Intrepid Announces First Quarter 2024 Results
Denver, CO, May 08, 2024 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid", the "Company", "we", "us", "our") (NYSE:IPI) today reported its results for the first quarter of 2024.
- Denver, CO, May 08, 2024 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid", the "Company", "we", "us", "our") (NYSE:IPI) today reported its results for the first quarter of 2024.
- First quarter 2024 cash flow from operations includes $45 million received from XTO Holdings under the amended Cooperative Development Agreement.
- We received the final permits in April and we expect to commission the project in the third quarter of 2024.
- In the first quarter of 2024, Intrepid generated sales of $79.3 million, a 9% decrease from first quarter 2023 sales of $86.9 million.