EX-99.1 2 tm2321447d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended June 30, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $24,143,215 
Realized Gain (Loss) on Swap Contracts   23,180,782 
Unrealized Gain (Loss) on Market Value of Commodity Futures   129,382,832 
Unrealized gain (loss) on Fair Value of Swap Contracts   35,454,146 
Dividend Income   742,642 
Interest Income   3,375,744 
ETF Transaction Fees   23,000 
Total Income (Loss)  $216,302,361 
      
Expenses     
General Partner Management Fees  $554,011 
Professional Fees   96,973 
Brokerage Commissions   240,558 
Directors' Fees and insurance   14,194 
License fees   13,851 
Total Expenses  $919,587 
Net Income (Loss)  $215,382,774 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/23  $1,011,507,612 
Additions (18,100,000 Shares)   113,374,479 
Withdrawals (30,700,000 Shares)   (219,945,715)
Net Income (Loss)   215,382,774 
      
Net Asset Value End of Month  $1,120,319,150 
Net Asset Value Per Share (150,084,588 Shares)  $7.46 

 

To the Limited Partners of United States Natural Gas Fund, LP:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended June 30, 2023 is accurate and complete.

 

/s/ Stuart P. Crumbaugh  

Stuart P. Crumbaugh

Chief Financial Officer

United States Commodity Funds LLC, General Partner of United States Natural Gas Fund, LP

 

United States Commodity Funds LLC

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596