EX-99.1 2 tm2012587d3_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

United States Natural Gas Fund, LP
Monthly Account Statement
For the Month Ended February 29, 2020  

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	(33,273,706	)
Unrealized Gain (Loss) on Market Value of Futures			(10,957,684	)
Dividend Income			302,483
Interest Income			346,898
ETF Transaction Fees			13,000
Total Income (Loss)		$	(43,569,009	)
Expenses
General Partner Management Fees		$	248,876
Professional Fees			50,811
Brokerage Commissions			215,197
Non-interested Directors' Fees and Expenses			5,700
Prepaid Insurance Expense			2,439
NYMEX License Fee			6,222
SEC & FINRA Registration Expense			21,750
Total Expenses		$	550,995
Net Income (Loss)		$	(44,120,004	)

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 2/1/20		$	530,759,297
Additions (2,200,000 Shares)			31,900,634
Withdrawals (7,200,000 Shares)			(102,683,277	)
Net Income (Loss)			(44,120,004	)
Net Asset Value End of Month		$	415,856,650
Net Asset Value Per Share (31,884,588 Shares)		$	13.04

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 February 29, 2020 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