Thank for in everyone. our you, Evan. We attendance Good interest Intrepid second call. and morning, appreciate your quarter earnings
process initiated search remains medical leave a a Bob identify of on announced our we Jornayvaz, As and Board July, our has CEO, in his absence to successor.
we on call. today's we don't any share to understand have While your additional interest, information
have as on to them. CEO we Bob's as continue status updates as Intrepid We will relates to search issue it
on increase $X.X price million from prior $XX.X period in but reduced weighed EBITDA For our lower totaled our adjusted down overall results, results. second $X.X sequentially, and sales as million, year potash the a levels quarter million our
the lower prior unit rates a Our Trio to increased spot economics in material year. improvements our to costs and results be continue to bright production compared overall mining a as segment led
Moving our agricultural markets. to in the macro outlook
Although approach demand growers solid throughout have crop U.S. half support potash the the continue to we financial their maximizing in key this a of yields remain of story. which year. futures potash position, with year, will U.S. believe in farmers that steady softened second crop Pharma are expected helping
for specifically, demand XXXX, and expect been fill As full solid after pricing has a the stable market the program. good during to potash global potash response throughout season we relatively the summer
help with is the U.S. of Additionally, demand settlement of China current further line potash further half key and should right in help in back Brazil values contracts pricing as year in spur Markets. in and India -- the Barge
on to which pricing our The performance period and were to $X.X sales gross declining Moving production million, we year-over-year financial past In the $X.X totaled the volumes, compares of results. second drivers combination first segment in over of the prior trend key margin of million our to work as declining few in $XX.X quarter. and potash year potash, million lower a years. reverse the our quarter
period year XX,XXX an potash tons spring higher prior our extended season rates to moving production indication production tons, of brine are from which improved up in the compared at provides That year. XX,XXX said, is the to led grades first prior HB our that as
cost still prior improvement from the million a the materializing $X $X.X of our we In year. year year generated sequentially price second improvement a year. approximately gross And margin million lower For $X.X realized are our last despite period compared million quarter, to per efficiencies in and last expect production Trio, a our and ton in full XXXX XX% improvement be than we outlook, results. on higher potash to operational our focus
record. sales volumes in sold the our a company in support tons second first XXX,XXX sulfate quarter, XX,XXX bringing in production of half Improved tons, resulted pricing to
the or front, cost XX% by compared ton per the of this approximately XX% $XXX quarter lower prior And than the to approximately better goods have per for second was of at our ton $XXX quarter, the when XXXX. ton. decreased half first sold year, second to per cost figure On even
as continues quarter a be steady contract and to services the trend revenues Oilfield improving and per while our barrel performer the to our sales to from $XXX,XXX been an gross reducing successful Solutions approximately million, continue of product up we've price products labor compared prior expense. and margin prior second increasing with in year sequentially. availability, Brine flat year increase also oilfield $X.X and
range price third between net the of sales be $XXX volumes $XXX XX,XXX quarter expect tons to guidance, potash an XX,XXX per and our to in at average For we sales realized ton.
and based varying truck application timing markets. the volumes on fall of With
Trio, ton. we net to an sales of XX,XXX volumes in XX,XXX At range our per $XXX be the tons. realized of For sales to expect to price average $XXX
down Q&A, current their potash positioning, for I outlook. sheet to by current in our potash enough debt, improving our balance no has that priority ensuring up prices XXXX. be cash revolver end on August a comments mid-cycle with key $XX million and balanced will Starting the continues backed matures company near-term our global million floor to opening weather cash has Intrepid no finding cycles. Before with With borrowings market. production The positioning unforeseen and and of on $XXX my outstanding long-term remarks Intrepid's
production of improves, more brine earnings fact need ton the solar Until cautious it's and not our of potash X- the trends to trailing we remain our our we sight goals to availability as lose our cost less improve. Intrepid met per a that then, approach. higher, can injection importantly, prudent we've on to potash because As rate feel production profile, and confidence production backdrop across for with guarded declining our X-year our take to but outlook
annual XXXX, we of pricing That help bound even XX% term. which get to believe next production to compared said, relatively we as stays improve in if production XX% of our our rates cash potash see over range near improve, in and and cost the potash per will flow back ton couple improvement the XXX,XXX years, will tons to we margins
as will expense also meaningful to steady We sales, on business to projects upside without and for longer-term smaller on continue our SG&A like from brine such away look core our of taking the our business. opportunities focus progress lithium make improving but reduce resources the portions
efforts redirect aren't when will which a we trending in our Finally, project. projects with sand favorable done direction, we've
construction we operation across our project market the our project have the this is in necessary improve. While pausing internal services Mexico, of conditions We this with uniquely both operation are in market if place all and positioned only the still sand permits permitted softening as Southeast focusing in Permian, elsewhere. development conditions resources New and oilfield for
on constructive and remain outlook markets, fertilizer clean the long-term progress sheet we the will to what success continuing make the time we our on to right costs the to focus our results. and can shareholders. market control, by of are conclude, value long-term us right and To is encouraged our optimistic QX investments in to agriculture drive for and a allow at operations balance which operating we seen efficiencies, the improving controlling ensure and
ready our now for Q&A call. we're Operator, portion of the
