secwatch.observer — SEC 8-K summary
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Issuer:     Intrepid Potash, Inc. (IPI)
CIK:        0001421461
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001421461-23-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intrepid Potash FY2022 sales $337.6M, net income $72.2M; potash avg price $713/ton
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1421461/000142146123000007/0001421461-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1421461/000142146123000007/ipi-20230306.htm
  HTML page:      https://secwatch.observer/filing/0001421461-23-000007

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