EX-99.1 2 tm236869d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended January 31, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(273,885,695)
Unrealized Gain (Loss) on Market Value of Commodity Futures   36,512,556 
Dividend Income   1,346,926 
Interest Income   466,842 
ETF Transaction Fees   48,000 
Total Income (Loss)  $(235,511,371)
      
Expenses     
General Partner Management Fees  $285,404 
Professional Fees   128,678 
Brokerage Commissions   177,539 
Directors' Fees and insurance   10,731 
License fees   7,135 
Total Expenses  $609,487 
Net Income (Loss)  $(236,120,858)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/23  $429,338,476 
Additions (64,700,000 Shares)   697,776,722 
Withdrawals (10,900,000 Shares)   (121,809,484)
Net Income (Loss)   (236,120,858)
      
Net Asset Value End of Month  $769,184,856 
Net Asset Value Per Share (83,984,588 Shares)  $9.16 

 

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 January 31, 2023 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