EX-99.1 2 tm2414449d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended April 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(32,314,691)
Realized Gain (Loss) on Swap Contracts   (1,633,828)
Unrealized Gain (Loss) on Market Value of Commodity Futures   23,912,984 
Unrealized gain (loss) on Fair Value of Swap Contracts   (234)
Dividend Income   303,817 
Interest Income   3,100,181 
ETF Transaction Fees   19,000 
Total Income (Loss)  $(6,612,771)
      
Expenses     
General Partner Management Fees  $406,521 
Professional Fees   197,073 
Brokerage Commissions   254,765 
Directors' Fees and insurance   22,550 
License fees   10,163 
Total Expenses  $891,072 
Net Income (Loss)  $(7,503,843)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 4/1/24  $830,500,981 
Additions (7,900,000 Shares)   115,109,873 
Withdrawals ((6,600,000) Shares)   (99,560,080)
Net Income (Loss)   (7,503,843)
      
Net Asset Value End of Month  $838,546,931 
Net Asset Value Per Share (57,646,103 Shares)  $14.55 

 

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 April 30, 2024 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