Intrepid Retires Series A Senior Notes; Updates 2020 Guidance and Announces Earnings Release and Conference Call Dates - Seite 2

First Quarter 2020 Earnings
Intrepid plans to release its first quarter 2020 financial results on Wednesday, May 6, 2020, after the market closes.  Intrepid will host its first quarter 2020 earnings conference call on Thursday, May 7 at 12:00 p.m. Eastern Time to discuss the results of the quarter and other operating and financial matters and to answer investor questions. You can listen to the conference call by using the dial-in number 1-800-319-4610 from the U.S. and Canada, or [phone] from other countries. The call will also be streamed live on Intrepid's website, intrepidpotash.com.

A recording of the conference call will be available approximately two hours after the completion of the call at intrepidpotash.com or by dialing 1-800-319-6413 from the U.S. and Canada, or [phone] from other countries. The replay of the call will require the input of the conference identification number 4399. The recording will be available through June 7, 2020.

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 potash, which is applied as an essential nutrient for healthy crop development, utilized in several industrial applications and used as an ingredient in animal feed. In addition, Intrepid produces a specialty fertilizer, Trio, which delivers three key nutrients, potassium, magnesium, and sulfate, in a single particle. Intrepid also provides water, magnesium chloride, brine and various oilfield services.

Intrepid serves diverse customers in markets where a logistical advantage exists and is a leader in the use of solar evaporation for potash production, resulting in lower cost and more environmentally friendly production. Intrepid’s mineral production comes from three solar solution potash facilities and one conventional underground Trio mine.

Intrepid routinely posts important information, including information about upcoming investor presentations and press releases, on its website under the Investor Relations tab. Investors and other interested parties are encouraged to enroll at intrepidpotash.com, to receive automatic email alerts or RSS feeds for new postings.

Forward-Looking Statements
This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws. Forward-looking statements contain known and unknown risks and uncertainties (many of which are difficult to predict and beyond management's control) that may cause Intrepid’s actual results in future periods to differ materially from anticipated or projected results. Forward-looking statements in this press release include, among others, statements regarding Intrepid’s ability to reduce capital expenditures and maintain current production rates, ability to quickly ramp up operations in its oilfield business at a future time, expectations for 2020 capital expenditure and views on its long-term outlook. An extensive list of specific material risks and uncertainties affecting Intrepid is contained in its Annual Report on Form 10-K for the year ended December 31, 2019, and other quarterly and current reports filed with the Securities and Exchange Commission from time to time. Any forward-looking statements in this press release are made as of the date of this press release, and Intrepid undertakes no obligation to update or revise any forward-looking statements to reflect new information or events.

Contact
Matt Preston, VP Finance
Phone: [phone]
Email: [e-mail]