United States Natural Gas Fund (NYSEARCA:UNG) Releases Monthly Account Statement with Strong Performance

United States Natural Gas Fund, LP has recently disclosed its Monthly Account Statement for the period ended December 31, 2024. The statement reveals a robust financial performance with notable gains across various income streams.

In terms of income, the fund reported a Realized Trading Gain (Loss) on Commodity Futures amounting to $64,559,542, along with a Realized Gain (Loss) on Swap Contracts totaling $29,193,283. Additionally, there was an Unrealized Gain (Loss) on Market Value of Commodity Futures of $33,064,605 and dividends and interest income contributing $1,691,167 and $1,194,704 respectively. The total income for the period amounted to $129,726,573.

On the expenses side, the fund incurred General Partner Management Fees of $412,563, Professional Fees of $239,553, and Brokerage Commissions of $148,643, among others. The total expenses summed up to $850,255.

After accounting for all expenses, the net income for the period was reported at $128,876,318. This strong performance was reflected in the Statement of Changes in Net Asset Value, showing an ending Net Asset Value of $743,835,423 and a Net Asset Value Per Share of $16.85 based on 44,146,103 shares.

Stuart P. Crumbaugh, the Chief Financial Officer of United States Commodity Funds LLC, the General Partner of United States Natural Gas Fund, LP, signed off on the statement, affirming the accuracy and completeness of the information provided.

Investors and stakeholders can refer to the detailed Monthly Account Statement for a comprehensive overview of the fund’s financial standing and performance for the specified period.

It should be noted that all financial information provided is as per the official filing by United States Natural Gas Fund, LP with the Securities and Exchange Commission (SEC).

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read United States Natural Gas Fund’s 8K filing here.

United States Natural Gas Fund Company Profile

United States Natural Gas Fund, LP is a limited partnership. The Company is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of the Company is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the price of the futures contracts on natural gas traded on the New York Mercantile Exchange (the NYMEX) that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire (the Benchmark Futures Contract), less its expenses.