Attached files
| file | filename |
|---|---|
| 8-K - 8-K - United States Natural Gas Fund, LP | tv486832_8k.htm |
Exhibit 99.1
| United States Natural Gas Fund, LP | |
| Monthly Account Statement | |
| For the Month Ended January 31, 2018 |
| Statement of Income (Loss) | ||||
| Income | ||||
| Realized Trading Gain (Loss) on Futures | $ | 103,002,710 | ||
| Realized Trading Gain (Loss) on Short-Term Investments | (263 | ) | ||
| Unrealized Gain (Loss) on Market Value of Futures | (52,265,880 | ) | ||
| Dividend Income | 13,521 | |||
| Interest Income | 565,329 | |||
| ETF Transaction Fees | 38,000 | |||
| Total Income (Loss) | $ | 51,353,417 | ||
| Expenses | ||||
| General Partner Management Fees | $ | 264,355 | ||
| Professional Fees | 82,214 | |||
| Brokerage Commissions | 182,021 | |||
| Non-interested Directors' Fees and Expenses | 4,163 | |||
| Prepaid Insurance Expense | 2,110 | |||
| NYMEX License Fee | 6,609 | |||
| SEC & FINRA Registration Expense | 14,030 | |||
| Total Expenses | $ | 555,502 | ||
| Net Income (Loss) | $ | 50,797,915 | ||
| Statement of Changes in Net Asset Value | ||||
| Net Asset Value Beginning of Month 1/1/18 | $ | 652,091,733 | ||
| Additions (9,300,000 Shares) | 233,307,350 | |||
| Withdrawals (21,657,031* Shares) | (541,942,375 | ) | ||
| Net Income (Loss) | 50,797,915 | |||
| Net Asset Value End of Month | $ | 394,254,623 | ||
| Net Asset Value Per Share (15,584,588* Shares) | $ | 25.30 | ||
| * On January 4, 2018, there was a 1-for-4 reverse share split. The Monthly Account Statement has been adjusted for the period shown to reflect the 1-for-4 reverse share split on a retroactive basis. | |
| 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 January 31, 2018 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 | |
| 1999 Harrison Street, Suite 1530 | |
| Oakland, CA 94612 | |