Intrepid Potash, Inc. Provides Sales Guidance for the Second Quarter of 2024
July 10, 2024
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Intrepid Potash, Inc. provided sales guidance for the second quarter of 2024. The company expects its second quarter 2024 potash and Trio sales volumes to meet or exceed the upper end of its outlook, as previously announced during its first quarter 2024 earnings call on May 9, 2024. The company now expects second quarter 2024 potash sales volumes of approximately 55,000 tons at an average net realized sales price of $405 per ton and second quarter 2024 Trio® sales volumes of approximately 63,000 tons at an average net realized sales price of $314 per ton.
Intrepid Potash, Inc. is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products for customers in agriculture, animal feed and the oil and gas industry. Its segments include potash, Trio, and oilfield solutions. Its three primary products are potash, Trio, and water. It also sells salt, magnesium chloride, metal recovery salts, brines, and water that are derived as part of its mining processes. It sells potash into three primary markets: the agricultural market as a fertilizer input, the industrial market as a component in drilling and fracturing fluids for oil and gas wells and an input to other industrial processes, and the animal feed market as a nutrient supplement. Trio is its specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle. It sells water primarily for industrial uses in the oil and gas services industry. Its other oilfield related offerings include caliche, right-of-way agreements, and others.
INTREPID POTASH, INC. 
