Intrepid Potash Inc. plans to release its second quarter 2024 financial results on Monday, August 5, 2024, after the market closes. Intrepid will host a conference call on Tuesday, August 6, 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 1 715-9871 [...]
Intrepid Potash Inc. today announced the Board of Directors of Intrepid has elected Barth Whitham, formerly Lead Independent Director, as its Chair. The Board has also initiated a search process to identify a successor for Intrepid's Chief Executive Officer, Bob Jornayvaz. During this process, Intrepid's Chief Financial Officer, Matt Preston, will continue to serve as acting principal executive officer, working closely [...]
Intrepid Potash Inc. today announced the publication of its 2024 Sustainability Report. The 2024 Sustainability Report provides an overview of our sustainability efforts; Environmental, Social, and Governance initiatives; and includes our Scope 1 and Scope 2 emissions data for 2021 through 2023. Please visit the ESG section of our website to access the report. About Intrepid Intrepid is a diversified mineral company that [...]
Intrepid Potash Inc. today reported its results for the first quarter of 2024. Key Highlights for First Quarter 2024 Financial & Operational Total sales of $79.3 million, which compares to $86.9 million in the first quarter of 2023. Net loss of $3.1 million , which compares to net income of $4.5 million in the first quarter of 2023. Gross margin of $6.4 million, which compares to $16.4 million in the first quarter of [...]
Intrepid Potash Inc. 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. Management invites you to listen to the conference call by using the toll-free dial-in number 1 715-9871 or [...]
Intrepid Potash Inc. today announced that on April 16, 2024, the Board of Directors 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 [...]
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 [...]