EX-99.1 2 tm2232602d2_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended November 30, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(19,368,680)
Unrealized Gain (Loss) on Market Value of Commodity Futures   39,296,280 
Dividend Income   1,065,020 
Interest Income   370,470 
ETF Transaction Fees   12,000 
Total Income (Loss)  $21,375,090 
      
Expenses     
General Partner Management Fees  $262,803 
Professional Fees   141,024 
Brokerage Commissions   57,578 
Directors' Fees and insurance   9,649 
NYMEX License Fee   6,570 
Total Expenses  $477,624 
Net Income (Loss)  $20,897,466 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/22  $549,543,480 
Additions (1,400,000 Shares)   28,090,340 
Withdrawals (4,300,000 Shares)   (94,148,669)
Net Income (Loss)   20,897,466 
      
Net Asset Value End of Month  $504,382,617 
Net Asset Value Per Share (23,884,588 Shares)  $21.12 

 

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, 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