other material
confidence high
sentiment negative
materiality 0.30
UNG posts $94.2M net loss for Feb 2024; NAV per share $16.63
United States Natural Gas Fund, LP
- Net loss of $94.2M driven by $248.9M realized trading loss on futures, partially offset by $165.9M unrealized gain.
- Net asset value rose to $868.7M from $743.4M due to $219.5M net share inflows.
- Shares outstanding at month end: 52.2M; NAV per share $16.63.
- Total expenses of $845K; net income negative $94.2M.