Intrepid Potash Inc.

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 $370/ton in Q4 2021. Net income of $4.0 million, or $0.30 per share Gross [...]

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 call by using the dial-in number 1-800-319-4610 from the U.S. and Canada, or [...]

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. "Attractive grain prices and farmer economics continue to support the global and [...]

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 operations across a variety of categories. Recipients of the award recorded [...]

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 $10 million Paycheck Protection Program loan to achieve this cash positive [...]

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 are excited for him to lead the execution of our strategic vision to grow our [...]

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 conference call by using the dial-in number 1-800-319-4610 from the U.S. and [...]

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 gas experience to the Board. "The depth of Lori's investment banking [...]

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. Effective June 23, 2021, Intrepid increased its Trio® price by $35 per ton on [...]

Intrepid Potash Inc. today announced the following updates to its liquidity position: On June 1, 2021, Intrepid paid down the remaining $15 million outstanding on its Series B Senior Notes with cash on hand. Along with the paydown, Intrepid made a make-whole payment of $0.5 million and paid accrued interest of $0.1 million to noteholders. The Series B Senior Notes were scheduled to mature in April 2023. After the payoff [...]