Terra Nitrogen reports 4Q income of $65.8 M

Deerfield, Ill.-Terra Nitrogen Co. LP reported fourth-quarter net income of $65.8 million ($2.61 per common unit) on sales of $142.9 million for the fourth quarter ending Dec. 31, 2010, compared to the year-ago $22.9 million ($1.22 per unit) on sales of $98.1 million. Full-year income was $201.6 million ($8.01 per unit) on sales of $564.6 million, up from the prior year’s $144.3 million ($5.40 per unit) on sales of $507.7 million.

Sales Volumes 000 4Q-10 4Q-09 2010 2009
Ammonia 95 61 335 307
UAN 459 466 1,958 1,761
Avg Selling Prices $/st
Ammonia 439 >291 369 374
UAN 192 143 193 191