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Jun 30, 2020
Intrepid Potash Q2 2020 Earnings Report
Reported results affected by COVID-19 pandemic, particularly in oilfield activity and water sales.
Key Takeaways
Intrepid Potash reported a net loss of $8.9 million, or $0.07 per share, for Q2 2020. The results were impacted by the COVID-19 pandemic, which led to decreased oilfield activity and water sales. The company repaid the remaining $15 million of outstanding principal on its Series C Senior Notes and had $14 million in cash on hand.
Cash flow from operations of $8.8 million
Net loss of $8.9 million, or $0.07 per share
Adjusted net loss of $8.6 million, or $0.07 per share
Adjusted EBITDA of $0.6 million
Revenue by Segment
Forward Guidance
The company expects the economic disruptions caused by the COVID-19 pandemic will continue to have a material effect on revenue growth and overall profitability, particularly for its oilfield solutions segment, in future reporting periods.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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