Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended May 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $41,706,320 
Unrealized Gain (Loss) on Market Value of Commodity Futures   12,257,699 
Dividend Income   175,357 
Interest Income   13,946 
ETF Transaction Fees   18,000 
Total Income (Loss)  $54,171,322 
      
Expenses     
General Partner Management Fees  $257,727 
Professional Fees   93,675 
Brokerage Commissions   50,710 
Directors' Fees and insurance   9,156 
NYMEX License Fee   6,443 
Total Expenses  $417,711 
Net Income (Loss)  $53,753,611 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 5/1/22  $439,938,856 
Additions (3,800,000 Shares)   102,882,513 
Withdrawals (3,400,000 Shares)   (97,016,424)
Net Income (Loss)   53,753,611 
      
Net Asset Value End of Month  $499,558,556 
Net Asset Value Per Share (18,084,588 Shares)  $27.62 

 

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, 2022 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