EX-99.1 2 tm2521008d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended June 30, 2025

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(473,540)
Realized Gain (Loss) on Swap Contracts   (3,684,353)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (8,526,340)
Unrealized Gain (Loss) on Fair Value of Swap Contracts   1 
Dividend Income   679,661 
Interest Income   420,041 
ETF Transaction Fees   15,000 
Total Income (Loss)  $(11,569,530)
      
Expenses     
General Partner Management Fees  $180,096 
Professional Fees   102,805 
Brokerage Commissions   43,722 
Directors' Fees and insurance   4,657 
License fees   4,503 
SEC & FINRA Registration Expense   14,181 
Total Expenses  $349,964 
Net Income (Loss)  $(11,919,494)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 6/1/25  $346,779,501 
Additions (4,400,000 Shares)   74,520,043 
Withdrawals ((3,000,000) Shares)   (48,842,431)
Net Income (Loss)   (11,919,494)
      
Net Asset Value End of Month  $360,537,619 
Net Asset Value Per Share (23,546,103 Shares)  $15.31 

 

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 June 30, 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