EX-99.1 2 tv519574_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP    
Monthly Account Statement    
For the Month Ended March 31, 2019    
     
Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $21,434,265 
Unrealized Gain (Loss) on Market Value of Futures   (35,546,225)
Dividend Income   27,487 
Interest Income   557,340 
ETF Transaction Fees   6,000 
Total Income (Loss)  $(13,521,133)
      
Expenses     
General Partner Management Fees  $142,351 
Professional Fees   82,212 
Brokerage Commissions   76,069 
Non-interested Directors' Fees and Expenses   3,006 
Prepaid Insurance Expense   2,850 
NYMEX License Fee   3,559 
SEC & FINRA Registration Expense   15,952 
Total Expenses  $325,999 
Net Income (Loss)  $(13,847,132)
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 3/1/19  $321,823,036 
Additions (700,000 Shares)   17,622,968 
Withdrawals (2,800,000 Shares)   (70,715,930)
Net Income (Loss)   (13,847,132)
      
Net Asset Value End of Month  $254,882,942 
Net Asset Value Per Share (10,884,588 Shares)  $23.42 

 

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 March 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