EX-99.1 2 tm1919627d3_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended October 31, 2019

 

Statement of Income (Loss)

Income     
Realized Trading Gain (Loss) on Futures  $(33,105,505)
Unrealized Gain (Loss) on Market Value of Futures   50,959,955 
Dividend Income   24,746 
Interest Income   469,310 
ETF Transaction Fees   14,000 
Total Income (Loss)  $18,362,506 
      
Expenses     
General Partner Management Fees  $151,167 
Professional Fees   54,315 
Brokerage Commissions   103,999 
Non-interested Directors' Fees and Expenses   3,953 
Prepaid Insurance Expense   2,607 
NYMEX License Fee   3,779 
SEC & FINRA Registration Expense   23,250 
Total Expenses  $343,070 
Net Income (Loss)  $18,019,436 

 

Statement of Changes in Net Asset Value

Net Asset Value Beginning of Month 10/1/19  $256,831,710 
Additions (5,200,000 Shares)   100,432,791 
Withdrawals (3,600,000 Shares)   (74,143,231)
Net Income (Loss)   18,019,436 
      
Net Asset Value End of Month  $301,140,706 
Net Asset Value Per Share (14,484,588 Shares)  $20.79 

 

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 October 31, 2019 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