| Intrepid Potash is a mineral company that delivers potassium, magnesium, sulfur, salt, and water products for customer in agriculture, animal feed and the oil and gas industry. Co. is a producer of muriate of potash (sometimes referred to as potassium chloride or potash), which is applied as a nutrient for healthy crop development, utilized in several industrial applications, and used as an ingredient in animal feed. In addition, Co. produces a fertilizer, Trio®, which delivers potassium, magnesium, and sulfate, in a single particle. Co. also provides water, magnesium chloride, brine and various oilfield products and services. Co.'s three primary products are potash, Trio®, and water. We show 51 historical shares outstanding datapoints in our IPI shares outstanding history coverage, used to compute IPI market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IPI market cap history over the course of time is important for investors
interested in comparing IPI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of IPI versus a peer is one thing; comparing
IPI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like IPI can fluctuate over the course of history.
With this page we aim to empower investors researching IPI by allowing them to research the IPI market cap history.