---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-018797"
form_type: "8-K"
ticker: "UNG"
cik: "0001376227"
company_name: "United States Natural Gas Fund, LP"
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T22:50:13.378427+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# UNG reports January net loss of $6.5M; NAV per share $16.07

## Summary
- Net loss for January 2025: $6.48M, with total income (loss) of ($5.68M).
- Net asset value per share $16.07 as of Jan 31, 2025.
- Net shares decreased by 3.9M shares; additions 10.1M shares, withdrawals 14M shares.
- Realized trading gain on futures of $144M offset by unrealized loss of $141.5M.
- Expenses for month: $798K, including $378K management fees.

## SEC filing metadata
- accession: 0001104659-25-018797
- form_type: 8-K
- ticker: UNG
- cik: 0001376227
- company_name: United States Natural Gas Fund, LP
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376227/000110465925018797/0001104659-25-018797-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376227/000110465925018797/tm256731d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-018797
- JSON: https://secwatch.observer/filing/0001104659-25-018797.json
- Plain text: https://secwatch.observer/filing/0001104659-25-018797.txt

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