Terra Nitrogen Company, L.P. declared a cash distribution for the quarter ended June 30, 2017, of $1.60 per common unit payable on August 29, 2017 to holders of record as of August 15, 2017.

The company reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported total net sales of $96.1 million against $126.7 million a year ago, due to lower average selling prices for both ammonia and urea ammonium nitrate (UAN) as well as lower sales volume for UAN compared to the prior period. Earnings from operations was $39.4 million against $98.6 million a year ago. Net earnings was $39.5 million against $98.7 million a year ago. Net earnings per common unit was $1.48 against $3.22 a year ago.

For the six months, the company reported total net sales of $215.1 million against $234.7 million a year ago. Earnings from operations was $81.6 million against $136.3 million a year ago. Net earnings was $81.7 million against $136.4 million a year ago. Net earnings per common unit was $3.58 against $4.66 a year ago. Capital expenditures were $21.4 million as compared to $20.2 million in 2016.

For the full year 2017, the company expects capital expenditures to be in the range of $30 million to $40 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.