Intrepid Potash Inc. Stock Analysis IPI

Intrepid Potash, Inc. is a diversified mineral company, which engages in the delivery of potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed, and the oil and gas industry. The company is headquartered in Denver, Colorado and currently employs 478 full-time employees. The company went IPO on 2008-04-22. The firm's segments include potash, Trio, and oilfield solutions. Its three primary products are potash, Trio, and water. The company also sells salt, magnesium chloride, metal recovery salts, brines, and water that are derived as part of its mining processes. The company sells potash in three primary markets: the agricultural market as a fertilizer input, the animal feed market as a nutrient supplement, and the industrial market as a component in drilling and fracturing fluids for oil and gas wells and an input to other industrial processes. Trio is a specialty fertilizer that delivers potassium, sulfur, and magnesium in a single particle. The company sells water for industrial use in the oil and gas services industry. Its other oilfield related offerings include caliche, right-of-way agreements, and others.