UNG reports $188M net income for Feb; NAV per share $20.33

United States Natural Gas Fund, LP

Net income of $188.1M for month ended Feb 28, 2025, driven by $132.2M in realized and unrealized gains.
Net asset value declined from $646.6M to $411.7M, with net withdrawals of 21.2M shares (net $423M outflow).
NAV per share $20.33 on 20.25M shares outstanding at month-end.
Total income of $188.8M vs total expenses of $0.7M; management fees $304.9K.

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