Welcome to our dedicated page for Intrepid Potash news (Ticker: IPI), a resource for investors and traders seeking the latest updates and insights on Intrepid Potash stock.
Intrepid Potash, Inc. reports developments for a U.S. mineral producer focused on potash, Trio® specialty fertilizer, and related potassium, magnesium, sulfur, and salt products. The company is the only U.S. producer of muriate of potash and produces minerals through three solar solution potash facilities and one conventional underground Trio® mine.
Recurring news covers quarterly results, fertilizer pricing and sales volumes, potash and Trio® production, operating costs, capital spending, mine and cavern projects, asset portfolio actions, and lithium recovery work tied to byproduct brine at the Wendover, Utah potash facility.
York Space Systems (NYSE: YSS) announced that Chief Financial Officer Kevin Messerle will step down from his role. The company appointed Brian Frantz, currently Chief Accounting Officer, as interim CFO effective August 14, 2026. Messerle will remain CFO through the filing of York’s Form 10-Q for the second quarter of 2026. Frantz has over three decades of financial leadership experience, including prior roles as CFO of RE/MAX International and Principal Financial Officer of Intrepid Potash (NYSE: IPI), and has led York’s public-company transition and SEC reporting, internal controls, and compliance.
Intrepid (NYSE:IPI) reported second quarter 2026 sales from continuing operations of $66.7 million versus $67.5 million a year earlier, while gross margin rose to $16.6 million from $12.4 million and adjusted EBITDA(1) from continuing operations increased to $17.5 million from $13.8 million.
Net income from continuing operations was $2.4 million ($0.18 per diluted share), with total net income of $15.6 million including a $13.2 million after-tax gain on the $68.9 million sale of Intrepid South. The company ended June 30, 2026 with $185.0 million of cash and no borrowings, lowered 2026 capital expenditure guidance to approximately $40 million, raised full-year potash and Trio® production guidance, and expanded its share repurchase authorization to $50 million. Intrepid also recorded a $5.0 million loss contingency related to the Pecos water rights matter.
Intrepid (NYSE: IPI) plans to release its second quarter 2026 financial results on Tuesday, August 4, 2026, after market close. A conference call will follow on Wednesday, August 5, 2026, at 12:00 p.m. ET to discuss results, outlook, and operations.
Intrepid Potash (NYSE:IPI) appointed Jason Tremblay as Chief Financial Officer, effective June 15, 2026. He brings nearly 30 years of experience in finance, strategy, operations, and business transformation across mining, agriculture, and crop nutrition.
He previously held senior roles at The Mosaic Company and in public accounting.
Intrepid Potash (NYSE:IPI) increased its common stock repurchase authorization to $50 million, up from the original $35 million approved in February 2022, which had about $13 million remaining. The move aligns with improving operating performance, a stronger balance sheet, and broader capital allocation plans.
The program allows flexible open-market or privately negotiated buybacks, subject to market conditions, credit facility limits, and other factors, and may be suspended or discontinued at any time.
Intrepid Potash (NYSE: IPI) reported Q1 2026 continuing operations: sales $98.7M, net income $6.9M ($0.52 diluted), adjusted net income $8.2M ($0.62), and adjusted EBITDA $19.0M. Combined potash and Trio® sales were 211k tons. The company received $70M cash for the April 1 sale of most Intrepid South Ranch assets and reclassified oilfield solutions as discontinued operations. Cash was $99.3M and the $150M revolver had no borrowings. Management cited higher realized prices, improved Trio® margins, and operational efficiency gains driving stronger per‑ton costs.
Intrepid Potash (NYSE: IPI) will release its first quarter 2026 financial results on Wednesday, May 6, 2026 after the market closes. Management will host a conference call on Thursday, May 7, 2026 at 12:00 p.m. ET to discuss results, outlook, and take investor questions.
Dial-in numbers have changed; the call will be available via live webcast and a recording will be posted about two hours after the call and remain available for 12 months.
Intrepid Potash (NYSE:IPI) announced on April 2, 2026 the sale of the majority of assets comprising the Intrepid South Ranch for $70.0 million, which includes an $8.0 million deposit received in December 2025. The sale transfers approximately 21,793 acres of fee land, 27,858 acres of federal grazing leases, water rights, and related assets that make up most of its oilfield solutions operations.
The company said net proceeds will increase financial flexibility to invest in core potash and Trio production, accelerate decades of cash flow into a single transaction, and be largely sheltered from income taxes by deferred tax assets. Raymond James and Lewis Ringelman advised the company.
Intrepid Potash (NYSE:IPI) announced an updated Technical Report Summary confirming long-term viability of the White Silver Lithium Project, which will recover 5,000 tons/year of battery-grade lithium carbonate (>99.5% purity) from an industrial brine by-product at Intrepid's Wendover, Utah potash facility.
The design, engineering and execution are under a joint development agreement with Aquatech and Adionics; Aquatech's modular PEARL™ process is presented as the basis for capital efficiency, scalability and a long-term performance guarantee.
Intrepid Potash (NYSE:IPI) reported Q4 and full‑year 2025 results with FY sales of $298.3M, adjusted EBITDA $63.1M, and FY net income $11.2M. Cash and cash equivalents were $83.5M at year‑end with no borrowings on a $150M revolver. Trio® reached a company record 303k tons sold. Management provided 2026 guidance for higher Trio® production and first‑quarter sales ranges, and disclosed an $8.0M deposit related to a potential Intrepid South asset sale.
Capital expenditures were $30.2M in 2025 with a 2026 budget of $40–50M. Wendover lithium tests showed a 92.9% extraction rate and battery‑grade lithium carbonate production in demonstration testing.