IPI Stock Recent News

OWL's acquisition of IPI will add nearly $10.5 billion in assets under management and further enhance Blue Owl's existing digital infrastructure strategy.

Acquisition of digital infrastructure fund manager will add approximately $10.5 billion in assets under management and further augment Blue Owl's existing digital infrastructure strategy. NEW YORK , Oct. 7, 2024 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced today it has entered into a definitive agreement to acquire the business of digital infrastructure fund manager IPI Partners, LLC ("IPI") from an affiliate of ICONIQ Capital ("ICONIQ") and an affiliate of Iron Point Partners ("Iron Point") for a purchase price of approximately $1.0 billion.

Intrepid Potash offers a "low-risk, high uncertainty" value opportunity with a clean balance sheet, positive cash flow, and cheap valuation despite short-term uncertainties. The company faces headwinds such as declining potash prices and the sudden departure of its long-tenured CEO, who is also the largest shareholder. Upside potential includes improved production volumes and capital allocation changes under new leadership, especially if potash prices rebound.

11 Federal Prospecting Permits Issued and 4 Additional Exploratory Drill Holes Authorized VANCOUVER, BC / ACCESSWIRE / October 2, 2024 / American Potash Corp. ("American Potash"or the"Company") (CSE:KCL)(OTC PINK:APCOF)(Frankfurt:2P3) is pleased to announce that the United States Department of the Interior, Bureau of Land Management ("BLM") has approved the Company's Plan of Operations, including issuing 11 Prospecting Permits and authorizing 4 Exploratory Drill Holes. This approval relates to approximately 25,480 acres of the Company's Green River Project in the Paradox Basin, Utah which is within the federally administered Red Wash Potash Leasing Area and is subject to standard terms and conditions, including environmental commitments (for BLM decision see BLM National NEPA Register).

DENVER--(BUSINESS WIRE)--Intrepid Potash Inc. ("Intrepid" or “the Company”) (NYSE:IPI) today has made a new investor presentation available through the Investor Relations section of the Company's website at www.intrepidpotash.com. About Intrepid 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 pota.

Intrepid Potash, Inc. (NYSE:IPI ) Q2 2024 Earnings Conference Call August 6, 2024 12:00 PM ET Company Participants Evan Mapes - IR Matt Preston - CFO and Acting Principal Executive Officer Zachry Adams - VP, Sales and Marketing Conference Call Participants Lucas Beaumont - UBS Jason Ursaner - Bumbershoot Holdings Operator Thank you for standing by. This is the conference operator, and welcome to the Intrepid Potash, Inc. Second Quarter 2024 Results Conference Call.

Intrepid Potash (IPI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.02. This compares to earnings of $0.33 per share a year ago.

DENVER--(BUSINESS WIRE)--Intrepid Potash, Inc. ("Intrepid", the "Company", "we", "us", or "our") (NYSE:IPI) today reported its results for the second quarter of 2024. Key Highlights for Second Quarter 2024 Financial & Operational Total sales of $62.1 million, which compares to $81.0 million in the second quarter of 2023. Net loss of $0.8 million (or $0.06 per diluted share), which compares to net income of $4.3 million (or $0.33 per diluted share) in the second quarter of 2023. Gross margin.

Intrepid Potash (IPI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Keep an eye on stocks such as RTX, Intrepid Potash (IPI) and DHT for superb earnings acceleration.