Exhibit 99.1

 

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended September 30, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(58,261,150)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (101,035,811)
Dividend Income   608,461 
Interest Income   433,738 
ETF Transaction Fees   18,000 
Total Income (Loss)  $(158,236,762)
      
Expenses     
General Partner Management Fees  $258,997 
Professional Fees   141,025 
Brokerage Commissions   51,908 
Directors' Fees and insurance   9,828 
NYMEX License Fee   6,475 
Total Expenses  $468,233 
Net Income (Loss)  $(158,704,995)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 9/1/22  $573,949,401 
Additions (4,700,000 Shares)   128,623,351 
Withdrawals (2,700,000 Shares)   (73,905,064)
Net Income (Loss)   (158,704,995)
      
Net Asset Value End of Month  $469,962,693 
Net Asset Value Per Share (20,184,588 Shares)  $23.28 

 

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, 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