Every 8-K that United States Natural Gas Fund, LP Unit (UNG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow UNG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full UNG filings page.
United States Natural Gas Fund, LP (UNG) amended its ISDA 2002 Master Agreement with Société Générale S.A., reducing the Total Net Assets Decline Event Additional Termination Event threshold from $1.5 billion to $200,000,000, as of October 13, 2026.
The fund entered into the agreement on June 13, 2022.
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, 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 furnished its monthly account statement for the month ended March 31, 2026. The fund reported total income of $9,202,013, driven by commodity futures results, swap contract valuation changes, and investment income.
Total expenses were $439,507, resulting in net income of $8,762,506 for the month. Net asset value rose from $435,400,532 at the beginning of March to $443,841,134 at month-end. Net asset value per share was $11.70 based on 37,946,103 shares outstanding.
United States Natural Gas Fund, LP furnished its audited financial statements for the year ended December 31, 2025. Total assets were $579,489,846 and partners’ capital was $550,640,328, down from $743,835,423 a year earlier, reflecting lower natural gas futures valuations and net redemptions.
Net income was $34,228,548 for 2025, compared with $65,145,775 in 2024 and a large loss in 2023. Net asset value per share declined from $16.85 to $12.20, a total return of -27.60%, while the fund continued to track short-term Henry Hub natural gas futures.
Independent auditor Cohen & Company issued unqualified opinions on both the financial statements and internal control over financial reporting and reported no critical audit matters.
United States Natural Gas Fund, LP reported a net loss of $151,448,626 for the month ended February 28, 2026. The loss was driven mainly by unrealized losses on commodity futures of $128,007,486 and unrealized losses on swap contracts of $25,286,394, partly offset by realized futures gains and dividend and interest income.
Net asset value started the month at $446,339,421. During the month, investors added $273,877,265 (22,000,000 shares) and withdrew $133,367,528 (10,600,000 shares). After the net loss, net asset value ended at $435,400,532, with net asset value per share of $11.50 based on 37,846,103 shares.
United States Natural Gas Fund, LP furnished the audited statements of financial condition of its general partner, United States Commodity Funds LLC, as of December 31, 2025 and 2024. USCF reported total assets of $6.7 million and member’s equity of $5.1 million at year-end 2025, with cash and cash equivalents of $1.5 million and investments at fair value of $2.4 million. Management fees receivable from related-party funds were $1.2 million at year-end 2025. The notes describe legal and regulatory matters involving USCF and related funds; no loss accrual has been recorded, but an adverse outcome could materially adversely affect the company’s financial condition, results of operations and cash flows. Subsequent to year-end, USCF approved and paid dividends totaling $850,000 to its parent in early 2026.
United States Natural Gas Fund, LP reported a strong monthly result for January 2026, with net income of $252,385,178. Total income was driven mainly by realized and unrealized gains on commodity futures and swap contracts, along with dividend and interest income.
Net asset value started the month at $550,640,328. Investor additions of $389,414,319 and withdrawals of $746,100,404, combined with net income, resulted in an ending net asset value of $446,339,421. Net asset value per share was $16.88 based on 26,446,103 shares outstanding at month-end.
United States Natural Gas Fund, LP furnished its monthly account statement for the month ended December 31, 2025. The report, presented as a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, is provided as Exhibit 99.1 and is also available on its website.
The information is being shared under Regulation FD and is designated as furnished, not filed, which limits how it is treated under federal securities laws and how it may be incorporated into other securities law documents.
United States Natural Gas Fund, LP reported that it has released its monthly account statement for the month ended November 30, 2025. The statement is presented as a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, as required under Rule 4.22 of the Commodity Exchange Act. The document is being provided as an exhibit to this report and is also available on the fund’s website at www.uscfinvestments.com. The information is being furnished rather than filed, which means it is not automatically subject to certain Exchange Act liability provisions or incorporated into other securities offerings unless specifically referenced.
United States Natural Gas Fund, LP furnished an update to investors by issuing its monthly account statement for the month ended October 31, 2025. The statement, prepared as a Statement of Income (Loss) and a Statement of Changes in Net Asset Value under Commodity Exchange Act Rule 4.22, provides a snapshot of the fund’s recent performance and changes in value. The report is attached as Exhibit 99.1 and is also available on the fund’s website at uscfinvestments.com. The information is being furnished rather than filed, meaning it is not subject to certain Exchange Act liability provisions or automatically incorporated into other securities filings.
United States Natural Gas Fund, LP (UNG) furnished a Form 8-K under Item 7.01 (Regulation FD) announcing its monthly account statement for the month ended September 30, 2025.
The update, provided as Exhibit 99.1, includes a Statement of Income (Loss) and a Statement of Changes in Net Asset Value pursuant to CEA Rule 4.22. The information is furnished, not filed, and may also be accessed on the company’s website. The 8-K specifies that the furnished information is not subject to Section 18 liability and is not incorporated by reference unless expressly stated.
United States Natural Gas Fund, LP filed a current report to share its monthly account statement for the month ended August 31, 2025. The statement, issued on September 29, 2025, includes a Statement of Income (Loss) and a Statement of Changes in Net Asset Value, as required under Commodity Exchange Act Rule 4.22.
The monthly account statement is furnished as Exhibit 99.1 and is also available on the sponsor’s website at www.uscfinvestments.com. The information is furnished under Regulation FD and is not treated as filed for liability purposes under Section 18 of the Securities Exchange Act of 1934 or automatically incorporated into other securities filings.