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, which is applied as an essential nutrient for healthy crop development, utilized in several industrial applications, and used as an ingredient in animal feed. In addition, Intrepid produces a specialty fertilizer, Trio®, which delivers three key nutrients, potassium, magnesium, and sulfate, in a single particle. Intrepid also provides water, magnesium chloride, brine, and various oilfield products and services. Intrepid serves diverse customers in markets where a logistical advantage exists and is a leader in the use of solar evaporation for potash production, resulting in lower cost and more environmentally friendly production. Intrepid's mineral production comes from three solar solution potash facilities and one conventional underground Trio® mine.

Company profile
Ticker
IPI
Exchange
Website
CEO
Robert Jornayvaz
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Intrepid Potash-Moab, LLC • Intrepid Potash-New Mexico, LLC • Intrepid Potash-Wendover, LLC • Moab Gas Pipeline, LLC • Intrepid Aviation LLC • 203 E. Florence, LLC • Intrepid Acquisition Sponsor, LLC • Intrepid Acquisition Corporation ...
IRS number
261501877
IPI stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
23 May 23
10-Q
2023 Q1
Quarterly report
4 May 23
8-K
Intrepid Announces First Quarter 2023 Results
3 May 23
DEFA14A
Additional proxy soliciting materials
5 Apr 23
DEF 14A
Definitive proxy
5 Apr 23
10-K
2022 FY
Annual report
7 Mar 23
8-K
Intrepid Announces Fourth Quarter and Full-Year 2022 Results
6 Mar 23
8-K
Departure of Directors or Certain Officers
10 Feb 23
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Intrepid Announces Third Quarter 2022 Results
2 Nov 22
Transcripts
IPI
Earnings call transcript
2023 Q1
4 May 23
IPI
Earnings call transcript
2022 Q4
7 Mar 23
IPI
Earnings call transcript
2022 Q3
3 Nov 22
IPI
Earnings call transcript
2022 Q2
5 Aug 22
IPI
Earnings call transcript
2022 Q1
3 May 22
IPI
Earnings call transcript
2021 Q4
8 Mar 22
IPI
Earnings call transcript
2021 Q3
2 Nov 21
IPI
Earnings call transcript
2021 Q2
3 Aug 21
IPI
Earnings call transcript
2021 Q1
4 May 21
IPI
Earnings call transcript
2020 Q4
2 Mar 21
Latest ownership filings
4
William M Zisch
23 May 23
4
BARTH E WHITHAM
23 May 23
4
Mary E McBride
23 May 23
4
Lori A Lancaster
23 May 23
4
Robert P Jornayvaz III
23 May 23
4
Chris A. Elliott
23 May 23
144
Notice of proposed sale of securities
23 May 23
144
Notice of proposed sale of securities
22 May 23
144
Notice of proposed sale of securities
19 May 23
4
Robert P Jornayvaz III
4 Apr 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 11.02 mm | 11.02 mm | 11.02 mm | 11.02 mm | 11.02 mm | 11.02 mm |
Cash burn (monthly) | 2.69 mm | 4.15 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 5.86 mm | 9.06 mm | n/a | n/a | n/a | n/a |
Cash remaining | 5.16 mm | 1.96 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1.9 | 0.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
13F holders | Current |
---|---|
Total holders | 127 |
Opened positions | 21 |
Closed positions | 40 |
Increased positions | 46 |
Reduced positions | 37 |
13F shares | Current |
---|---|
Total value | 158.08 bn |
Total shares | 28.40 mm |
Total puts | 267.40 k |
Total calls | 212.90 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Intrepid Production | 18.28 mm | $605.09 mm |
Teton Trust Co LLC as Trustee of Clearway Trust | 1.71 mm | $17.96 mm |
Clearway Capital Management | 1.20 mm | $0.00 |
BLK Blackrock | 848.42 k | $24.49 bn |
Dimensional Fund Advisors | 772.53 k | $22.30 mm |
Harvey Operating & Production | 608.51 k | $41.35 mm |
Vanguard | 585.41 k | $16.90 bn |
STT State Street | 222.30 k | $6.42 bn |
MS Morgan Stanley | 215.31 k | $6.22 bn |
CastleKnight Management | 210.80 k | $6.09 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 May 23 | Jornayvaz Robert P III | Common Stock | Sell | Dispose S | Yes | No | 20.08 | 29,300 | 588.34 k | 1,605,923 |
22 May 23 | Jornayvaz Robert P III | Common Stock | Sell | Dispose S | Yes | No | 20.47 | 200 | 4.09 k | 1,635,223 |
22 May 23 | Jornayvaz Robert P III | Common Stock | Sell | Dispose S | Yes | No | 19.97 | 41,658 | 831.91 k | 1,635,423 |
19 May 23 | Elliott Chris A. | Common Stock | Grant | Acquire A | No | No | 0 | 4,343 | 0.00 | 39,960 |
19 May 23 | Jornayvaz Robert P III | Common Stock | Sell | Dispose S | Yes | No | 19.69 | 43,842 | 863.25 k | 1,677,081 |
19 May 23 | Lancaster Lori A | Common Stock | Grant | Acquire A | No | No | 0 | 4,343 | 0.00 | 8,615 |
19 May 23 | McBride Mary E | Common Stock | Grant | Acquire A | No | No | 0 | 4,343 | 0.00 | 17,150 |
19 May 23 | Barth E Whitham | Common Stock | Grant | Acquire A | No | No | 0 | 4,854 | 0.00 | 42,255 |