EX-99.1 2 tm1920479d1_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

United States Natural Gas Fund, LP
Monthly Account Statement
For the Month Ended September 30, 2019
 
Statement of Income (Loss)

 

Income    
Realized Trading Gain (Loss) on Futures  $57,998,454 
Unrealized Gain (Loss) on Market Value of Futures   (48,250,724)
Dividend Income   72,424 
Interest Income   456,961 
ETF Transaction Fees   11,000 
Total Income (Loss)  $10,288,115 
      
Expenses     
General Partner Management Fees  $151,012 
Professional Fees   52,563 
Brokerage Commissions   93,542 
Non-interested Directors' Fees and Expenses   3,499 
Prepaid Insurance Expense   2,523 
NYMEX License Fee   3,775 
SEC & FINRA Registration Expense   11,289 
Total Expenses  $318,203 
Net Income (Loss)  $9,969,912 

 

Statement of Changes in Net Asset Value     

 

Net Asset Value Beginning of Month 9/1/19  $322,503,862 
Additions (500,000 Shares)   10,448,695 
Withdrawals (3,900,000 Shares)   (86,090,759)
Net Income (Loss)   9,969,912 
      
Net Asset Value End of Month  $256,831,710 
Net Asset Value Per Share (12,884,588 Shares)  $19.93 

 

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 September 30, 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