Sioux City-Terra Nitrogen Co. L.P. reported net income of $22.9 million ($1.22 per L.P. unit) on sales of $98.1 million for the fourth quarter ending Dec. 31, 2009, compared to the year-ago $104.4 million ($3.55 per unit) and $225.2 million, respectively. The company said lower prices were partially offset by an 11 percent increase in UAN sales volumes. Ammonia volumes were off 25 percent due to the late harvest. Full-year net income was $144.3 million ($5.40 per unit) on sales of $507.7 million, versus 2008’s $422.4 million ($14.90 per unit) and $903 million. For the year, ammonia volumes were up slightly, while UAN sales were off 11 percent.
| 000 st, $/st | 4Q-2009 Volumes | 4Q-2009 Prices | 4Q-2008 Volumes | 4Q-2008 Prices |
| Ammonia | 61 | 291 | 81 | 707 |
| UAN | 466 | 143 | 420 | 366 |
| Nat. Gas Cost | NA | 4.45 | NA | 10.54 |
| 000 st, $/st | Year 2009 Volumes | Year 2009 Prices | Year 2008 Volumes | Year 2008 Prices |
| Ammonia | 307 | 374 | 303 | 616 |
| UAN | 1,761 | 191 | 1,980 | 330 |
| Nat. Gas Cost | NA | 4.83 | NA | 8.59 |
(Price is average selling price. Gas cost is mmBtu.)