other material
confidence high
sentiment negative
materiality 0.50
UNG reports August net loss of $29.2M; NAV per share $12.74
United States Natural Gas Fund, LP
- Net loss of $29.2M for the month; total income loss of $28.7M.
- Realized trading loss on commodity futures of $62.6M, offset by unrealized gain of $41.3M.
- NAV end of month $599.5M ($12.74/share) on 47.0M shares outstanding.
- 13.8M shares issued and 0.9M shares redeemed during August.