secwatch.observer — SEC 8-K summary
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Issuer:     Intrepid Potash, Inc. (IPI)
CIK:        0001421461
Form:       8-K
Filed at:   2022-03-07T23:59:59+00:00
Accession:  0001421461-22-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrepid Q4 adj. net income $8.0M; potash price $504/ton; $35M buyback
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- Net income $223.9M Q4 2021 includes $215.9M release of deferred tax asset valuation allowance.
- Adjusted net income $8.0M ($0.60 EPS); Adjusted EBITDA $24.8M vs prior year.
- Potash avg realized price $504/ton (up from $248); Trio $388/ton (up from $188).
- Board approved $35M share repurchase program; cash ~$60M as of March 7, 2022.
- Joint feasibility study with New Mexico consortium for treated produced water as injectate; pilot Q3 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1421461/000142146122000003/0001421461-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1421461/000142146122000003/ipi-20220307.htm
  HTML page:      https://secwatch.observer/filing/0001421461-22-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer