CF Industries Holdings, Inc. announced unaudited consolidated earnings and operating results for the third quarter and nine months ended September 30, 2018. For the quarter, the company's net sales were $1,040 million compared with $870 million a year ago. Operating earnings was $136 million compared with operating loss of $37 million a year ago. Earnings before income taxes were $83 million compared with loss before income taxes of $115 million a year ago. Net income attributable to common stockholders was $30 million compared with loss attributable to common stockholders of $87 million a year ago. Basic and diluted earnings per share were $0.13 compared to basic and diluted loss per share of $0.37 a year ago. Net cash provided by operating activities was $645 million compared with $214 million a year ago. Additions to property, plant and equipment was $133 million compared with $105 million a year ago. Adjusted EBITDA was $300 million compared with $134 million a year ago. Adjusted EBITDA per ton was $62.96 compared to $27.48 a year ago. The increases were due primarily to higher average selling prices across all segments.

For the nine months, the company's net sales were $3,297 million compared with $3,031 million a year ago. Operating earnings was $571 million compared with $129 million a year ago. Earnings before income taxes were $406 million compared with loss before income taxes of $108 million a year ago. Net income attributable to common stockholders was $241 million compared with loss attributable to common stockholders of $107 million a year ago. Basic and diluted earnings per share were $1.03 compared to basic and diluted loss per share of $0.46 a year ago. Net cash provided by operating activities was $1,243 million compared with $1,401 million a year ago. Additions to property, plant and equipment was $278 million compared with $290 million a year ago. Adjusted EBITDA was $1,064 million compared with $709 million a year ago. Adjusted EBITDA per ton was $72.85 compared to $48.34 a year ago. The increases were due primarily to higher average selling prices across all segments.

For the quarter, the company announced Ammonia production of 2,456,000 tons compared to 2,489,000 tons a year ago. Production of Granular urea of 1,296,000 tons compared to 1,091,000 tons a year ago. Production of UAN (32%) of 1,595,000 tons compared to 1,483,000 tons a year ago. Production of AN of 474,000 tons compared to 571,000 tons a year ago.

For the nine months, the company announced Ammonia production of 7,424,000 tons compared to, 7,653,000 tons a year ago. Production of Granular urea of 3,675,000 tons compared to 3,329,000 tons a year ago. Production of UAN (32%) of 4,957,000 tons compared to 5,022,000 tons a year ago. Production of AN of 1,355,000 tons compared to 1,572,000 tons a year ago.

Capital expenditures in 2018 for new activity are estimated to be approximately $425 million.