EX-99.1 2 tm229966d2_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended February 28, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $33,903,899 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (52,538,227)
Dividend Income   4,228 
Interest Income   4,631 
ETF Transaction Fees   18,000 
Total Income (Loss)  $(18,607,469)
      
Expenses     
General Partner Management Fees  $146,812 
Professional Fees   40,622 
Brokerage Commissions   66,924 
Directors' Fees and insurance   6,391 
NYMEX License Fee   3,670 
Total Expenses  $264,419 
Net Income (Loss)  $(18,871,888)
      

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 2/1/22  $381,797,978 
Additions (8,200,000 Shares)   127,918,623 
Withdrawals (9,300,000 Shares)   (160,955,307)
Net Income (Loss)   (18,871,888)
      
Net Asset Value End of Month  $329,889,406 
Net Asset Value Per Share (21,284,588 Shares)  $15.50 

 

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 February 28, 2022 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