Intrepid Potash, Inc. Provides Sales Guidance for the Second Quarter and Full Full Year of 2020
May 04, 2021 at 10:00 am EDT
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Intrepid Potash, Inc. Provided sales guidance for the second quarter and full Full Year of 2020, for the second quarter, The company expects second quarter average net realized sales price of between $235 and $245 per ton.
For the fourth quarter, the company expects total water sales were similar to the fourth quarter of 2020 with $5.5 million of sales, including byproduct water.
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. 
