Revenue Update on Terra Nitrogen Company L.P.(NYSE:TNH)

Terra Nitrogen Company L.P.(NYSE:TNH) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Earnings per share were $3.22.

Terra Nitrogen Company L.P. (TNH) shares turned negative on Fridays trading session with the shares closing down -0.31 points or -0.27% at a volume of 27,308. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $113.751. The peak price level was also seen at $113.751 while the days lowest was $112.0282. Finally the shares closed at $113.2. The 52-week high of the shares is $127 while the 52-week low is $84.12. According to the latest information available, the market cap of the company is $2,094 M.

Terra Nitrogen Company L.P. is a producer of nitrogen fertilizer products. The Company’s principal products are anhydrous ammonia (ammonia) and urea ammonium nitrate solutions (UAN). The Company conducts its operations through an operating partnership Terra Nitrogen Limited Partnership (TNLP). The Company’s nitrogen products are used primarily by farmers to help in the yield of their crops. Its manufacturing operations are located at Verdigris Oklahoma. Terra Nitrogen GP Inc. (TNGP) is the general partner of both the Company and TNLP. TNGP is an indirect wholly owned subsidiary of CF Industries Holdings Inc. (CF Industries). CF Industries through its subsidiaries is engaged in nitrogen fertilizer manufacturing and distribution serving both agricultural and industrial customers.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *