STOCK TITAN

US Natural Gas Fund posts $519K September net loss

UNG's month-end net asset value was $469,863,365, and net asset value per share was $10.41.

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Form Type
8-K

Rhea-AI Filing Summary

United States Natural Gas Fund, LP issued its monthly account statement for the month ended September 30, 2026. The statement reports a net loss of $518,685: total income was $25,208 and total expenses were $543,893. Net asset value was $570,973,024 at the start of the month and $469,863,365 at month-end. The Fund recorded a realized trading gain of $25,123,615 on commodity futures and an unrealized market-value loss of $25,219,480 on commodity futures. Additions were $56,816,231 for 5,500,000 shares; withdrawals were $157,407,205 for 14,500,000 shares. Net asset value per share was $10.41 for 45,146,103 shares.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Net Income (Loss) ($518,685) Month ended September 30, 2026
Total Income (Loss) $25,208 Month ended September 30, 2026
Total Expenses $543,893 Month ended September 30, 2026
Net Asset Value, end of month $469,863,365 September 30, 2026
Net Asset Value per Share $10.41 per share For 45,146,103 shares at month-end
Additions $56,816,231 for 5,500,000 shares Month ended September 30, 2026
Withdrawals $157,407,205 for 14,500,000 shares Month ended September 30, 2026
Net Asset Value financial
"Net Asset Value End of Month"
Net asset value is the total value of an investment fund's assets minus any liabilities, divided by the number of shares or units outstanding. It represents the per-share worth of the fund, similar to how the value of a house is determined by its total worth after debts are subtracted. Investors use it to gauge the true value of their holdings and to compare different investment options.
Realized Trading Gain (Loss) on Commodity Futures financial
"Realized Trading Gain (Loss) on Commodity Futures"
Unrealized Gain (Loss) on Market Value of Commodity Futures financial
"Unrealized Gain (Loss) on Market Value of Commodity Futures"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What was UNG's net loss for September 2026?

UNG reported a net loss of $518,685 for the month ended September 30, 2026. Total income was $25,208, and total expenses were $543,893.

What was UNG's net asset value at September month-end?

UNG's net asset value at September 30, 2026 was $469,863,365. Net asset value per share was $10.41 for 45,146,103 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): October 30, 2026

 

UNITED STATES NATURAL GAS FUND, LP 

(Exact name of registrant as specified in its charter)

 

Delaware 001-33096 20-5576760
(State or other jurisdiction
of incorporation)
(Commission File Number) (I.R.S. Employer
Identification No.)

 

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, California 94596

(510) 522-9600 (Address of principal executive offices) (Zip Code) 
Registrant’s telephone number,    
including area code    

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered:
Shares of United States Natural Gas Fund, LP   UNG   NYSE Arca, Inc.

 

 

 

 

 

 

Item 7.01. Regulation FD Disclosure.

 

On October 30, 2026, United States Natural Gas Fund, LP (the “Registrant”) issued its monthly account statement for the month ended September 30, 2026, which is presented in the form of a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, as required pursuant to Rule 4.22 under the Commodity Exchange Act. A copy of the monthly account statement is furnished as Exhibit 99.1 to this Current Report on Form 8-K and also can be found on the Registrant’s website at www.uscfinvestments.com. The information furnished in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit 99.1

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  UNITED STATES NATURAL GAS FUND, LP
  By: United States Commodity Funds LLC, its general partner
     
Date:

October 30, 2026

By: /s/ Stuart P. Crumbaugh
  Name: Stuart P. Crumbaugh
  Title: Chief Financial Officer

 

 

 

 

Exhibit 99.1

United States Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended September 30, 2026

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $25,123,615 
Realized Gain (Loss) on Swap Contracts   (1,504,181)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (25,219,480)
Unrealized gain (loss) on Fair Value of Swap Contracts   12 
Dividend Income   435,613 
Interest Income   1,180,879 
ETF Transaction Fees   8,750 
Total Income (Loss)  $25,208 
      
Expenses     
General Partner Management Fees  $279,380 
Professional Fees   124,041 
Brokerage Commissions   126,834 
Directors' Fees and Insurance   6,654 
License Fees   6,984 
Total Expenses  $543,893 
Net Income (Loss)  $(518,685)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 9/1/26  $570,973,024 
Additions (5,500,000 Shares)   56,816,231 
Withdrawals (14,500,000 Shares)   (157,407,205)
Net Income (Loss)   (518,685)
      
Net Asset Value End of Month  $469,863,365 
Net Asset Value Per Share (45,146,103 Shares)  $10.41 

 

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, 2026 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  

 

 

 

Filing Exhibits & Attachments

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