EX-99.1 2 tv514111_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended January 31, 2019

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(20,366,637)
Unrealized Gain (Loss) on Market Value of Futures   32,093,542 
Dividend Income   38,304 
Interest Income   529,256 
ETF Transaction Fees   17,000 
Total Income (Loss)  $12,311,465 
      
Expenses     
General Partner Management Fees  $143,589 
Professional Fees   82,213 
Brokerage Commissions   82,037 
Non-interested Directors' Fees and Expenses   2,960 
Prepaid Insurance Expense   2,851 
NYMEX License Fee   3,590 
SEC & FINRA Registration Expense   4,959 
Total Expenses  $322,199 
Net Income (Loss)  $11,989,266 
      
Statement of Changes in Net Asset Value    
      
Net Asset Value Beginning of Month 1/1/19  $248,014,523 
Additions (4,900,000 Shares)   126,203,387 
Withdrawals (4,000,000 Shares)   (108,018,397)
Net Income (Loss)   11,989,266 
      
Net Asset Value End of Month  $278,188,779 
Net Asset Value Per Share (11,084,588 Shares)  $25.10 

 

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, 2019 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