IPI News & Events

Reports Q1 revenue $98.7M, consensus $88.3M. Kevin Crutchfield, Intrepid's Chief Executive Officer, commented: "We started 2026 with a great quarter and I want to thank our entire team for their commitment to safety and hard work. Our first quarter net income from continuing operations of $6.9 million and adjusted EBITDA of $19.0 million validates our focus on consistent execution across our core fertilizer business."

Intrepid Potash "announced that on April 2, 2026, Intrepid Potash-New Mexico, LLC entered into an Asset Purchase Agreement with HydroSource Logistics, LLC for the sale of the majority of the assets of the Intrepid South Ranch. As total consideration, under the Agreement, Intrepid received a payment of $70 million from HydroSource, which includes an $8 million dollar deposit we received in December 2025. The sale of the Ranch includes approximately 21,793 acres of fee land; 27,858 acres associated with federal grazing leases; water rights located on the Ranch; and various other assets, interests, and related agreements. The Assets comprise the majority of the operations in our oilfield solutions segment."