EX-99.1 2 tm256731d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended January 31, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $143,976,329 
Realized Gain (Loss) on Swap Contracts   (10,609,277)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (141,481,009)
Unrealized gain (loss) on Fair Value of Swap Contracts   (100,454)
Dividend Income   1,777,243 
Interest Income   732,909 
ETF Transaction Fees   24,000 
Total Income (Loss)  $(5,680,259)
      
Expenses     
General Partner Management Fees  $377,724 
Professional Fees   239,553 
Brokerage Commissions   132,693 
Directors' Fees and insurance   24,334 
License fees   9,443 
SEC & FINRA Registration Expense   14,654 
Total Expenses  $798,401 
Net Income (Loss)  $(6,478,660)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/25  $743,835,423 
Additions (10,100,000 Shares)   161,206,469 
Withdrawals (14,000,000 Shares)   (251,948,704)
Net Income (Loss)   (6,478,660)
      
Net Asset Value End of Month  $646,614,528 
Net Asset Value Per Share (40,246,103 Shares)  $16.07 

 

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 January 31, 2025 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