other
confidence high
sentiment negative
materiality 0.25
UNG reports net loss of $122M for May 2023; NAV per share $6.22
United States Natural Gas Fund, LP
- Net loss of $122,001,280 for the month ended May 31, 2023.
- Net asset value per share $6.22 on 162,684,588 shares outstanding.
- Realized trading loss on commodity futures of $28.7M gain, unrealized loss of $113.5M.
- Net asset value decreased from $1.18B to $1.01B during May.
- Fund had net redemptions of approximately 5.1 million shares (additions 21.9M vs withdrawals 27M).