Highest-materiality recent filing
Intrepid Potash expands share repurchase authorization to $50M, up from $35M
Board increased repurchase authorization to $50M; $13M remained under prior $35M program.
Intrepid Potash Q1 net income $6.9M, adj. EBITDA $19.0M; sells South Ranch for $70M
Net income from cont ops $6.9M ($0.52 diluted); adj. net income $8.2M ($0.62) vs $3.4M ($0.26) YoY.
Intrepid sells South Ranch assets for $70M; extends credit facility to 2031
Sold majority of oilfield solutions segment assets to HydroSource Logistics for $70M cash; closed April 1, 2026.
Intrepid Potash CFO Matthew Preston departs; Cris Ingold named interim CFO
CFO Matthew Preston departed March 11, 2026; separation agreement includes $1,335,638 cash lump sum for transition services and forfeiture of unvested equity.
Intrepid Potash FY2025 net income $11.2M; record Trio volumes 303K tons
Q4 sales $75.9M, net loss $0.4M (includes $4M legal charge); FY net income $11.2M vs loss $212.8M in FY2024.
Intrepid Potash Q3 net income $3.7M on strong pricing; Trio margins surge
Net income $3.7M ($0.28 diluted EPS) vs loss $1.8M in Q3 2024; adjusted net income $1.5M ($0.11/sh).
Intrepid Potash Q2 net income $3.3M, adjusted EBITDA $16.4M, cuts production outlook
Total sales $71.5M, net income $3.3M ($0.25 diluted), adjusted EBITDA $16.4M (up ~75% YoY).
Mary E. McBride and Barth E. Whitham elected as Class II directors for three-year terms expiring at 2028.
Q1 net income $4.6M vs loss of $3.1M YoY; adjusted EBITDA doubles to $16.6M
Total sales $97.8M (+23% YoY); net income $4.6M ($0.35 diluted EPS) vs net loss $(3.1M) prior year.
Intrepid Potash Q4 net loss $207M (incl. $199M deferred tax charge); adj. net loss $1.4M
Full-year 2024 sales $254.7M, down 9% from $279.1M in 2023; potash sales volumes fell 7%.
Board expands from 7 to 8; Avendano appointed as independent Class I director effective Jan 14, 2025.
Intrepid Potash appoints Kevin Crutchfield as CEO effective Dec 2, 2024
Kevin Crutchfield appointed CEO effective Dec 2, 2024; replaces acting CEO Matt Preston.
Intrepid Q3 net loss narrows to $1.8M; CEO steps down; capex guidance trimmed
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 resigns following medical leave; receives $2.04M payout
Separation agreement provides $2,041,949 cash payment plus COBRA and medical benefits.
Intrepid Potash board amends bylaws, removes chairman must be CEO rule
Advance notice bylaw clarifies nominating stockholder must satisfy federal and state disclosure obligations.
Net loss of $0.8 million ($0.06 per diluted share) compared to net income of $4.3 million in Q2 2023.
Intrepid Potash appoints Barth Whitham Chair, initiates CEO search; Q2 outlook updated
Barth Whitham elected Chairman, replacing Bob Jornayvaz who remains on extended medical leave.
Intrepid Potash shareholders elect two Class I directors and ratify auditor at annual meeting
Chris A. Elliott elected with 6,073,402 votes for, 787,035 withheld; Lori A. Lancaster elected with 3,557,002 for, 3,321,062 withheld.
Intrepid Potash Q1 net loss $3.1M; sales down 9% YoY; CEO on medical leave
Sales $79.3M (down 9% YoY); net loss $0.24/diluted share vs net income $0.35 prior year.
CEO Bob Jornayvaz granted temporary medical leave effective April 16, 2024, to recover from previously announced accident.
Intrepid Potash CFO reverses departure; appoints new Chief Accounting Officer
CFO Matthew Preston will stay; salary raised to $390,000 and $300K restricted stock grant.
Intrepid Potash CFO Matthew Preston to depart April 12, 2024; search for successor underway
CFO Matthew Preston leaving effective April 12, 2024, to pursue another business opportunity.
Intrepid Potash Q4 net loss $37.3M on $42.8M impairment; sales down 15% for 2023
Full-year 2023 sales $279M vs $338M in 2022; net loss $35.7M ($2.80/sh) includes $43.3M impairment.
the Board appointed Gonzalo Avendano as an additional independent director to fill the vacancy created by the expansion of the Board and to serve as a Class I director of the Company.
Effective September 30, 2024, Mr. Jornayvaz resigned from all positions with the Company and its subsidiaries and affiliates, including as the Chief Executive Officer and as a member of its Board of Directors (the “Board”).
On July 9, 2024, the Company’s Board of Directors appointed director Barth Whitham to the role of Chairman of the Board, replacing Robert Jornayvaz.
On July 9, 2024, the Company’s Board of Directors appointed director Barth Whitham to the role of Chairman of the Board, replacing Robert Jornayvaz.
the Board appointed Matthew D. Preston, the Company’s Chief Financial Officer, as acting principal executive officer of the Company.
appointed Hugh E. Harvey, Jr. to serve as a Class III director on the Board
the Board temporarily delegated all responsibilities of the Chairman of the Board to Barth Whitham, Lead Director.
granted Robert P. Jornayvaz III, Executive Chairman of the Board and Chief Executive Officer of the Company, a temporary medical leave of absence, effective immediately
On April 5, 2024, the Board promoted Cris Ingold to Chief Accounting Officer of the Company, effective April 12, 2024.
On March 25, 2024, Matthew Preston, Chief Financial Officer of Intrepid Potash, Inc. (the “Company”), informed the Company that he will be leaving his position to pursue another business opportunity, effective April 12, 2024.
Max materiality 0.85 · Median 0.70 · Most common event earnings