EX-99.1 2 tv527269_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

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

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(591,923)
Unrealized Gain (Loss) on Market Value of Futures   (3,293,787)
Dividend Income   90,995 
Interest Income   517,660 
ETF Transaction Fees   9,000 
Total Income (Loss)  $(3,268,055)
      
Expenses     
General Partner Management Fees  $155,631 
Professional Fees   54,314 
Brokerage Commissions   98,579 
Non-interested Directors' Fees and Expenses   3,708 
Prepaid Insurance Expense   2,607 
NYMEX License Fee   3,891 
SEC & FINRA Registration Expense   11,666 
Total Expenses  $330,396 
Net Income (Loss)  $(3,598,451)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 7/1/19  $324,941,153 
Additions (1,900,000 Shares)   37,400,460 
Withdrawals (4,100,000 Shares)   (83,611,768)
Net Income (Loss)   (3,598,451)
      
Net Asset Value End of Month  $275,131,394 
Net Asset Value Per Share (14,184,588 Shares)  $19.40 

 

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, 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