EX-99.1 2 tm233698d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended December 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $8,130,440 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (173,884,937)
Dividend Income   1,099,863 
Interest Income   353,050 
ETF Transaction Fees   25,000 
Total Income (Loss)  $(164,276,584)
      
Expenses     
General Partner Management Fees  $240,449 
Professional Fees   145,725 
Brokerage Commissions   63,962 
Directors' Fees and insurance   9,686 
NYMEX License Fee   6,011 
Total Expenses  $465,833 
Net Income (Loss)  $(164,742,417)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/22  $504,382,617 
Additions (9,700,000 Shares)   158,499,231 
Withdrawals (3,400,000 Shares)   (68,800,955)
Net Income (Loss)   (164,742,417)
      
Net Asset Value End of Month  $429,338,476 
Net Asset Value Per Share (30,184,588 Shares)  $14.22 

  

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, 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