Intrepid PotashIPI
About: Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield Solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, saltwater disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.
Employees: 485
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
51% more call options, than puts
Call options by funds: $2.84M | Put options by funds: $1.88M
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
8% less funds holding
Funds holding: 98 [Q2] → 90 (-8) [Q3]
8.83% less ownership
Funds ownership: 59.4% [Q2] → 50.57% (-8.83%) [Q3]
13% less capital invested
Capital invested by funds: $185M [Q2] → $161M (-$23.5M) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
UBS Joshua Spector 53% 1-year accuracy 17 / 32 met price target | 30%downside $19 | Sell Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 5 articles about IPI published over the past 30 days