Intrepid PotashIPI
IPI
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
51% more call options, than puts
Call options by funds: $2.84M | Put options by funds: $1.88M
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
8% less funds holding
Funds holding: 98 [Q2] → 90 (-8) [Q3]
8.83% less ownership
Funds ownership: 59.4% [Q2] → 50.57% (-8.83%) [Q3]
13% less capital invested
Capital invested by funds: $185M [Q2] → $161M (-$23.5M) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$19
15%
downside
Avg. target
$19
15%
downside
High target
$19
15%
downside
1 analyst rating
0 positive
0%
0 neutral
0%
1 negative
100%
UBS Joshua Spector 39% 1-year accuracy 15 / 38 met price target | 15%downside $19 | Sell Maintained | 5 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
2 weeks ago
Intrepid Potash Announces Appointment of Kevin S. Crutchfield as Chief Executive Officer
DENVER--(BUSINESS WIRE)--Intrepid Potash, Inc. (“Intrepid,” “we,” “the Company,” or “our”) (NYSE: IPI) today announced the Board of Directors (the “Board”) of Intrepid has appointed Kevin S. Crutchfield as Chief Executive Officer and Board director, effective immediately. “Kevin is an accomplished and recognized executive in the mining industry who brings extensive leadership experience in navigating global industry dynamics. He has a strong track record of driving growth and enhancing producti.
Neutral
Accesswire
1 month ago
American Potash Announces Rebrand to American Critical Minerals as Green River Project Positioned for Both Potash and Lithium Development and Announces Private Placement to Raise Up to $1 Million
VANCOUVER, BC / ACCESSWIRE / November 12, 2024 / American Potash Corp. ("American Potash"or the"Company") (CSE:KCL)(OTC PINK:APCOF)(Frankfurt:2P3) announces that, subject to regulatory approvals, it will change its name (the "Name Change") to "American Critical Minerals Corp." and adopt the new ticker symbol "KCLI". In addition to existing potash production, the Paradox Basin is now established as a major source of lithium brines in the United States.
Neutral
Business Wire
1 month ago
Intrepid Publishes New Investor Presentation
DENVER--(BUSINESS WIRE)--Intrepid Potash Inc. ("Intrepid" or “the Company”) (NYSE:IPI) today has made a new investor presentation available through the Investor Relations section of the Company's website at intrepidpotash.com. About Intrepid Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed and the oil and gas industry. Intrepid is the only U.S. producer of muriate of potash,.
Neutral
Seeking Alpha
1 month ago
Intrepid Potash, Inc. (IPI) Q3 2024 Earnings Call Transcript
Intrepid Potash, Inc. (NYSE:IPI ) Q3 2024 Earnings Conference Call November 5, 2024 12:00 PM ET Company Participants Evan Mapes - Investor Relations Manager Matthew Preston - Chief Financial Officer and Acting Principal Executive Officer Zachry Adams - VP of Sales and Marketing John Galassini - VP of Operations Conference Call Participants Lucas Beaumont - UBS Jason Ursaner - Bumbershoot Holdings Operator Thank you for standing by. This is the conference operator.
Negative
Zacks Investment Research
1 month ago
Intrepid Potash (IPI) Reports Q3 Loss, Tops Revenue Estimates
Intrepid Potash (IPI) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of $0.11. This compares to loss of $0.53 per share a year ago.
Neutral
Business Wire
1 month ago
Intrepid Announces Third Quarter 2024 Results
DENVER--(BUSINESS WIRE)--Intrepid Potash, Inc. ("Intrepid", "the Company", "we", "us", or "our") (NYSE:IPI) today reported its results for the third quarter of 2024. Key Highlights for Third Quarter 2024 Financial & Operational Total sales of $57.5 million, which compares to $54.5 million in the third quarter of 2023. Net loss of $1.8 million (or $0.14 per diluted share), which compares to a net loss of $7.2 million (or $0.56 per diluted share) in the third quarter of 2023. Gross margin of.
Positive
Zacks Investment Research
1 month ago
Intrepid Potash (IPI) Reports Next Week: Wall Street Expects Earnings Growth
Intrepid Potash (IPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 month ago
Intrepid Announces Date for Third Quarter 2024 Earnings Release
DENVER--(BUSINESS WIRE)--Intrepid Potash, Inc. (NYSE: IPI) plans to release its third quarter 2024 financial results on Monday, November 4, 2024, after the market closes. Intrepid will host a conference call on Tuesday, November 5, 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 (800) 715-9871 or International dial-in nu.
Neutral
Accesswire
2 months ago
American Potash Rounds Out Board of Directors with Appointments of Eric Miller and Steve Vanry
VANCOUVER, BC / ACCESSWIRE / October 17, 2024 / American Potash Corp. ("American Potash"or the"Company") (CSE:KCL)(OTC PINK:APCOF)(Frankfurt:2P3) is pleased to announce that it has appointed Eric Miller and Steve Vanry to its Board of Directors with immediate effect. Eric Miller has strong relationships with Federal and State Governments in the United States and their various Agencies, as well as Governments globally.
Positive
Seeking Alpha
2 months ago
Intrepid Potash: A Low-Risk, High-Uncertainty Value Opportunity
Intrepid Potash offers a "low-risk, high uncertainty" value opportunity with a clean balance sheet, positive cash flow, and cheap valuation despite short-term uncertainties. The company faces headwinds such as declining potash prices and the sudden departure of its long-tenured CEO, who is also the largest shareholder. Upside potential includes improved production volumes and capital allocation changes under new leadership, especially if potash prices rebound.
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