EX-99.1 2 tv529233_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended August 31, 2019

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(10,484,996)
Unrealized Gain (Loss) on Market Value of Futures   19,979,126 
Dividend Income   56,992 
Interest Income   498,628 
ETF Transaction Fees   3,000 
Total Income (Loss)  $10,052,750 
      
Expenses     
General Partner Management Fees  $152,818 
Professional Fees   54,314 
Brokerage Commissions   98,110 
Non-interested Directors' Fees and Expenses   3,839 
Prepaid Insurance Expense   2,607 
NYMEX License Fee   3,820 
SEC & FINRA Registration Expense   11,666 
Total Expenses  $327,174 
Net Income (Loss)  $9,725,576 
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 8/1/19  $275,131,394 
Additions (2,200,000 Shares)   39,564,250 
Withdrawals (100,000 Shares)   (1,917,358)
Net Income (Loss)   9,725,576 
      
Net Asset Value End of Month  $322,503,862 
Net Asset Value Per Share (16,284,588 Shares)  $19.80 

 

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 August 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