Intrepid Potash posts fourth-quarter loss on lower prices, impairment charges [Yahoo! Finance]
Intrepid Potash, Inc (IPI)
Last intrepid potash, inc earnings: 3/2 04:34 pm
Check Earnings Report
US:NYSE Investor Relations:
intrepidpotashinc.gcs-web.com/investor-overview
Company Research
Source: Yahoo! Finance
Fertilizer companies have grappled with slow demand as farmers held back on purchases after prices rallied in 2022 when sanctions on top exporters, Russia and Belarus, led to tight supplies. Intrepid Potash said it took a $42.8 million impairment charge in the fourth quarter, primarily related to its East and West mines in New Mexico. Sales at the company's potash segment fell nearly 35%, with prices declining about 38%, compared with the year-ago quarter. The company reported a net loss of $37.3 million, or $2.91 per share, for the quarter ended Dec. 31, compared with a profit of $4 million, or 30 cents per share, a year earlier. The Denver, Colorado-based company expects its 2024 capital expenditure to be in the range of $40 million to $50 million. Its capex for 2023 was $65.1 million. (Reporting by Sourasis Bose in Bengaluru; Editing by Shweta Agarwal)
Show less
Read more
Impact Snapshot
Event Time:
IPI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IPI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IPI alerts
High impacting Intrepid Potash, Inc news events
Weekly update
A roundup of the hottest topics
IPI
News
- Intrepid Announces Date for First Quarter 2024 Earnings ReleaseGlobeNewswire
- Intrepid Announces Medical Leave of Absence for Bob Jornayvaz; Intrepid Co-founder Hugh Harvey rejoins Board of DirectorsGlobeNewswire
- Intrepid Announces Accident Involving CEOGlobeNewswire
- The past five years for Intrepid Potash (NYSE:IPI) investors has not been profitable [Yahoo! Finance]Yahoo! Finance
- Intrepid Potash Full Year 2023 Earnings: US$2.80 loss per share (vs US$5.49 profit in FY 2022) [Yahoo! Finance]Yahoo! Finance
IPI
Earnings
- 3/6/24 - Miss
IPI
Sec Filings
- 4/26/24 - Form 3
- 4/24/24 - Form DEFA14A
- 4/17/24 - Form 8-K
- IPI's page on the SEC website