Shares of Intrepid Potash Inc (IPI) are trading 11% higher at a price of $49.275 at the time of this writing. While it's generally been a mildly green day for this part of the market, the company is zooming past it's peers in the Materials sector.


Intrepid Potash Inc has been trading between a 52-week high of $121.72 and a 52-week low of $27.96. The stock has a market cap of $671 Million.

Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed, and the oil and gas industry. Intrepid is the only U.S. producer of muriate of potash, which is applied as an essential nutrient for healthy crop development, utilized in several industrial applications, and used as an ingredient in animal feed. In addition, Intrepid produces a specialty fertilizer, Trio®, which delivers three key nutrients, potassium, magnesium, and sulfate, in a single particle.

Intrepid Potash, Inc – Consensus Indicates Potential 5.9% Upside
DirectorsTalk 08-11-22

Intrepid Potash (IPI) Q2 2022 Earnings Call Transcript
The Motley Fool 08-05-22

Intrepid Potash, Inc. (IPI) CEO Bob Jornayvaz on Q2 2022 Results - Earnings Call Transcript
Seeking Alpha 08-05-22

Intrepid Potash: Q2 Earnings Insights
Benzinga 08-04-22

Intrepid Potash Non-GAAP EPS of $1.82, revenue of $91.7M
Seeking Alpha 08-04-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Ghost-1969 - 1 upvotes - source
Potash boys for fall season $ipi seems to be one of the few usa based potash producers

drew-gen-x - 1 upvotes - source
$IPI. This is $MOS little brother. Look at grain futures. Crude Oil isn't the only thing breaking out this morning.