EX-99.1 2 tm2525705d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended August 31, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(62,555,920)
Realized Gain (Loss) on Swap Contracts   (9,145,425)
Unrealized Gain (Loss) on Market Value of Commodity Futures   41,280,970 
Unrealized gain (loss) on Fair Value of Swap Contracts   127 
Dividend Income   1,072,891 
Interest Income   633,282 
ETF Transaction Fees   18,000 
Total Income (Loss)  $(28,696,075)
      
Expenses     
General Partner Management Fees  $262,869 
Professional Fees   98,622 
Brokerage Commissions   104,651 
Directors' Fees and insurance   6,473 
License fees   6,571 
Total Expenses  $479,186 
Net Income (Loss)  $(29,175,261)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 8/1/25  $466,370,247 
Additions (13,800,000 Shares)   173,442,161 
Withdrawals ((900,000) Shares)   (11,163,140)
Net Income (Loss)   (29,175,261)
      
Net Asset Value End of Month  $599,474,007 
Net Asset Value Per Share (47,046,103 Shares)  $12.74 

 

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 August 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