NYSE$IPI
Intrepid Potash Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Intrepid Potash's Q2 2021 results benefited from strong commodity prices and rising potash and Trio® pricing and demand, leading to significant improvements in net income, gross margin and EBITDA compared to the prior year.
Intrepid Potash reported a net income of $19.5 million, or $1.46 per share, and adjusted net income of $7.4 million, or $0.55 per share for Q2 2021. The company's gross margin increased to $14.2 million compared to a gross deficit in the prior year. Cash flow from operations was $32.3 million for the quarter.
- As of June 30, 2021, Intrepid had $53 million in cash on hand and only $30 million of remaining debt which is outstanding on its revolving credit facility.
- Net income of $19.5 million, or $1.46 per share and adjusted net income of $7.4 million, or $0.55 per share
- Gross margin of $14.2 million, an increase of $14.8 million compared to the second quarter of 2020
- Cash flow from operations of $32.3 million in Q2 2021, increasing first half 2021 cash flow from operations to $51.4 million
Headline financials
Revenue & EPS history
Intrepid Potash · Revenue · Quarterly
$67.9M
Revenue by segment
Intrepid Potash · $67.9M total across 3 segments · Q2 2021
- Potash$37.7M+53.7%55.5%
- Trio$26.9M+39.9%39.6%
- Oilfield Solutions$3.33M+21.3%4.9%
Forward guidance
We expect steady growth in our oilfield solutions segment over the next six months and into 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-1.8%
Avg return
Earnings day
-0.7%
Avg return
5 days after
+0.1%
Avg return
30 days after
51%
34 / 67 earnings
Positive
+19.3%
Q3 2018
Best reaction
-69.9%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.4% | +23.7% | -7.4% | |
| Q4 2025 | +10.6% | +13.3% | +21.5% | |
| Q3 2025 | -2.3% | -4.1% | -2.4% | |
| Q2 2025 | -5.3% | -6.8% | -8.4% | |
| Q1 2025 | +17.3% | +17.0% | +16.4% | |
| Q4 2024 | -2.0% | +8.0% | +17.4% | |
| Q3 2024 | +13.5% | +9.1% | +6.7% | |
| Q1 2024 | +15.3% | +19.7% | +17.9% | |
| Q4 2023 | +7.1% | -4.2% | +1.6% | |
| Q3 2023 | -7.3% | -8.5% | -2.7% | |
| Q2 2023 | -7.8% | -1.5% | +2.1% | |
| Q1 2023 | -16.6% | -21.2% | -24.9% | |
| Q4 2022 | -7.9% | -13.5% | -19.8% | |
| Q3 2022 | -24.4% | -20.5% | -19.8% | |
| Q2 2022 | -2.4% | -3.0% | +3.9% | |
| Q1 2022 | +8.4% | -11.4% | -19.8% | |
| Q4 2021 | +4.6% | +19.3% | +25.4% | |
| Q3 2021 | -13.2% | -8.0% | -18.7% | |
| Q2 2021 | +12.3% | +13.2% | +1.7% | |
| Q1 2021 | +10.8% | -16.3% | -8.4% | |
| Q4 2020 | +5.3% | +3.3% | +9.7% | |
| Q3 2020 | -8.0% | -12.2% | +37.2% | |
| Q2 2020 | -5.3% | +2.2% | +6.9% | |
| Q1 2020 | -6.4% | -7.3% | +18.2% | |
| Q4 2019 | +1.1% | -13.6% | -57.6% | |
| Q3 2019 | -14.0% | -21.2% | -33.0% | |
| Q2 2019 | -7.3% | -8.5% | -11.0% | |
| Q1 2019 | +0.3% | -1.4% | -7.5% | |
| Q4 2018 | +2.9% | +3.7% | +1.6% | |
| Q3 2018 | +19.3% | +20.8% | +2.7% | |
| Q2 2018 | -13.6% | -19.6% | -18.9% | |
| Q1 2018 | +13.5% | +11.1% | +14.7% | |
| Q4 2017 | -12.9% | -6.3% | -4.2% | |
| Q3 2017 | +5.5% | +5.0% | -2.9% | |
| Q2 2017 | +15.2% | +6.3% | +22.8% | |
| Q1 2017 | +3.4% | +18.5% | +27.5% | |
| Q4 2016 | -6.0% | -12.4% | -21.2% | |
| Q3 2016 | +6.2% | -6.2% | +23.0% | |
| Q2 2016 | +11.4% | +6.5% | +13.0% | |
| Q1 2016 | +8.8% | — | — | |
| Q4 2015 | -69.9% | — | — | |
| Q3 2015 | -28.1% | — | — | |
| Q2 2015 | -4.0% | — | — | |
| Q1 2015 | +5.9% | — | — | |
| Q4 2014 | +4.1% | — | — | |
| Q3 2014 | -9.9% | — | — | |
| Q2 2014 | +0.3% | — | — | |
| Q1 2014 | +4.2% | — | — | |
| Q4 2013 | -11.4% | — | — | |
| Q3 2013 | +1.6% | — | — | |
| Q2 2013 | -5.9% | — | — | |
| Q1 2013 | -7.0% | — | — | |
| Q4 2012 | -5.7% | — | — | |
| Q3 2012 | +2.8% | — | — | |
| Q2 2012 | -5.7% | — | — | |
| Q1 2012 | -11.6% | — | — | |
| Q4 2011 | +2.9% | — | — | |
| Q3 2011 | -5.0% | — | — | |
| Q1 2010 | -9.5% | — | — | |
| Q2 2011 | -9.5% | — | — | |
| Q1 2011 | +2.6% | — | — | |
| Q4 2008 | +7.6% | — | — | |
| Q3 2009 | -2.5% | — | — | |
| Q3 2010 | -2.5% | — | — | |
| Q2 2010 | +0.4% | — | — | |
| Q2 2009 | +0.4% | — | — | |
| Q4 2009 | +0.4% | — | — |
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