company, filed a registration statement on Form S-1 with the SEC in connection with a proposed initial public offering of its units. Intrepid and Three Two Seven Family Management, LLC d/b/a CW [...]
Intrepid Potash Inc. reported its results for the third quarter of 2021. Key Takeaways for Q3 2021 Potash and Trio® average net realized sales price of $381 and $336 per ton respectively in Q3 2021, a year-over-year increase of $143 and $147 per ton, respectively. We expect potash price of approximately $495/ton and Trio® price of approximately [...]
Intrepid Potash Inc. plans to release its third quarter 2021 financial results on Nov 1, 2021, after the market closes. Intrepid will host a conference call on Nov 2, 2021 at 12:00 p.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 [...]
Intrepid Potash announced the following increase to its potash and Trio® pricing, effective August 9, 2021. $80/ton increase to Ag potash price at all locations and for all product grades. Intrepid is now posted at $200/ton above the 2021 summer-fill price levels announced in May 2021. $50-$55/ton increase to Trio® price depending on grade [...]
Intrepid Potash Inc. announced today that its East Mine operation in Carlsbad, NM was the recipient of the 2020 Sentinels of Safety Award in the Large Underground Nonmetal category. Established in 1925, the Sentinels of Safety Award is presented by the National Mining Association each year to recognize the outstanding safety achievements of mining [...]
Intrepid Potash reported its results for the second quarter of 2021. Key Takeaways for Q2 2021 As of June 30, 2021, Intrepid had $53 million in cash on hand and only $30 million of remaining debt which is outstanding on its revolving credit facility. Intrepid paid down its remaining $15 million of Senior Notes and received full forgiveness of its [...]
Intrepid Potash announced that Brian Stone has been promoted to President of Intrepid, effective August 2, 2021. As President, Mr. Stone will assume daily responsibility for executing the operations for all segments of Intrepid's business. "Brian's leadership experience and commodities background have been a wonderful addition to Intrepid and we [...]
Intrepid Potash Inc. plans to release its second quarter 2021 financial results on August 2, 2021, after the market closes. Intrepid will host a conference call on August 3, 2021 at 12:00 p.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 [...]
Intrepid Potash Inc. today announced the appointment of Lori A. Lancaster as a new independent director to Intrepid's Board of Directors , effective July 28, 2021. She will replace Terry Considine who announced his retirement, effective the same day, on June 27, 2021. Ms. Lancaster brings additional financial, merger and acquisition, and oil and [...]
Intrepid Potash Inc. today announced the following increase to its potash and Trio® pricing. In response to recent increases in the barge and inland warehouse potash markets, Intrepid increased its potash price by $90 per ton at all locations and for all product grades. Intrepid is now posted at $250 per ton above 2020 summer-fill price levels [...]