Recent Insider Transactions • May 21
Independent Director recently sold €185k worth of stock On the 12th of May, Lori Lancaster sold around 5k shares on-market at roughly €38.58 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months. Aankondiging • Apr 21
Intrepid Potash, Inc., Annual General Meeting, May 28, 2026 Intrepid Potash, Inc., Annual General Meeting, May 28, 2026. Aankondiging • Apr 14
Intrepid Potash, Inc. to Report Q1, 2026 Results on May 06, 2026 Intrepid Potash, Inc. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Aankondiging • Feb 20
Intrepid Potash, Inc. to Report Q4, 2025 Results on Mar 04, 2026 Intrepid Potash, Inc. announced that they will report Q4, 2025 results After-Market on Mar 04, 2026 Aankondiging • Jan 07
Intrepid, Aquatech, and Adionics Progress in Their Partnership to Develop a Lithium Project in Utah Supporting the Supply of National Critical Minerals Intrepid Potash, Inc., Aquatech International, LLC, and Adionics announced progress on their lithium development project in Wendover, Utah, with the successful completion of test work to produce a battery-grade lithium carbonate from byproduct brine at Intrepid’s Wendover, Utah potash facility. The potential to develop a lithium processing facility in Wendover, Utah has continued to progress as Adionics and Aquatech successfully produced battery-grade lithium carbonate in a demonstration test of Intrepid’s Wendover brine. The testing results achieved a lithium extraction rate of 92.9%, producing an overall lithium chloride purity above 99.5%. The lithium that was produced from Adionics’ facility was further processed by Aquatech to validate the conversion and refining to battery-grade lithium carbonate. In additional testing, Aquatech successfully converted the lithium-rich brine to a =99.5% lithium carbonate product, meeting key specifications for battery manufacturing. With the successful testing results, the parties will continue to move forward under the current Joint Development Agreement with their evaluation of a lithium facility in Wendover. Intrepid, Aquatech and Adionics are working pursuant to a JDA, which establishes a framework for the parties to complete comprehensive feasibility studies and detailed engineering of a 5,000 metric tonne lithium extraction facility with a goal of reaching final investment decision in 2026, advance project design and development of the project, and negotiate definitive agreements to enable construction and operation of the proposed lithium project. The parties anticipate the lithium processing facility will use some of Intrepid’s existing infrastructure in Wendover, Utah, Aquatech’s expertise to design, develop and operate a lithium facility, and Adionics’ DLE technology to convert Intrepid’s post-process brine to lithium carbonate. Aankondiging • Oct 17
Intrepid Potash, Inc. to Report Q3, 2025 Results on Nov 05, 2025 Intrepid Potash, Inc. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Aankondiging • Jul 17
Intrepid Potash, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Intrepid Potash, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Aankondiging • May 06
Intrepid Potash, Inc. Reports Consolidated Impairment Charges for the First Quarter Ended March 31, 2025 Intrepid Potash, Inc. reported consolidated impairment charges for the first quarter ended march 31, 2025. For the period, the company reported Impairment of long-lived assets of $662,000 as compared to $1,377,000 a year ago. Aankondiging • Apr 23
Intrepid Potash, Inc. to Report Q1, 2025 Results on May 05, 2025 Intrepid Potash, Inc. announced that they will report Q1, 2025 results After-Market on May 05, 2025 Aankondiging • Apr 18
Intrepid Potash, Inc., Annual General Meeting, May 29, 2025 Intrepid Potash, Inc., Annual General Meeting, May 29, 2025. Aankondiging • Mar 04
Intrepid Potash, Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2024 Intrepid Potash, Inc. reported impairment charges for the fourth quarter ended December 31, 2024. For the period, the company reported Impairment of long-lived assets of $7,626,000 against $42,767,000 a year ago. Aankondiging • Feb 14
Intrepid Potash, Inc. to Report Q4, 2024 Results on Mar 03, 2025 Intrepid Potash, Inc. announced that they will report Q4, 2024 results After-Market on Mar 03, 2025 Aankondiging • Jan 15
Intrepid Potash, Inc. Announces Appointment of Gonzalo Avendano to Board of Directors Intrepid Potash, Inc. announced the appointment of Gonzalo Avendano as a new independent director to Intrepid’s Board of Directors, effective January 14, 2025. Mr. Avendano has over 30 years of experience in leadership of finance and wealth management companies and brings extensive experience in capital markets and business strategy to the Board. This appointment increases the size of the Board from seven to eight directors, seven of whom, including Mr. Avendano, are independent. New Risk • Nov 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Reported Earnings • Nov 05
Third quarter 2024 earnings released: US$0.14 loss per share (vs US$0.56 loss in 3Q 2023) Third quarter 2024 results: US$0.14 loss per share (improved from US$0.56 loss in 3Q 2023). Revenue: US$46.5m (up 6.0% from 3Q 2023). Net loss: US$1.83m (loss narrowed 75% from 3Q 2023). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Aankondiging • Oct 23
Intrepid Potash, Inc. to Report Q3, 2024 Results on Nov 04, 2024 Intrepid Potash, Inc. announced that they will report Q3, 2024 results After-Market on Nov 04, 2024 Reported Earnings • Aug 06
Second quarter 2024 earnings released: US$0.065 loss per share (vs US$0.34 profit in 2Q 2023) Second quarter 2024 results: US$0.065 loss per share (down from US$0.34 profit in 2Q 2023). Revenue: US$50.0m (down 26% from 2Q 2023). Net loss: US$833.0k (down 119% from profit in 2Q 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Aankondiging • Aug 06
Intrepid Potash, Inc. Reports Consolidated Impairment Charges for the Second Quarter Ended June 30, 2024 Intrepid Potash, Inc. reported consolidated impairment charges for the second quarter ended June 30, 2024. For the period, the company reported Impairment of long-lived assets of $831,000. Buy Or Sell Opportunity • Jul 30
Now 22% undervalued Over the last 90 days, the stock has risen 28% to €23.60. The fair value is estimated to be €30.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Meanwhile, the company became loss making. Aankondiging • Jul 23
Intrepid Potash, Inc. to Report Q2, 2024 Results on Aug 05, 2024 Intrepid Potash, Inc. announced that they will report Q2, 2024 results After-Market on Aug 05, 2024 Reported Earnings • May 09
First quarter 2024 earnings released: US$0.24 loss per share (vs US$0.35 profit in 1Q 2023) First quarter 2024 results: US$0.24 loss per share (down from US$0.35 profit in 1Q 2023). Revenue: US$63.4m (down 13% from 1Q 2023). Net loss: US$3.13m (down 170% from profit in 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. New Risk • May 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Aankondiging • Apr 26
Intrepid Potash, Inc. to Report Q1, 2024 Results on May 08, 2024 Intrepid Potash, Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Aankondiging • Apr 05
Intrepid Potash, Inc., Annual General Meeting, May 16, 2024 Intrepid Potash, Inc., Annual General Meeting, May 16, 2024, at 10:00 US Mountain Standard Time. Agenda: To elect two Class I directors nominated by company's Board of Directors to serve three-year terms expiring at company's 2027 Annual Meeting of Stockholders; to ratify the appointment of KPMG LLP as company's independent registered public accounting firm for 2024; to approve, on an advisory basis, the compensation of company's named executive officers; and to transact any other business that properly comes before the Annual Meeting and any adjournment or postponement of the Annual Meeting. Reported Earnings • Mar 07
Full year 2023 earnings released: US$2.80 loss per share (vs US$5.49 profit in FY 2022) Full year 2023 results: US$2.80 loss per share (down from US$5.49 profit in FY 2022). Revenue: US$230.6m (down 22% from FY 2022). Net loss: US$35.7m (down 149% from profit in FY 2022). Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 3.5%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. New Risk • Mar 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Aankondiging • Feb 24
Intrepid Potash, Inc. to Report Q4, 2023 Results on Mar 06, 2024 Intrepid Potash, Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Mar 06, 2024 Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €18.75, the stock trades at a trailing P/E ratio of 46x. Average forward P/E is 14x in the Chemicals industry in Germany. Total loss to shareholders of 7.2% over the past three years. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €21.34, the stock trades at a trailing P/E ratio of 50x. Average forward P/E is 16x in the Chemicals industry in Germany. Total returns to shareholders of 62% over the past three years. New Risk • Nov 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Aankondiging • Nov 10
Intrepid Potash, Inc. Reports Impairment Charges for the Third Quarter Ended September 30, 2023 Intrepid Potash, Inc. reported impairment charges for the third quarter ended September 30, 2023. For the quarter, the company reported impairment of long-lived assets of $521,000. Aankondiging • Nov 01
Intrepid Potash, Inc. to Report Q3, 2023 Results on Nov 08, 2023 Intrepid Potash, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 08, 2023 Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.34 (vs US$1.79 in 2Q 2022) Second quarter 2023 results: EPS: US$0.34 (down from US$1.79 in 2Q 2022). Revenue: US$67.7m (down 16% from 2Q 2022). Net income: US$4.31m (down 82% from 2Q 2022). Profit margin: 6.4% (down from 30% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 7.2% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 26
Intrepid Potash, Inc. to Report Q2, 2023 Results on Aug 02, 2023 Intrepid Potash, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 02, 2023 Aankondiging • Jul 11
Intrepid Potash, Inc. Announces the Successful Completion of Two Drilling Projects At Its Moab Solar Solution Potash Mine Intrepid Potash, Inc. announced the successful completion of the Well 45 and Well 46 drilling projects at its solar solution potash mine in Moab, Utah. This is the second update on Intrepid's major capital projects included in its 2023 capital program. Both projects will help deliver on key goals of maximizing brine availability and underground brine residence time, which is expected to lead to improved brine grade and higher and more consistent production. Well 45 is a newly designed, single-well cavern system with three interlocking laterals that targets new ore in Potash Bed 9. This single-well cavern is designed to have a long operational life with the laterals completed over approximately 18,000-feet of horizontal drilling. The company has commenced the initial phase of cavern development and brine measurements have shown good availability of high-grade ore. After cavern development, company will switch to injecting salt-saturated brine and begin selective solution mining. Due to the nature of solution mining and the residence time required to selectively mine potash, company expect to see the benefit of Well 45 beginning in the 2024 evaporation season. The total capital cost was approximately $11.5 million, approximately 40% lower compared to previous two-well cavern systems. Well 46 is a horizontal drilling project designed to target a high-grade brine pool ("sump") in the original mine workings in Potash Bed 5, which was previously accessed by a nearly 50-year-old well that was plugged-and-abandoned. Well 46 serves three key purposes: first, contribute to 2023 potash production when harvest begins in the third quarter; second, create medium to longer-term, reliable wellbore access to drill additional laterals to target unmined ore in Potash Bed 5 or access other stranded brine pools; and third, serve as a backup for other injection/extraction wells. The capital cost was approximately $5 million. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €20.24, the stock trades at a trailing P/E ratio of 6x. Average forward P/E is 12x in the Chemicals industry in Germany. Total returns to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to €17.46, the stock trades at a trailing P/E ratio of 5.2x. Average forward P/E is 13x in the Chemicals industry in Germany. Total returns to shareholders of 109% over the past three years. Reported Earnings • May 06
First quarter 2023 earnings released: EPS: US$0.35 (vs US$2.39 in 1Q 2022) First quarter 2023 results: EPS: US$0.35 (down from US$2.39 in 1Q 2022). Revenue: US$72.6m (down 21% from 1Q 2022). Net income: US$4.51m (down 86% from 1Q 2022). Profit margin: 6.2% (down from 34% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 5.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 07
Full year 2022 earnings released: EPS: US$5.49 (vs US$19.07 in FY 2021) Full year 2022 results: EPS: US$5.49 (down from US$19.07 in FY 2021). Revenue: US$293.7m (up 32% from FY 2021). Net income: US$72.2m (down 71% from FY 2021). Profit margin: 25% (down from 112% in FY 2021). Revenue is expected to decline by 6.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to grow by 2.1%. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 11
Intrepid Potash, Inc. Announces Retirement of E. Brian Stone as President On February 8, 2023, E. Brian Stone informed Intrepid Potash, Inc. (the “Company”) of his decision to retire from his position as the Company’s President, effective immediately. The Company thanks Mr. Stone for his contributions to the Company and wishes him well in retirement. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: US$0.99 (vs US$0.31 in 3Q 2021) Third quarter 2022 results: EPS: US$0.99 (up from US$0.31 in 3Q 2021). Revenue: US$64.4m (up 31% from 3Q 2021). Net income: US$13.1m (up 226% from 3Q 2021). Profit margin: 20% (up from 8.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 11% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 25
Intrepid Potash, Inc. to Report Q3, 2022 Results on Nov 02, 2022 Intrepid Potash, Inc. announced that they will report Q3, 2022 results After-Market on Nov 02, 2022 Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 19% share price gain to €51.50, the stock trades at a trailing P/E ratio of 2.5x. Average forward P/E is 9x in the Chemicals industry in Germany. Total returns to shareholders of 106% over the past three years. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$1.79 (vs US$1.49 in 2Q 2021) Second quarter 2022 results: EPS: US$1.79 (up from US$1.49 in 2Q 2021). Revenue: US$80.3m (up 45% from 2Q 2021). Net income: US$23.7m (up 22% from 2Q 2021). Profit margin: 30% (down from 35% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 21%, compared to a 3.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 26
Intrepid Potash, Inc. to Report Q2, 2022 Results on Aug 04, 2022 Intrepid Potash, Inc. announced that they will report Q2, 2022 results After-Market on Aug 04, 2022 Recent Insider Transactions • May 28
Chief Financial Officer recently sold €310k worth of stock On the 25th of May, Matthew Preston sold around 5k shares on-market at roughly €60.63 per share. In the last 3 months, there was an even bigger sale from another insider worth €744k. This was Matthew's only on-market trade for the last 12 months. Aankondiging • May 15
Intrepid Potash, Inc. Announces Resignation of Kyle R. Smith as Secretary On May 9, 2022, Kyle R. Smith, Vice President, General Counsel and Secretary of Intrepid Potash, Inc. submitted his resignation from the Company, effective as of May 12, 2022. Christina Sheehan, the Company's Deputy General Counsel, has assumed the role of Interim General Counsel. Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €60.50, the stock trades at a trailing P/E ratio of 2.9x. Average forward P/E is 9x in the Chemicals industry in Germany. Total returns to shareholders of 100% over the past three years. Buying Opportunity • May 07
Now 23% undervalued Over the last 90 days, the stock is up 55%. The fair value is estimated to be €81.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • May 04
First quarter 2022 earnings released: EPS: US$2.39 (vs US$0.19 in 1Q 2021) First quarter 2022 results: EPS: US$2.39 (up from US$0.19 in 1Q 2021). Revenue: US$91.7m (up 62% from 1Q 2021). Net income: US$31.4m (up US$29.0m from 1Q 2021). Profit margin: 34% (up from 4.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 42%, compared to a 8.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 26
Intrepid Potash, Inc. to Report Q1, 2022 Results on May 02, 2022 Intrepid Potash, Inc. announced that they will report Q1, 2022 results After-Market on May 02, 2022 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improved over the past week After last week's 26% share price gain to €95.50, the stock trades at a trailing P/E ratio of 5.7x. Average forward P/E is 10x in the Chemicals industry in Germany. Total returns to shareholders of 183% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €77.09 per share. Recent Insider Transactions • Mar 23
Senior Vice President of New Mexico recently sold €744k worth of stock On the 18th of March, Robert Baldridge sold around 13k shares on-market at roughly €58.66 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Mar 09
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$19.07 (up from US$2.09 loss in FY 2020). Revenue: US$223.2m (up 48% from FY 2020). Net income: US$249.8m (up US$277.0m from FY 2020). Revenue exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 50%, compared to a 4.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 15% share price gain to €45.60, the stock trades at a trailing P/E ratio of 29.5x. Average forward P/E is 10x in the Chemicals industry in Germany. Total returns to shareholders of 38% over the past three years. Aankondiging • Feb 25
Intrepid Potash, Inc. to Report Q4, 2021 Results on Mar 07, 2022 Intrepid Potash, Inc. announced that they will report Q4, 2021 results After-Market on Mar 07, 2022 Aankondiging • Feb 17
Intrepid Potash, Inc. Announces Retirement of Hugh E. Harvey, Jr. as A Member of the Board of Directors Intrepid Potash, Inc. announced that on February 11, 2022, Hugh E. Harvey, Jr. announced his retirement as a member of the Board of Directors (the Board” of Intrepid Potash, Inc., effective February 25, 2022. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 15% share price gain to €38.80, the stock trades at a trailing P/E ratio of 23.6x. Average forward P/E is 11x in the Chemicals industry in Germany. Total returns to shareholders of 45% over the past three years. Reported Earnings • Nov 02
Third quarter 2021 earnings released: EPS US$0.31 (vs US$0.78 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$49.2m (up 76% from 3Q 2020). Net income: US$4.02m (up US$14.2m from 3Q 2020). Profit margin: 8.2% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improved over the past week After last week's 16% share price gain to €32.80, the stock trades at a trailing P/E ratio of 48x. Average forward P/E is 11x in the Chemicals industry in Germany. Total returns to shareholders of 11% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.09 per share. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$24.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Chemicals industry in Germany. Total loss to shareholders of 15% over the past three years. Executive Departure • Aug 04
Independent Director Terry Considine has left the company On the 28th of July, Terry Considine's tenure as Independent Director ended after 13.3 years in the role. As of March 2021, Terry still personally held 30.88k shares (€828k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.67 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Aug 03
Second quarter 2021 earnings released: EPS US$1.49 (vs US$0.68 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$55.4m (up 55% from 2Q 2020). Net income: US$19.5m (up US$28.4m from 2Q 2020). Profit margin: 35% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • May 05
First quarter 2021 earnings released: EPS US$0.19 (vs US$0.57 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$56.8m (up 15% from 1Q 2020). Net income: US$2.45m (up US$9.85m from 1Q 2020). Profit margin: 4.3% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Executive Departure • Apr 06
Chief Human Resources Officer has left the company On the 2nd of April, Erica Wyatt's tenure as Chief Human Resources Officer ended after 5.8 years in the role. As of December 2020, Erica personally held 14.23k shares (€195k worth at the time). A total of 3 executives have left over the last 12 months. Reported Earnings • Mar 02
Full year 2020 earnings released: US$2.09 loss per share (vs US$1.06 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$150.4m (down 12% from FY 2019). Net loss: US$27.2m (down 299% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 02
Revenue misses expectations Revenue missed analyst estimates by 5.3%. Over the next year, revenue is forecast to grow 23%, compared to a 5.5% growth forecast for the Chemicals industry in Germany. Aankondiging • Feb 25
Intrepid Potash, Inc. to Report Q4, 2020 Results on Mar 01, 2021 Intrepid Potash, Inc. announced that they will report Q4, 2020 results After-Market on Mar 01, 2021 Is New 90 Day High Low • Feb 25
New 90-day high: €27.80 The company is up 148% from its price of €11.20 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.14 per share. Is New 90 Day High Low • Feb 04
New 90-day high: €23.40 The company is up 208% from its price of €7.60 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.26 per share. Is New 90 Day High Low • Dec 29
New 90-day high: €13.60 The company is up 91% from its price of €7.12 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.74 per share. Is New 90 Day High Low • Dec 10
New 90-day high: €12.90 The company is up 68% from its price of €7.68 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.67 per share. Aankondiging • Nov 21
Intrepid Potash, Inc. Announces Management Changes Intrepid Potash, Inc. announced appointment of Zachry Adams to lead its Sales and Marketing team. Mr. Adams will report to Matt Preston, the Company’s Vice President of Finance. Mark A. McDonald, the Company’s Vice President of Sales and Marketing, notified the Company of his decision to pursue another opportunity out of state, effective November 30, 2020. Is New 90 Day High Low • Nov 20
New 90-day high: €10.00 The company is up 3.0% from its price of €9.73 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.73 per share. Analyst Estimate Surprise Post Earnings • Nov 04
Revenue misses expectations Revenue missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 9.1%, compared to a 2.3% growth forecast for the Chemicals industry in Germany. Reported Earnings • Nov 04
Third quarter 2020 earnings released: US$0.78 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$28.0m (down 31% from 3Q 2019). Net loss: US$10.2m (loss widened US$9.96m from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Aankondiging • Oct 28
Intrepid Potash, Inc. to Report Q3, 2020 Results on Nov 02, 2020 Intrepid Potash, Inc. announced that they will report Q3, 2020 results on Nov 02, 2020 Aankondiging • Aug 14
Intrepid Potash Announces Reverse Stock Split to Regains NYSE Compliance Intrepid Potash, Inc. announced that it will effect a 1-for-10 reverse stock split of its common stock effective 5:00 pm Eastern on Thursday, August 13, 2020. Intrepid’s common stock will begin trading on a split-adjusted basis when markets open on Friday, August 14, 2020. Intrepid’s Board of Directors approved the split and determined the 1-for-10 ratio to be appropriate to meet Intrepid’s goals of improving the marketability and liquidity of its common stock, regaining compliance with NYSE listing requirements, and minimizing the risk of future noncompliance, allowing Intrepid’s management team to focus on the company’s underlying business. Aankondiging • Aug 04
Intrepid Potash Receives Formal Notice of Non-Compliance with the New York Stock Exchange on July 24, 2020 Intrepid Potash, Inc. did reveal that on July 24, 2020 it received formal notice of non-compliance with the New York Stock Exchange (NYSE) share price continued listing standards, which require a listed common stock to maintain a minimum average closing price of $1.00/share for 30 consecutive days. As required, Intrepid will notify the NYSE within 10 business days of its intent to cure the share price deficiency. It can regain compliance during the cure period if its common stock has a closing price of at least $1.00/share on the last trading day of any month during the period. It also has to have an average closing price of at least $1.00/share of common stock over the 30-trading-day period ending on the last trading day of that month. If both are not achieved on any given month during the cure period, the NYSE will commence suspension and delisting procedures.