-1.33%
22.03%
6.62%
2.53%
45.38%
-31.02%
12.39%
AI Spotlight on IPI
Company Description
Intrepid Potash, Inc., together with its subsidiaries, engages in the extraction and production of the potash in the United States and internationally.It operates through three segments: Potash, Trio, and Oilfield Solutions.The Potash segment offers muriate of potash or potassium chloride for use as a fertilizer input in the agricultural market; as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes in the industrial market; and as a nutrient supplement in the animal feed market.
The Trio segment provides Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle.The Oilfield Solutions segment sells water for use in the oil and gas services industry; and offers potassium chloride real-time mixing services on location for hydraulic fracturing operations and trucking services.The company also offers salt for use in animal feeds, industrial applications, pool salts, and treatment of roads and walkways for ice melting or to manage road conditions; magnesium chloride for use in the deicing and dedusting of roads; brines for well development and completion activities in the oil and gas industry; and metal recovery salt, a combination of potash and salt to enhance the recovery of aluminum in the aluminum recycling processing facilities.
Intrepid Potash, Inc.was founded in 2000 and is based in Denver, Colorado.
Market Data
| Last Price | 26.75 |
| Change Percentage | -1.33% |
| Open | 27 |
| Previous Close | 27.11 |
| Market Cap ( Millions) | 352 |
| Volume | 11894 |
| Year High | 29.75 |
| Year Low | 17.52 |
| M A 50 | 25.3 |
| M A 200 | 24.26 |
Financial Ratios
| FCF Yield | 8.63% |
| Dividend Yield | 0.00% |
| ROE | -6.31% |
| Debt / Equity | 0.43% |
| Net Debt / EBIDTA | 250.39% |
| Price To Book | 0.51 |
| Price Earnings Ratio | -8.01 |
| Price To FCF | 11.59 |
| Price To sales | 1.38 |
| EV / EBITDA | -22.62 |
News
- Jan -15 - Intrepid Announces Appointment of Gonzalo Avendano to Board of Directors
- Jan -14 - American Critical Minerals Provides Corporate Update
- Jan -06 - Blue Owl Capital Completes Acquisition of IPI Partners' Business
- Dec -02 - Intrepid Potash Announces Appointment of Kevin S. Crutchfield as Chief Executive Officer
- Nov -12 - American Potash Announces Rebrand to American Critical Minerals as Green River Project Positioned for Both Potash and Lithium Development and Announces Private Placement to Raise Up to $1 Million
- Nov -05 - Intrepid Potash, Inc. (IPI) Q3 2024 Earnings Call Transcript
- Nov -05 - Intrepid Potash (IPI) Reports Q3 Loss, Tops Revenue Estimates
- Nov -04 - Intrepid Announces Third Quarter 2024 Results
- Oct -28 - Intrepid Potash (IPI) Reports Next Week: Wall Street Expects Earnings Growth
- Oct -22 - Intrepid Announces Date for Third Quarter 2024 Earnings Release
- Oct -17 - American Potash Rounds Out Board of Directors with Appointments of Eric Miller and Steve Vanry
- Oct -10 - Blue Owl Capital Enters Into an Agreement to Acquire IPI Partners
- Oct -07 - Blue Owl co-CEO Marc Lipschultz on IPI Partners acquisition
- Oct -07 - Blue Owl Capital to Acquire IPI Partners and to Partner with ICONIQ for Future Growth
- Oct -06 - Intrepid Potash: A Low-Risk, High-Uncertainty Value Opportunity
- Oct -04 - Intrepid Potash Provides Leadership Update
- Oct -04 - Blue Owl Capital Considers Acquiring IPI Partners for Roughly $1B
- Oct -02 - American Potash Receives Approval of Plan of Operations for Exploration Across Approx. 25,480 Acres Within the Red Wash Potash Leasing Area in the Paradox Basin, Utah
- Aug -15 - Intrepid Publishes New Investor Presentation
- Aug -06 - Intrepid Potash, Inc. (IPI) Q2 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Potash
Expected Growth : 2 %
What the company do ?
Potash, from Intrepid Potash, Inc., is a naturally occurring mineral, primarily potassium chloride, used as fertilizer in agriculture and manufacturing.
Why we expect these perspectives ?
Intrepid Potash, Inc.'s potash segment growth is driven by increasing global demand for fertilizers, particularly in the agricultural sector. Rising crop prices and government initiatives to enhance food security also contribute to growth. Additionally, the company's low-cost production and strategic location enable it to capitalize on growing demand from Latin American markets.
Segment n°2 -> Trio
Expected Growth : 3 %
What the company do ?
The Trio from Intrepid Potash, Inc. refers to a unique blend of three essential nutrients: potassium chloride (KCI), sulfate of potash (SOP), and magnesium chloride, providing a balanced fertilizer solution for crops.
Why we expect these perspectives ?
Intrepid Potash's Trio segment growth is driven by increasing demand for potassium magnesium chloride, a key ingredient in organic and specialty fertilizers. Rising adoption of sustainable farming practices, growing demand for organic food, and Trio's unique properties as a natural, OMRI-listed product contribute to its growth.
Segment n°3 -> Oilfield Solutions
Expected Growth : 4 %
What the company do ?
Oilfield Solutions from Intrepid Potash, Inc. provides essential minerals and services to enhance oil recovery, improve drilling efficiency, and reduce operating costs in the oil and gas industry.
Why we expect these perspectives ?
Intrepid Potash's Oilfield Solutions segment growth is driven by increasing demand for drilling and completion fluids, expansion into new basins, and growing adoption of horizontal drilling. Additionally, the company's strategic partnerships, investments in research and development, and focus on operational efficiency are contributing to its 4% growth rate.
Segment n°4 -> Other
Expected Growth : 1 %
What the company do ?
The 'Other' segment from Intrepid Potash, Inc. includes unallocated corporate costs, eliminations, and other miscellaneous items not attributed to specific business segments.
Why we expect these perspectives ?
Intrepid Potash's 'Other' segment growth is driven by increasing sales of salt and magnesium chloride, used in road de-icing and dust control. Strong demand from municipalities and private contractors, coupled with the company's strategic pricing and cost management, contribute to this growth.
Intrepid Potash, Inc. Products
| Product Range | What is it ? |
|---|---|
| Potash | A naturally occurring mineral that is used as a key ingredient in fertilizers, providing essential nutrients to plants |
| Trio | A unique blend of sulfate of potash, magnesium, and sulfate, used as a fertilizer and soil amendment |
| Sulfate of Potash (SOP) | A water-soluble fertilizer that provides potassium and sulfur to plants |
| Magnesium Chloride | A naturally occurring mineral used as a dust suppressant, ice melter, and fertilizer |
Intrepid Potash, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Intrepid Potash, Inc. is medium due to the availability of alternative products such as potassium chloride and sulfate of potash. However, the company's focus on producing high-quality potash products reduces the threat of substitutes.
Bargaining Power Of Customers
The bargaining power of customers for Intrepid Potash, Inc. is low due to the company's strong relationships with its customers and the lack of concentration in the buyer market.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Intrepid Potash, Inc. is medium due to the presence of a few large suppliers of raw materials. However, the company's vertical integration and long-term contracts with suppliers reduce the bargaining power of suppliers.
Threat Of New Entrants
The threat of new entrants for Intrepid Potash, Inc. is low due to the high barriers to entry in the potash industry, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry for Intrepid Potash, Inc. is high due to the presence of several large players in the potash industry, leading to intense competition and pricing pressure.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 0.92% |
| Debt Cost | 11.60% |
| Equity Weight | 99.08% |
| Equity Cost | 14.85% |
| WACC | 14.82% |
| Leverage | 0.93% |
Intrepid Potash, Inc. : Quality Control
Intrepid Potash, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| UAN | CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial … |
| USAP | Universal Stainless & Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. Its products include stainless steel, … |
| ECVT | Ecovyst Inc. provides specialty catalysts and services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates through two segments, Ecoservices and Catalyst Technologies. The Ecoservices … |
| MATV | Mativ Holdings, Inc. operates as a performance materials company. The company operates through two segments, Advanced Materials & Structures (AMS), and Engineered Papers (EP). The AMS segment manufactures resin-based rolled … |
| AVD | American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally. It manufactures and formulates chemicals, including … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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CVR Partners
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Mativ
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Intrepid Potash
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4
Universal Stainless & Alloy Products
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5
Ecovys
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1-Year Total Return ->
6
