---
schema_version: "secwatch.filing_event.v1"
accession: "0001421461-24-000026"
form_type: "8-K"
ticker: "IPI"
cik: "0001421461"
company_name: "Intrepid Potash, Inc."
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T13:03:29.158050+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Intrepid Potash reports Q2 2024 net loss of $0.8M, sales down 23% to $62.1M, and initiates CEO search

## Summary
- Net loss of $0.8 million ($0.06 per diluted share) compared to net income of $4.3 million in Q2 2023.
- Total sales fell to $62.1 million from $81.0 million in prior year quarter.
- Potash sales volumes down 30% to 55 thousand tons; average realized price per ton fell to $405 from $479.
- Board elected Barth Whitham as Chair and initiated search for new CEO after Bob Jornayvaz's extended medical leave.
- Company expects 2024 potash production ~15% higher than 2023; capital expenditures guidance unchanged at $40-50 million.

## SEC filing metadata
- accession: 0001421461-24-000026
- form_type: 8-K
- ticker: IPI
- cik: 0001421461
- company_name: Intrepid Potash, Inc.
- filed_at: 2024-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1421461/000142146124000026/0001421461-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421461/000142146124000026/ipi-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001421461-24-000026
- JSON: https://secwatch.observer/filing/0001421461-24-000026.json
- Plain text: https://secwatch.observer/filing/0001421461-24-000026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.