EX-99.1 2 tm223088d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended December 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(127,046,770)
Unrealized Gain (Loss) on Market Value of Commodity Futures   49,836,313 
Dividend Income   5,324 
Interest Income   6,674 
ETF Transaction Fees   9,000 
Total Income (Loss)  $(77,189,459)
      
Expenses     
General Partner Management Fees  $200,356 
Professional Fees   44,975 
Brokerage Commissions   72,109 
Directors' Fees and insurance   7,686 
NYMEX License Fee   5,009 
Total Expenses  $330,135 
Net Income (Loss)  $(77,519,594)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/21  $460,635,358 
Additions (2,500,000 Shares)   30,084,348 
Withdrawals (3,300,000 Shares)   (41,665,721)
Net Income (Loss)   (77,519,594)
      
Net Asset Value End of Month  $371,534,391 
Net Asset Value Per Share (29,984,588 Shares)  $12.39 

 

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 December 31, 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