Intrepid Potash: Undervalued Strategic U.S. Assets Backed By A Fortress Balance Sheet
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IWA Research1.88K FollowersFollow5ShareSavePlay(17min)CommentsSummaryIntrepid Potash is reiterated as a Buy, supported by a fortress balance sheet, undervalued strategic assets, and potential cash flows from the XTO deal.IPI’s net cash position, minimal debt, XTO oil drilling potential, and a price-to-book ratio of ~0.70 highlight significant downside protection and acquisition appeal.Macro tailwinds such as US-China trade normalization and pro-organic policy support IPI’s long-term demand, despite ongoing sector volatility and geopolitical risks.My intrinsic value estimate for IPI is estimated well above the current price, with risk from commodity prices but strong potential overall. Ivan Murauyou/iStock via Getty Images Introduction Last time I covered Intrepid Potash (IPI), I highlighted their improved strategic assets, fortress balance sheet and solid future as a key US producer of vital fertilizers, being supported by long-term tailwinds andThis article was written byIWA Research1.88K FollowersFollowAs of 2025, I've got over 10 years of researching companies. In total, throughout my investing life, I estimate that I researched (in depth) well over 1000 companies, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe could help me provide useful content for readers. After writing my own blog for about 3 years, I decided to switch to a value investing-focused YouTube channel, where I researched hundreds of different companies so far. I would say my favorite type of company to cover are metals and mining stocks, but I am comfortable with several other industries, such as consumer discretionary/staples, REITs and utilities.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in IPI over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.