United States Natural Gas Fund, LP (UNG) SEC Filings

United States Natural Gas Fund, LP reported net income of $30,054,525 for the month ended August 31, 2026. Total income (loss) was $30,576,081 and total expenses were $521,556. Net asset value was $475,982,222 at the beginning of the month and $570,973,024 at month-end; net asset value per share was $10.55 for 54,146,103 shares. Additions of $106,106,403 were associated with 10,600,000 shares, while withdrawals of $41,170,126 were associated with 4,000,000 shares.

United States Natural Gas Fund, LP (UNG) disclosed that The Marygold Companies, Inc. (TMC) entered a definitive agreement with Madison Dearborn Partners for TMC to become privately held in an all-cash transaction. TMC is the sole shareholder of USCF Investments, Inc., which is the holding company and sole member of United States Commodity Funds LLC, UNG’s general partner.

The transaction is expected to close during the first half of 2027 or earlier, subject to customary closing conditions, including TMC stockholder approval, regulatory approvals and certain change-of-control approvals. Upon completion, TMC’s common stock will no longer be listed on the New York Stock Exchange. TMC and MDP indicated that, after closing and at the appropriate time, their leaders will execute TMC’s previously announced transformation strategy to refocus USCF’s business. Completion is not guaranteed.

United States Natural Gas Fund, LP (UNG) furnished its monthly account statement for the month ended July 31, 2026, including a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, under Rule 4.22 of the Commodity Exchange Act.

For July 2026, the fund reported a net loss of $67,829,017, driven mainly by realized and unrealized losses on commodity futures and swap contracts. Net asset value was $417,699,524 at the beginning of the month and $475,982,222 at month-end, reflecting $161,028,412 of additions and $34,916,697 of withdrawals. Net asset value per share at July 31, 2026 was $10.01 based on 47,546,103 shares.

United States Natural Gas Fund (UNG) reported partners’ capital of $417,699,524 and total assets of $421,672,309 as of June 30, 2026, with 35,446,103 limited partner shares outstanding. Net asset value per share was $11.78 versus a market price of $11.72.

For the six months ended June 30, 2026, UNG recorded net income of $125,087,146, driven mainly by $118,609,712 of realized gains on natural gas futures and a $6,650,612 increase in unrealized gains, partly offset by $5,164,131 of realized swap losses. Total expenses were $2,953,492, including $1,457,780 of management fees. The fund’s per-share total return was -3.44%, compared with an approximate -11.15% decline in its Benchmark Futures Contract, which the sponsor calculates as 0.80 percentage points of outperformance. About $240,250,000 (57.52% of partners’ capital) was held in government money market funds, while NYMEX natural gas futures notional exposure was $298,796,674 and OTC swap notional exposure $111,363,746, all subject to the derivatives, market, interest-rate and regulatory risks described.

United States Natural Gas Fund, LP reported a net loss of $6,349,221 for the month ended June 30, 2026. Total income was a loss of $5,911,995, reflecting a realized trading gain on commodity futures of $4,644,529, a loss of $1,535,941 on swap contracts, and significant unrealized losses on commodity futures.

Net asset value was $417,699,524 at June 30, 2026, down from $473,982,810 at the beginning of the month after withdrawals of 4,300,000 shares totaling $49,934,065 and the monthly loss. Net asset value per share was $11.78 based on 35,446,103 shares.

United States Natural Gas Fund generated strong profitability in May 2026. For the month ended May 31, 2026, it recorded net income of $61.9 million, driven mainly by realized and unrealized gains on commodity futures and swap contracts totaling over $60 million, plus dividend and interest income.

Monthly expenses were modest at $0.53 million, leaving most trading gains to flow through to investors. Net asset value moved from $542.7 million at the beginning of the month to $474.0 million at month-end, reflecting sizable net withdrawals, while net asset value per share was $11.93 based on 39,746,103 shares.

United States Natural Gas Fund, LP (UNG) furnished its April 2026 monthly account statement, showing a net loss of $40.1M and updated net asset value figures. The loss was driven mainly by realized trading losses on natural gas futures and swap contracts.

Total income (loss) was $(39.7M), including a realized trading loss on commodity futures of $(47.7M) and a realized loss on swap contracts of $(10.3M), partly offset by unrealized gains and investment income. Expenses were modest at $0.46M, primarily management, professional, and brokerage fees.

Despite the loss, net asset value increased as capital inflows exceeded outflows. Additions of $168.4M from 15.8 million new shares and withdrawals of $(29.5M) from 2.7 million redeemed shares resulted in ending net assets of $542.7M. Net asset value per share was $10.63 based on 51,046,103 shares outstanding.

United States Natural Gas Fund, LP filed Post-Effective Amendment No. 1 to its Form S-3, pursuant to Rule 462(d), solely to file additional exhibits. The amendment is effective immediately upon filing and does not modify other parts of the registration statement.

United States Natural Gas Fund (UNG) reported Q1 2026 net income of $109.7M, down from $208.8M a year earlier, as trading gains on futures and swaps declined. Total assets fell to $453.7M from $579.5M at year-end, with partners’ capital at $443.8M.

UNG’s net asset value per share slipped from $12.20 to $11.70, a 4.10% total return for the quarter, while the Benchmark Futures Contract for natural gas fell about 21.76%. The fund held 11,542 NYMEX natural gas futures contracts and $315.95M in government money market funds, and continued to track its benchmark closely over 30-day and long-term periods.