EX-99.1 2 tm2512319d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended March 31, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $9,731,883 
Realized Gain (Loss) on Swap Contracts   11,501,791 
Unrealized Gain (Loss) on Market Value of Commodity Futures   5,124,205 
Unrealized gain (loss) on Fair Value of Swap Contracts   293 
Dividend Income   474,953 
Interest Income   811,342 
ETF Transaction Fees   21,000 
Total Income (Loss)  $27,665,467 
      
Expenses     
General Partner Management Fees  $223,369 
Professional Fees   156,502 
Brokerage Commissions   44,961 
Directors' Fees and insurance   5,951 
License fees   5,585 
SEC & FINRA Registration Expense   14,655 
Total Expenses  $451,023 
Net Income (Loss)  $27,214,444 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 3/1/25  $411,681,693 
Additions (4,000,000 Shares)   88,265,475 
Withdrawals ((4,700,000) Shares)   (106,234,735)
Net Income (Loss)   27,214,444 
      
Net Asset Value End of Month  $420,926,877 
Net Asset Value Per Share (19,546,103 Shares)  $21.54 

 

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 March 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