EX-99.1 2 tm2426255d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended September 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $19,877,190 
Realized Gain (Loss) on Swap Contracts   31,637,441 
Unrealized Gain (Loss) on Market Value of Commodity Futures   121,587,317 
Unrealized gain (loss) on Fair Value of Swap Contracts   8,186,118 
Dividend Income   979,037 
Interest Income   2,431,614 
ETF Transaction Fees   18,000 
Total Income (Loss)  $184,716,717 
      
Expenses     
General Partner Management Fees  $431,519 
Professional Fees   192,132 
Brokerage Commissions   187,429 
Directors' Fees and insurance   23,400 
License fees   10,787 
Total Expenses  $845,267 
Net Income (Loss)  $183,871,450 
      

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 9/1/24  $825,290,763 
Additions (2,100,000 Shares)   29,718,538 
Withdrawals ((9,800,000) Shares)   (149,066,561)
Net Income (Loss)   183,871,450 
      
Net Asset Value End of Month  $889,814,190 
Net Asset Value Per Share (54,146,103 Shares)  $16.43 

 

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 September 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