EX-99.1 2 tm2431087d2_99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended November 30, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $28,395,489 
Realized Gain (Loss) on Swap Contracts   23,823,898 
Unrealized Gain (Loss) on Market Value of Commodity Futures   77,249,144 
Unrealized gain (loss) on Fair Value of Swap Contracts   192 
Dividend Income   1,216,438 
Interest Income   1,844,225 
ETF Transaction Fees   24,000 
Total Income (Loss)  $132,553,386 
      
Expenses     
General Partner Management Fees  $423,295 
Professional Fees   177,826 
Brokerage Commissions   189,432 
Directors' Fees and insurance   23,759 
License fees   10,583 
SEC & FINRA Registration Expense   14,182 
Total Expenses  $839,077 
Net Income (Loss)  $131,714,309 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/24  $797,911,105 
Additions (11,600,000 Shares)   149,028,328 
Withdrawals ((15,600,000) Shares)   (221,768,197)
Net Income (Loss)   131,714,309 
      
Net Asset Value End of Month  $856,885,545 
Net Asset Value Per Share (58,846,103 Shares)  $14.56 

 

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 November 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