---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-008030"
form_type: "8-K"
ticker: "UNG"
cik: "0001376227"
company_name: "United States Natural Gas Fund, LP"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T14:49:59.410843+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# UNG reports December 2023 net loss of $80.6M; NAV per share at $20.36

## Summary
- Net loss of $(80,575,137) for December, driven by realized trading loss of $(208,090,770) on commodity futures.
- Unrealized gain on commodity futures of $145,252,291 partially offset realized losses.
- Total income (loss) of $(79,741,860) with expenses of $833,277 (management fees $500,633).
- Net asset value fell from $1.005B to $973.85M; additions of 5.775M shares and withdrawals of 3.5M shares.
- Net asset value per share: $20.36 on 47,821,147 shares outstanding.

## SEC filing metadata
- accession: 0001104659-24-008030
- form_type: 8-K
- ticker: UNG
- cik: 0001376227
- company_name: United States Natural Gas Fund, LP
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376227/000110465924008030/0001104659-24-008030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376227/000110465924008030/tm243433d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-008030
- JSON: https://secwatch.observer/filing/0001104659-24-008030.json
- Plain text: https://secwatch.observer/filing/0001104659-24-008030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
