EX-99.1 2 tm2315506d2_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended April 30, 2023

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(108,141,833)
Realized Gain (Loss) on Swap Contracts   (940,025)
Unrealized Gain (Loss) on Market Value of Commodity Futures   119,758,619 
Unrealized gain (loss) on Fair Value of Swap Contracts   3,109,920 
Dividend Income   1,093,143 
Interest Income   2,881,645 
ETF Transaction Fees   28,000 
Total Income (Loss)  $17,789,469 
      
Expenses     
General Partner Management Fees  $574,754 
Professional Fees   97,324 
Brokerage Commissions   285,492 
Directors' Fees and insurance   14,349 
License fees   14,369 
Total Expenses  $986,288 
Net Income (Loss)  $16,803,181 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 4/1/23  $1,163,415,181 
Additions (28,600,000 Shares)   190,336,871 
Withdrawals (26,700,000 Shares)   (188,705,142)
Net Income (Loss)   16,803,181 
      
Net Asset Value End of Month  $1,181,850,091 
Net Asset Value Per Share (167,784,588 Shares)  $7.04 

 

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 April 30, 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