EX-99.1 2 v473857_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended July 31, 2017  

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $2,452,565 
Unrealized Gain (Loss) on Market Value of Futures   (35,300,585)
Dividend Income   14,976 
Interest Income   318,281 
ETF Transaction Fees   10,000 
Total Income (Loss)  $(32,504,763)
      
Expenses     
General Partner Management Fees  $223,701 
Professional Fees   14,014 
Brokerage Commissions   120,577 
Non-interested Directors' Fees and Expenses   2,938 
Prepaid Insurance Expense   2,110 
NYMEX License Fee   5,593 
SEC & FINRA Registration Expense   14,030 
Total Expenses  $382,963 
Net Income (Loss)  $(32,887,726)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 7/1/17  $447,477,068 
Additions (6,700,000 Shares)   43,493,967 
Withdrawals (5,100,000 Shares)   (34,479,346)
Net Income (Loss)   (32,887,726)
      
Net Asset Value End of Month  $423,603,963 
Net Asset Value Per Share (67,566,476 Shares)  $6.27 

 

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 July 31, 2017 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

1999 Harrison Street, Suite 1530

Oakland, CA 94612