Intrepid’s (IPI) Trio Turnaround Funds A Bigger Buyback And Cleaner Balance Sheet
Intrepid Potash (IPI) reported Q2 results with Trio segment driving growth, reducing COGS to $205/ton, and raising full-year production guidance. Potash segment saw a 14% sales volume decline. The company has a strong balance sheet, expanded share buyback, and a one-time gain from asset sale. Hedge fund ownership declined, but short interest remains low.



