Intrepid Potash (IPI) Reports Sale of Intrepid South Ranch

Intrepid Potash, Inc. (NYSE:IPI) is one of the 11 Biggest Agriculture Stocks to Buy in 2026.

On April 2, 2026, Intrepid Potash, Inc. (NYSE:IPI) reported that it had sold the majority of its Intrepid South Ranch assets to HydroSource Logistics for $70 million, which included an $8 million deposit received in December 2025. The deal includes 21,793 acres of fee land, 27,858 acres under federal grazing leases, water rights, and other properties associated with its oilfield solutions business. According to CEO Kevin Crutchfield, the sale is part of a strategy to sell non-core assets and redeploy funds into core fertilizer activities.

Intrepid Potash, Inc. (NYSE:IPI) announced fourth-quarter and full-year 2025 results, with Q4 sales of $75.9 million and adjusted net income of $6.5 million, and full-year sales of $298.3 million and net income of $11.2 million. CEO Kevin Crutchfield said that the firm reported an adjusted EBITDA of $63.1 million for 2025, with $83.5 million in cash and no debt, noting solid Trio® demand and favorable fertilizer prices.

Intrepid Potash, Inc. (NYSE:IPI) is a diversified mineral company that supplies potassium, magnesium, sulfur, salt, and water to customers in agriculture, animal feed, and the oil and gas industry.

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