Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €10.72 EUR
Change Today +0.173 / 1.64%
Volume 0.0
58I On Other Exchanges
Symbol
Exchange
New York
As of 2:19 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

intrepid potash inc (58I) Snapshot

Open
€10.61
Previous Close
€10.55
Day High
€10.74
Day Low
€10.54
52 Week High
09/22/14 - €12.83
52 Week Low
06/22/15 - €9.40
Market Cap
816.5M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
76.1M
EX-Date
12/13/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for INTREPID POTASH INC (58I)

intrepid potash inc (58I) Related Businessweek News

No Related Businessweek News Found

intrepid potash inc (58I) Details

Intrepid Potash, Inc. engages in the extraction, production, and sale of potassium containing products in the United States. It produces muriate of potash and langbeinite, a low-chloride potassium fertilizer with the additional benefits of sulfate and magnesium. The company also offers salt, magnesium chloride, and metal recovery salts. It serves agricultural, industrial, and animal feed markets. The company is based in Denver, Colorado.

928 Employees
Last Reported Date: 02/19/15

intrepid potash inc (58I) Top Compensated Officers

Co-founder, Executive Chairman, Chief Executi...
Total Annual Compensation: $54.8K
Co-Founder and Executive Vice Chairman of the...
Total Annual Compensation: $54.8K
Principal Financial Officer, Chief Accounting...
Total Annual Compensation: $201.7K
Senior Vice President of Strategic Initiative...
Total Annual Compensation: $316.5K
Senior Vice President of Sales and Marketing
Total Annual Compensation: $291.8K
Compensation as of Fiscal Year 2014.

intrepid potash inc (58I) Key Developments

Intrepid Potash, Inc. Appoints Brian D. Frantz as Senior Vice President and Chief Accounting Officer; Announces Amendment and Restatement of Bylaws

Intrepid Potash, Inc. has appointed Brian D. Frantz as Senior Vice President and Chief Accounting Officer, effective as of June 23, 2015. In his new position, Mr. Frantz will continue to serve as its principal financial officer and principal accounting officer. Mr. Frantz previously served as its Interim Chief Financial Officer from August 2014 to June 2015, its Vice President-Finance from February 2012 to August 2014, and its Controller and Chief Accounting Officer from July 2010 to August 2014. On June 23, 2015, company's Board of Directors amended and restated its bylaws to revised language regarding officer designations and responsibilities and clarified that Chief Financial Officer is not a required officer position under bylaws and removed redundant language and made other non-substantive language changes.

Intrepid Potash, Inc. Announces Unaudited Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2015; Provides Production and Earnings Guidance for the First Half, Second Half, and Full Year of 2015

Intrepid Potash Inc. announced unaudited consolidated earnings and production results for the first quarter ended March 31, 2015. For the quarter, the company reported sales of $117.021 million against $98.875 million a year ago. Operating income was $10.762 million against operating loss of $2.040 million a year ago. Income before income taxes was $9.600 million against loss before income taxes of $3.133 million a year ago. Net income was $6.529 million against net loss of $0.355 million a year ago. Net cash provided by operating activities was $32.674 million against $17.324 million a year ago. Additions to property, plant, equipment, and mineral properties were $8.678 million against $31.919 million a year ago. Adjusted net income was $6.529 million adjusted net loss of $1.027 million a year ago. Adjusted EBITDA was $32.520 million $16.776 million a year ago. Net cash provided by operating activities was $32.674 million against $17.324 million a year ago. Additions to property, plant, equipment and mineral properties were $8.678 million against $31.919 million a year ago. Adjusted EPS was $0.09 a share. For the quarter, the company reported potash production volume of 237,000 tons against 220,000 tons a year ago. Langbeinite production volume was 36,000 tons against 32,000 tons a year ago. Potash sales volume was 231,000 tons against 242,000 tons a year ago. Trio sales volume was 62,000 tons against 36,000 tons a year ago. The company provided production and earnings guidance for the first half, second half, and full year of 2015. The company slightly modified its potash sales outlook for the first half and full year to reflect potentially less customer restocking in the second quarter. While potash prices for the remainder of this year may be further pressured from global producers, Intrepid expects to maintain its historical average net realized sales price advantage over the other North American competitors. The company tightened its first half sales outlook for Trio to incorporate strong first quarter results. Production outlook is unchanged. Potash production expected to be in the range of 390,000 tons 410,000, Potash sales expected to be in the range of 400,000 tons - 415,000 tons. Trio production expected to be in the range of 75,000 tons - 90,000 tons, Trio sales expected to be in the range of 95,000 tons - 105,000 tons. Interest expense expected to be in the range of $3.0 million - $3.5 million, depreciation, depletion, and accretion expected to be in the range of $37.5 million - $42.5 million. For the second half, the company’s potash production expected to be in the range of 460,000 tons 490,000, Potash sales expected to be in the range of 425,000 tons - 445,000 tons. Trio production expected to be in the range of 80,000 tons - 95,000 tons, Trio sales expected to be in the range of 85,000 tons - 100,000 tons. Interest expense expected to be in the range of $3.0 million - $3.5 million, depreciation, depletion, and accretion expected to be in the range of $37.5 million - $42.5 million. The company affirmed its full-year potash production volume and per ton cost outlooks. The normal annual production seasonality of the low cost solar tons and the timing of annual maintenance outages at the West Mine will impact second quarter potash production volume, and therefore, per ton cost of goods sold and cash operating costs. Potash production expected to be in the range of 850,000 tons 900,000, Potash sales expected to be in the range of 825,000 tons - 860,000 tons. Trio production expected to be in the range of 155,000 tons - 185,000 tons, Trio sales expected to be in the range of 180,000 tons - 205,000 tons. Interest expense expected to be in the range of $6.0 million - $7.0 million, depreciation, depletion, and accretion expected to be in the range of $75 million - $85 million. The company continue to anticipate capital investment range between $40 million and $50 million for 2015 and expect the year to be cash flow positive. The company expects an effective tax rate for 2015 of around 30%. Although the effective tax rate has increased as a result of strong first quarter 2015.

Intrepid Potash, Inc. Presents at BMO Capital Markets 10th Annual Farm to Market Conference 2015, May-20-2015 09:00 AM

Intrepid Potash, Inc. Presents at BMO Capital Markets 10th Annual Farm to Market Conference 2015, May-20-2015 09:00 AM. Venue: Grand Hyatt New York, New York, New York, United States. Speakers: Brian D. Frantz, Interim Chief Financial Officer and Principal Accounting Officer.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
58I:GR €10.72 EUR +0.173

58I Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Arab Potash/The 21.45 JOD -0.05
CF Industries Holdings Inc $65.10 USD +0.82
K+S AG €37.96 EUR +0.259
Uralkali PJSC 142.80 RUB -3.65
View Industry Companies
 

Industry Analysis

58I

Industry Average

Valuation 58I Industry Range
Price/Earnings 54.3x
Price/Sales 2.4x
Price/Book 0.9x
Price/Cash Flow 54.6x
TEV/Sales 1.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact INTREPID POTASH INC, please visit www.intrepidpotash.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.