Intrepid Potash raised its full-year 2026 production guidance for potash and Trio and said it expects to begin share repurchases in the third quarter. The company now sees potash output of 290,000 to 300,000 tons and Trio output of 295,000 to 305,000 tons, citing better recovery, throughput and reliability. Second-quarter adjusted EBITDA rose to $17.5 million from $13.8 million a year earlier, while gross margin increased 35% to $16.6 million. Following the $68.9 million South Ranch sale, Intrepid had $185 million in cash and expanded its buyback authorization to $50 million, while reducing 2026 capital-spending guidance to about $40 million.
Intrepid Potash IncRaises 2026 production guidance, plans Q3 buybacks, and reports higher EBITDA and gross margin.
