EX-99.1 2 tv523783_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP  
Monthly Account Statement  
For the Month Ended May 31, 2019  

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $2,923,276 
Unrealized Gain (Loss) on Market Value of Futures   (18,407,586)
Interest Income   554,342 
ETF Transaction Fees   4,000 
Total Income (Loss)  $(14,925,968)
      
Expenses     
General Partner Management Fees  $138,076 
Professional Fees   82,214 
Brokerage Commissions   72,667 
Non-interested Directors' Fees and Expenses   2,801 
Prepaid Insurance Expense   1,850 
NYMEX License Fee   3,452 
SEC & FINRA Registration Expense   4,095 
Total Expenses  $305,155 
Net Income (Loss)  $(15,231,123)
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 5/1/19  $269,415,539 
Additions (500,000 Shares)   11,431,488 
Withdrawals (700,000 Shares)   (15,908,674)
Net Income (Loss)   (15,231,123)
      
Net Asset Value End of Month  $249,707,230 
Net Asset Value Per Share (11,884,588 Shares)  $21.01 

 

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 May 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