other material
confidence high
sentiment neutral
materiality 0.30
UNG reports net income of $183.9M for month ended Sept 30, 2024
United States Natural Gas Fund, LP
- Net income of $183.9 million, driven by $121.6M unrealized gain on commodity futures and $31.6M realized gain on swaps.
- NAV per share ended month at $16.43 on 54.1 million shares outstanding.
- Net asset value increased from $825.3M to $889.8M, net of share additions and withdrawals.
- Realized trading gain on commodity futures of $19.9M; realized gain on swap contracts of $31.6M.