EX-99.1 2 tv516239_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

   
United States Natural Gas Fund, LP  
Monthly Account Statement  
For the Month Ended February 28, 2019  

 

Statement of Income (Loss) 
     
Income     
Realized Trading Gain (Loss) on Futures  $(52,626,835)
Unrealized Gain (Loss) on Market Value of Futures   53,586,280 
Dividend Income   46,319 
Interest Income   523,723 
ETF Transaction Fees   14,000 
Total Income (Loss)  $1,543,487 
      
Expenses     
General Partner Management Fees  $146,975 
Professional Fees   74,258 
Brokerage Commissions   113,459 
Non-interested Directors' Fees and Expenses   2,959 
Prepaid Insurance Expense   2,575 
NYMEX License Fee   3,674 
SEC & FINRA Registration Expense   4,479 
Total Expenses  $348,379 
Net Income (Loss)  $1,195,108 

 

Statement of Changes in Net Asset Value    
      
Net Asset Value Beginning of Month 2/1/19  $278,188,779 
Additions (5,400,000 Shares)   127,216,361 
Withdrawals (3,500,000 Shares)   (84,777,212)
Net Income (Loss)   1,195,108 
      
Net Asset Value End of Month  $321,823,036 
Net Asset Value Per Share (12,984,588 Shares)  $24.79 

 

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 February 28, 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