StockTitan (@stocktitan.net)

Intrepid Potash Announces Sale of Intrepid South Ranch for $70 Million Intrepid Potash (NYSE:IPI) announced on April 2, 2026 the sale of the majority of assets comprising the Intrepid South Ranch for $70.0 million, which includes an $8.0 million deposit received in December 2025. The sale transfers approximately 21,793 acres of fee land, 27,858 acres of federal grazing leases, water rights, and related assets that make up most of its oilfield solutions operations.The company said net proceeds will increase financial flexibility to invest in core potash and Trio production, accelerate decades of cash flow into a single transaction, and be largely sheltered from income taxes by deferred tax assets. Raymond James and Lewis Ringelman advised the company. https://www.stocktitan.net/news/IPI/intrepid-potash-announces-sale-of-intrepid-south-ranch-for-70-fea9gut8fkm5.html