---
schema_version: "secwatch.filing_event.v1"
accession: "0001421461-24-000029"
form_type: "8-K"
ticker: "IPI"
cik: "0001421461"
company_name: "Intrepid Potash, Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T05:56:21.631549+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Intrepid Q3 net loss narrows to $1.8M; CEO steps down; capex guidance trimmed

## Summary
- Net loss $1.8M ($0.14/diluted share) vs loss $7.2M ($0.56) YoY; adjusted EBITDA $10.0M vs $2.2M.
- CEO Bob Jornayvaz stepped down Oct 4, 2024; CFO Matt Preston acts as principal executive officer; CEO search ongoing.
- Potash sales volumes 54K tons (+17%), avg price $356/ton (-18%); potash gross margin improved to $4.1M.
- Oilfield solutions posted record quarterly sales of $10.3M (large frac at Intrepid South); segment gross margin $3.1M.
- Capex guidance lowered to $37-40M from $40-50M; Phase Two HB Brine Injection Pipeline completed.

## SEC filing metadata
- accession: 0001421461-24-000029
- form_type: 8-K
- ticker: IPI
- cik: 0001421461
- company_name: Intrepid Potash, Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1421461/000142146124000029/0001421461-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421461/000142146124000029/ipi-20241104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001421461-24-000029
- JSON: https://secwatch.observer/filing/0001421461-24-000029.json
- Plain text: https://secwatch.observer/filing/0001421461-24-000029.txt

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