Terra Nitrogen Company, L.P. announced unaudited consolidated earnings and operating results for the quarter and nine months ended September 30, 2017. For the quarter, the company reported net sales were $84.6 million compared to $90.2 last year, due to lower average selling prices for both ammonia and urea ammonium nitrate (UAN) that were partially offset by higher sales volumes for both products compared to the prior period. Earnings from operations were $22.7 million compared to $28.8 million last year. Net earnings were $22.8 million compared to $28.8 million last year. Net earnings per common unit were $0.92 compared to $1.04 last year.

For the nine months, the company reported net sales were $299.7 million compared to $324.9 last year. Earnings from operations were $104.3 million compared to $165.1 million last year. Net earnings were $104.5 million compared to $165.2 million last year. Net earnings per common unit were $4.49 compared to $5.71 last year. Capital expenditures were $18.6 million as compared to $24.8 million last year.

For the quarter, the company reported sales volume for Ammonia was 122,000 tons compared to 103,000 tons last year. Sales volume of UAN was 454,000 tons compared to 415,000 tons last year.

For the nine months, the company reported sales volume for Ammonia was 361,000 tons compared to 306,000 tons last year. Sales volume of UAN was 1,393,000 tons compared to 1,231,000 tons last year.

For the full year 2017, the company expects capital expenditures to be in the range of $30 million to $35 million. The company previously announced that it expected to make capital expenditures for the full year 2017 in the range of $75 million to $85 million, with approximately $40 million of the projected capital expenditures related to a plant turnaround scheduled to start in the third quarter of 2017. Subsequent to that announcement, the company postponed the turnaround due to a delay in receiving certain equipment. The company anticipates the plant turnaround will occur in the third quarter of 2018 and expects it to cost approximately $40 million.