EX-99.1 2 tm243433d9_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statemen

For the Month Ended June 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $38,156,080 
Realized Gain (Loss) on Swap Contracts   (2,561,763)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (41,395,067)
Unrealized gain (loss) on Fair Value of Swap Contracts   27 
Dividend Income   279,907 
Interest Income   2,748,896 
ETF Transaction Fees   16,000 
Total Income (Loss)  $(2,755,920)
      
Expenses     
General Partner Management Fees  $369,560 
Professional Fees   197,073 
Brokerage Commissions   142,018 
Directors' Fees and insurance   22,713 
License fees   9,239 
Total Expenses  $740,603 
Net Income (Loss)  $(3,496,523)
      

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/24  $730,575,004 
Additions (4,400,000 Shares)   80,415,061 
Withdrawals ((4,700,000) Shares)   (95,418,484)
Net Income (Loss)   (3,496,523)
      
Net Asset Value End of Month  $712,075,058 
Net Asset Value Per Share (40,946,103 Shares)  $17.39 

 

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, 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