IPI News & Events

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."

Reports Q4 revenue $75.9M vs. $55.8M last year. Kevin Crutchfield, CEO, commented: "2025 was a very strong year for Intrepid and I want to thank all of our employees for their dedication and hard work in helping us achieve one of the best periods of operating and financial performance in recent history. Our strong results were primarily the result of our continued reinvestment in our core assets with the goal of increasing our production and further improving our unit economics, while we also had the benefit of supportive fertilizer pricing throughout the year. Our Trio(R) segment was the clear key standout in 2025, where our 303 thousand tons sold was another company record. Moreover, with its pricing essentially at parity with potash, forecasted higher Trio(R) production is expected to help offset what should be a relatively flat potash production year in 2026. We expect this year's total fertilizer production to be modestly higher compared to 2025, with a roughly equal split between potash and Trio(R), where the trend of solid demand and supportive pricing should continue. Overall, we're optimistic on the outlook, and the renewed focus on domestic critical mineral production should also help provide tailwinds for both our core operations and new projects like lithium. It's a very exciting time for Intrepid, and we look forward to continue capitalizing on our unique positioning as a producer of critical minerals in the United States."