Intrepid Announces Third Quarter 2023 Results
Denver, CO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid", the "Company", "we", "us", "our") (NYSE:IPI) today reported its results for the third quarter of 2023.
- Denver, CO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid", the "Company", "we", "us", "our") (NYSE:IPI) today reported its results for the third quarter of 2023.
- Incurred capital expenditures of $16.6 million in the third quarter of 2023.
- We expect to see an improvement in operating efficiencies and production during the fourth quarter of 2023 with both of the new miners in service for the full quarter.
- In the third quarter of 2023, Intrepid generated sales of $54.5 million, a 27% decrease from third quarter 2022 sales of $74.8 million.