EX-99.1 2 tm2135395d2_ex99-1.htm EXHIBIT 99.1

  

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended November 30, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(58,832,250)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (34,235,370)
Dividend Income   6,760 
Interest Income   7,072 
ETF Transaction Fees   13,000 
Total Income (Loss)  $(93,040,788)
      
Expenses     
General Partner Management Fees  $253,177 
Professional Fees   43,525 
Brokerage Commissions   74,452 
Directors' Fees and insurance   7,898 
NYMEX License Fee   6,329 
Total Expenses  $385,381 
Net Income (Loss)  $(93,426,169)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/21  $478,100,914 
Additions (7,000,000 Shares)   116,933,685 
Withdrawals (2,600,000 Shares)   (40,973,072)
Net Income (Loss)   (93,426,169)
      
Net Asset Value End of Month  $460,635,358 
Net Asset Value Per Share (30,784,588 Shares)  $14.96 

   

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 November 30, 2021 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