Terra Nitrogen Company, L.P. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2015
For the full year 2015, the company reported net earnings of $306.9 million on net sales of $581.7 million. This compares to net earnings of $370.0 million on net sales of $648.3 million for 2014. Net earnings allocable to common units was $186.2 million or $10.06 per common unit against $223.3 million or $12.07 per common unit a year ago. Results for the full year 2015 included a $23.1 million unrealized net mark-to-market loss on natural gas derivatives compared to a loss of $12.6 million for 2014.