Intrepid PotashIPI
Market Cap: $309M
About: Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield Solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, saltwater disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.
Employees: 485
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
49.88% more ownership
Funds ownership: 9.01% [Q1] → 58.89% (+49.88%) [Q2]
42% more call options, than puts
Call options by funds: $3.39M | Put options by funds: $2.38M
28% more capital invested
Capital invested by funds: $143M [Q1] → $183M (+$40.1M) [Q2]
7% more funds holding
Funds holding: 92 [Q1] → 98 (+6) [Q2]
7% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 30
Research analyst outlook
We haven’t received any recent analyst ratings for IPI.