Intrepid Potash today reported its results for the first quarter of 2020. Please note a change in the conference call format described in the body of the press release due to updated Denver County stay-at-home restrictions. Key Takeaways for Q1 2020 • Cash flow from operations of $14.8 million • Net loss of $7.4 million, or $0.06 per share, driven [...]
Intrepid Potash Inc. today announced the appointment of Mary McBride as a new independent director to Intrepid’s Board of Directors , effective May 19, 2020. She will replace J. Landis Martin who announced his retirement, effective the same day, earlier this year. Ms. McBride brings additional financial, agricultural and oil and gas experience to [...]
Intrepid Potash Inc. today announced that on April 17, 2020, it received formal notice of non-compliance with the New York Stock Exchange share price continued listing standards, which require a listed common stock to maintain a minimum average closing price of $1.00 per share for 30 consecutive days. Under NYSE rules, Intrepid generally has six [...]
Intrepid Potash Inc. today, retires Series A Senior Notes, updates 2020 guidance and announces its first quarter 2020 earnings release and conference call dates. Highlights Repaid $20 million of senior notes Update 2020 capital expenditure guidance to $15-$20 million, a reduction of $15-$20 million from the top of previous guidance Intrepid’s [...]
Intrepid Potash Inc. today reports its financial results for the fourth quarter and full year of 2019. Key Takeaways for Fourth Quarter and Full Year 2019 Trio® and Oilfield Solutions segments continued to deliver strong sales results in the fourth quarter of 2019. Cash flow from operations of $11.8 million for the fourth quarter of 2019. Net [...]
Intrepid Potash Inc. plans to release its fourth quarter 2019 financial results on Monday, March 2, 2020, after the market closes. Intrepid will host a conference call on Tuesday March 3, 2020 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 [...]
Intrepid Potash Inc. announced today the appointment of Brian Stone as Chief Operating Officer, effective December 16, 2019, and Kyle Smith as General Counsel - Land, Minerals, Water, Oilfield Solutions and Government Affairs, effective December 30, 2019. Mr. Stone will assume responsibility for Intrepid’s oilfield solutions segment and its [...]
Intrepid Potash Inc. today reported its results for the third quarter of 2019. Key Takeaways for Q3 2019 • Double-digit sales increases across potash, Trio®, and oilfield solutions segments compared with the prior year third quarter, partially offset by startup costs associated with the accelerated ramp up of operations at Intrepid South [...]
Intrepid Potash Inc. plans to release its third quarter 2019 financial results on Tuesday, November 5, 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 [...]
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 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 [...]
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 [...]
