EX-99.1 2 tm253437d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended December 31, 2024

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $64,559,542 
Realized Gain (Loss) on Swap Contracts   29,193,283 
Unrealized Gain (Loss) on Market Value of Commodity Futures   33,064,605 
Unrealized gain (loss) on Fair Value of Swap Contracts   (728) 
Dividend Income   1,691,167 
Interest Income   1,194,704 
ETF Transaction Fees   24,000 
Total Income (Loss)  $129,726,573 
      
Expenses     
General Partner Management Fees  $412,563 
Professional Fees   239,553 
Brokerage Commissions   148,643 
Directors' Fees and insurance   24,529 
License fees   10,313 
SEC & FINRA Registration Expense   14,654 
Total Expenses  $850,255 
Net Income (Loss)  $128,876,318 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/24  $856,885,545 
Additions (4,000,000 Shares)   53,304,069 
Withdrawals ((18,700,000) Shares)   (295,230,509)
Net Income (Loss)   128,876,318 
      
Net Asset Value End of Month  $743,835,423 
Net Asset Value Per Share (44,146,103 Shares)  $16.85 

 

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 December 31, 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