Terra Nitrogen Company, L.P. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2012; Declares Cash Distribution for the Quarter Ended June 30, 2012, Payable on August 29, 2012
For the six months period, the company reported total sales of $392.5 million compared to $394.6 million a year ago. Earnings from operations were $279.0 million compared to $249.8 million a year ago. Net earnings were $279.0 million or $8.45 per common unit compared to $249.8 million or $7.55 per common unit a year ago.
The company declared a cash distribution for the quarter ended June 30, 2012, of $4.21 per common limited partnership unit payable August 29, 2012, to holders of record as of August 17, 2012.