Intrepid Potash, Inc. (IPI) company profile
Close on Nov 12, 2026Market cap $448.65MP/E 18.2Yield –
About Intrepid Potash
Mining & Quarrying of Nonmetallic Minerals (No Fuels), SIC 1400
Intrepid Potash, Inc. produces and sells mineral products, primarily potassium, magnesium, sulfur, salt, and water. Its primary offerings include muriate of potash, used in crop nutrition, animal feed, and industrial applications, and Trio, a specialty fertilizer supplying potassium, magnesium, and sulfur. The company also supplies water, magnesium chloride, brines, and oilfield products and services. Intrepid serves customers across the agricultural, animal feed, and energy sectors, delivering products through distributors, retailers, cooperatives, and direct sales.
All extraction and production operations take place within the continental United States. Intrepid operates three solar solution potash mining facilities located in Carlsbad, New Mexico, and Moab and Wendover, Utah, as well as a compaction facility and an underground mine producing Trio in Carlsbad. It also maintains water rights and surface assets in southeast New Mexico to support Permian Basin energy operations. The company is headquartered in Denver, Colorado.
Summary of the business section of Intrepid Potash's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Intrepid Potash, Inc.
- Founded
- 2007
- Headquarters
- Denver, CO
- Address
- 707 17th Street, Suite 4200 80202
- Phone
- (303) 296-3006
- Website
- www.intrepidpotash.com
- Employees
- 478, Dec 31, 2025
- Industry
- Mining & Quarrying of Nonmetallic Minerals (No Fuels)
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Denver, Colorado
Stock & identifiers
- Ticker
- IPI
- Exchange
- NYSE
- IPO date
- Apr 23, 2008
- Shares outstanding
- 13M, Jul 31, 2026
- Public float
- $460.00M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 1-for-10 reverse, Aug 14, 2020
- SEC CIK
- 1421461
- CUSIP
- 46121Y201
- ISIN
- US46121Y2019
- FIGI
- BBG000V1Y6Q3
- Share class FIGI
- BBG001T0ZCR1
- LEI
- 549300OZ696E2PRRTO45
- EIN
- 26-1501877
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Kevin S. Crutchfield | Chief Executive Officer, Director | 109,657 |
| Christina Sheehan | General Counsel | 28,696 |
| Cris Ingold | Chief Accounting Officer | 13,103 |
| Jason Tremblay | Chief Financial Officer | 12,405 |
| Richard Charles Kim | Vice President of Operations | 4,611 |
| Matthew D. Preston | CFO | 60,133 |
| Barth E. Whitham | Director | 51,470 |
| Chris A. Elliott | Director | 48,776 |
| William M. Zisch | Director | 14,486 |
| Lori A. Lancaster | Director | 12,631 |
| Gonzalo M. Avendano | Director | 1,220,366 |
| Mary E. McBride | Director | 25,966 |
| Hugh E. Harvey Jr | Director | 1,183,863 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Kevin SCrutchfield | $3.89M | $4.46M | $1.17M | $115 | $146 |
| FY2025 Matthew DPreston | $0 | $0 | $1.17M | $115 | $146 |
| FY2025 Robert PJornayvaz III | $0 | $0 | $1.17M | $115 | $146 |
| FY2024 Kevin SCrutchfield | $3.68M | $2.97M | $1.00M | $91 | $124 |
| FY2024 Matthew DPreston | $1.83M | $1.82M | $1.00M | $91 | $124 |
| FY2024 Robert PJornayvaz III | $2.08M | -$651.25K | $1.00M | $91 | $124 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Kevin S. Crutchfield Chief Executive Officer | $600.00K | $2.15M | $822.00K | $314.32K | $3.89M | +6% |
| Matthew D. Preston Former Chief Financial Officer | $429.41K | $531.51K | $352.33K | $23.32K | $1.34M | -27% |
| Christina C. Sheehan General Counsel and Corporate Secretary | $384.18K | $372.05K | $220.27K | $21.23K | $997.74K | -6% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Apr 23, 2008
- Securities offered
- 30,000,000
- Exchange
- NYSE
- First trading day
- Apr 22, 2008
- First-day close
- $50.40
- Lock-up ends (est.)
- Oct 19, 2008
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had a total of 478 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 2, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 30, 2020 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Apr 23, 2020 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| May 2, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 23, 2008 | IPO | Initial public offering priced (424B4 prospectus) |
| Apr 16, 2008 | Listing | Registration of securities on an exchange (Form 8-A) |
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