Intrepid Potash
Agriculture and Farming, Energy, Manufacturing
Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed and the oil and gas industry. They are a leader in the use of solar evaporation for potash production, resulting in lower cost and more environmentally friendly production.
Key facts
- Employees
- 330
- Industries
- Agriculture and Farming, Energy, Manufacturing
- Status
- Public (IPI)
- Website
- intrepidpotash.com
- Company page
Recent activity at Intrepid Potash
- : SEC 8-K (5.02): On June 15, 2026, Intrepid Potash, Inc. appointed Jason Tremblay as Chief Financial Officer, effective immediately. He replaces Cris Ingold, who served as interim principal financial officer since March 16, 2026, and will continue as Chief Accounting Officer. Mr. Tremblay's annual base salary is set at $435,000, with a target bonus opportunity of 75%, and an equity grant valued at $350,000 is to be awarded within 30 days. His appointment is significant for the company's strategic direction, as he has extensive experience in finance and strategic management from his prior role at The Mosaic Company.
- : SEC 8-K (7.01): On June 3, 2026, Intrepid Potash, Inc. announced an increase in its share repurchase program, enhancing the total authorization to $50 million for the repurchase of its common stock. This revision comes after approximately $13.0 million remained from the prior $35 million program as of May 28, 2026. The strategic implication of this action indicates an effort by the Board of Directors to increase shareholder value and signal confidence in the company's financial health. The information regarding the increase is included in the press release furnished as Exhibit 99.1, which is incorporated by reference but not deemed 'filed' under the Securities Exchange Act.
- : SEC 8-K (1.01): On April 1, 2026, Intrepid Potash, Inc. completed the sale of its Intrepid South Ranch assets to HydroSource Logistics, LLC for a total consideration of $70.0 million in cash. The assets sold include approximately 21,793 acres of fee land, 27,858 acres with federal grazing leases, and associated water rights, representing a significant portion of the Company's oilfield solutions segment operations. This transaction follows the Third Amendment to its Credit Agreement made on March 30, 2026, which was also outlined in the filing. The Asset Disposition is aimed at optimizing the Company's financial position and is subject to certain customary representations and warranties.
- : SEC 8-K (1.01): On March 30, 2026, Intrepid Potash, Inc. entered into a Successor Agent Agreement and Third Amendment to its Amended and Restated Credit Agreement with Bank of Montreal and BMO Bank N.A. The Third Amendment extends the maturity date of the Credit Agreement to March 30, 2031, allowing the company to have an extended period for its financial obligations. This amendment potentially provides Intrepid Potash greater financial flexibility and better terms going forward. The adjustments reflect a significant update to the company's financing strategy, enhancing its operational capacity through improved terms on its credit facilities.
- : SEC 8-K (5.02):
- : Intrepid Partners with Aquatech and Adionics to Develop Lithium Project in Utah.
- : Intrepid Appoints Gonzalo Avendano to Board and Enters Cooperation Agreement with Clearway Capital Management LLC
Employee benefit plans
Intrepid Potash files 3 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Intrepid Potash in the news
- Intrepid Potash Announces Appointment of Jason Tremblay as Chief Financial Officer - Business Wire (Jun 15, 2026)
- Intrepid Potash, Inc. (IPI) stock price, news, quote and history - Yahoo Finance UK (Apr 30, 2017)
- Intrepid Announces Date for Third Quarter 2026 Earnings Release - FinancialContent (Oct 20, 2026)
- Intrepid Potash Appoints Lori Lancaster to Board - citybiz (Jun 30, 2021)
- If built, Intrepid's New Mexico fertilizer plant could produce about 220,000 tons a year. - Stock Titan (Oct 26, 2026)
- Intrepid, Aquatech, and Adionics Progress in Their Partnership to Develop a Lithium Project in Utah Supporting the Supply of National Critical Minerals - Business Wire (Jan 05, 2026)
- Intrepid Potash, Inc. (IPI) Stock Price, News, Quote & History - Yahoo! Finance Canada (Apr 28, 2017)
- Intrepid Potash Announces Appointment of Kevin S. Crutchfield as Chief Executive Officer - Business Wire (Dec 02, 2024)
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About Intrepid Potash: questions and answers
What does Intrepid Potash do?
Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed and the oil and gas industry. They are a leader in the use of solar evaporation for potash production, resulting in lower cost and more environmentally friendly production.
How many employees does Intrepid Potash have?
Intrepid Potash has about 330 employees.
What is the latest news on Intrepid Potash?
On Jun 15, 2026, SEC 8-K (5.02): On June 15, 2026, Intrepid Potash, Inc. appointed Jason Tremblay as Chief Financial Officer, effective immediately. He replaces Cris Ingold, who served as interim principal financial officer since March 16, 2026, and will continue as Chief Accounting Officer. Mr. Tremblay's annual ba
Is Intrepid Potash a public company?
Yes. Intrepid Potash is publicly traded under the ticker IPI.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy