earnings
confidence high
sentiment positive
materiality 0.80
Intrepid Potash FY2022 sales $337.6M, net income $72.2M; potash avg price $713/ton
Intrepid Potash, Inc.
- Full-year 2022 sales $337.6M, net income $72.2M ($5.37 diluted EPS); adjusted net income $80.4M, adjusted EBITDA $141.8M.
- Potash segment: avg realized price $713/ton (+102% YoY); sales volume 222K tons (-33% YoY); production 270K tons.
- Trio segment: avg realized price $479/ton (+62% YoY); sales volume 197K tons (-18% YoY); production 226K tons.
- Share repurchases: 608,657 shares for $22.0M in 2022; liquidity $155M as of Feb 28, 2023.
- 2023 capital guidance $60-75M; growth projects include HB pipeline, Moab cavern, Intrepid South sand project targeting 1M tons/year.